Astar Network Launches Catalyst Grant for Tokens on zkEVM

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As a seasoned crypto investor with a few successful projects under my belt, I’m always on the lookout for promising new opportunities. The announcement of Astar Network’s TGE Catalyst Grant in stablecoins has certainly piqued my interest.

The Astar Network, known for its Japanese roots and international growth, introduces the TGE Catalyst Grant in stablecoins during the pre-Token Generating Event (TGE) phase for tokens built on its zkEVM platform. This program is designed to boost token launches on Ethereum Layer-2 by providing comprehensive assistance to projects developing blockchain solutions. Interested parties are encouraged to apply.

Here’s what makes it so special:

As a crypto investor, I can tell you that having robust relationships with major cryptocurrency exchanges such as Huobi Global (HTX), Gate io, Bitget, MEXC, and Poloniex significantly facilitates the listing process for a project. This partnership network ensures a seamless and efficient onboarding experience, making it easier for a new coin or token to gain visibility and traction within the crypto market.

I analyze a Listing Acceleration Package, which is a financial aid program designed to assist with marketing expenses on Cryptocurrency Exchanges (CEXs). This package covers a significant portion of listing fees and creates personalized advertisement campaigns during the Token Generation Event (TGE) period, thereby enhancing visibility.

Expert Recommendation: An accomplished team will provide advice on managing liquidity, interacting with market makers, and formulating supply plans to establish a robust market position right from the start. Furthermore, they will liaise with audit firms for efficient and comprehensive audits to safeguard the project’s integrity.

As a researcher studying the Astar ecosystem, I would describe it this way: The SAMURAI Council gains entry to a marketing infrastructure linking users with key opinion leaders (KOLs) and the Degens community. This alliance not only assists in expanding users’ community involvement but also boosts their follower base within the Astar project. By doing so, it broadens the reach of the project’s message to a vast audience.

Community Building through Live Interactions: The SAMURAI Council organizes real-time discussions, hands-on training sessions, and question-and-answer forums to foster a strong and dynamic community bond with the project.

Through its extensive offerings, Astar Foundation assists in not just initiating tokens for users but also fosters their longevity and expansion within a prosperous community. Now, eligible projects have the opportunity to progress further.

Based on the information provided in the press release that I’ve received, the application deadline falls at the end of June.

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2024-05-07 14:12