2024

Empower

Atlas

HONG KONG, Dec. 12, 2024 /PRNewswire/ -- On December 10,&nbsp;HashKey Chain announced the $50 million Atlas Grant Program to support global Web3 projects. This initiative aims to drive innovation in the OP Stack ecosystem, accelerate HashKey Chain's application layer growth, and boost on-chain adoption.
HashKey Chain leverages OP Stack technology to enhance transaction speed and reduce fees. This open-source framework powers Optimism's L2 Rollup and allows developers to build customizable Layer 2 blockchains with Ethereum's security.
The grant pool includes $50 million in HSK tokens, with $10 million allocated initially. Funding is tied to milestone achievements by developers and teams building on HashKey Chain.
Key Areas of Focus:
<ul>
 <li>RWA (Real-World Assets): Tokenization of financial assets for liquidity and transparency.</li>
 <li>PayFi, stablecoins, and BTCFi: Driving blockchain adoption in finance.</li>
</ul>
Hong Kong's role as a financial hub makes it ideal for RWA tokenization, aligning with HashKey Chain's compliance-focused strategy to bring traditional financial products on-chain.
CEO Statement:
<blockquote>
 "We are excited to announce the $50 million Atlas Grant Program to the global market," said Kay, CEO of HashKey Chain. "We hope individuals, teams, and organizations joining the HashKey Chain ecosystem share a strong confidence in the future of the crypto industry. Together with HashKey Chain, we aim to build a thriving and open Web3 ecosystem, creating groundbreaking applications with real traction across major blockchains while achieving meaningful returns in the process."
</blockquote>
The first phase allocates $10 million in HSK tokens, with applications open from December 10, 2024, to January 10, 2025. Grant recipients will be announced on January 20, 2025.
X:<a href="http://@HashKeyHSK" rel="noopener noreferrer nofollow" target="_blank">@HashKeyHSK</a>
Application:&nbsp;<a href="https://github.com/orgs/HashkeyHSK/discussions/new?category=session-1" rel="noopener noreferrer nofollow" target="_blank">https://github.com/orgs/HashkeyHSK/discussions/new?category=session-1</a>
<a href="https://mma.prnewswire.com/media/2579885/HashKey_Chain_Logo.html" rel="noopener noreferrer nofollow" target="_blank"><img src="https://app.chainwire.org/storage/uploads/images/HashKey_Chain_Logo_1734013803TVEAi3qzYF.jpg"></a> 
Disclaimer. This is a paid press release. CoinMarketCap does not recommend that any cryptocurrency (bitcoin, ethereum, custom asset) should be bought, sold or held. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.

HashKey Chain Launches $50 Million Atlas Grant Program to Empower Global Web3 Developers (12 Dec)

Chainwire

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