The TGE Catalyst Grant program aims to support emerging projects in the zkEVM of Astar for token generation events (TGE).
The digital asset exchange Huobi HTX has announced a partnership with Astar Network. Astar Network aims to position Polkadot as a "smart contract hub" and, as a parallel chain of Polkadot, supports its newly launched "TGE Catalyst Grant" program. This move represents a significant step forward in driving innovation within Astar's zkEVM blockchain ecosystem.
The TGE Catalyst Grant program aims to support emerging projects in the zkEVM of Astar for token generation events (TGE). This groundbreaking program provides participants with a comprehensive support package, including financial assistance, strategic partnerships with key opinion leaders, and robust marketing activities, all aimed at ensuring the success of token generation.
The managing partner of HTX Ventures stated, "As active participants in the blockchain field, Huobi HTX is committed to supporting transformative projects that drive industry development. Through the partnership with Astar Network for the TGE Catalyst Grant program, HTX Ventures demonstrates its determination to nurture innovation and provide comprehensive market support from the outset. We are pleased to collaborate with Astar Network and other leading exchanges to provide the necessary tools and support for the success of the next generation of token projects."
Since 2021, HTX Ventures, the global investment arm of Huobi HTX, has been an investor in Astar Network, demonstrating a long-term commitment to the growth and success of the Astar platform and its related projects.
Astar Network stated, "We are very grateful for Huobi HTX's support and trust in our vision to expand the forefront of blockchain technology. The TGE Catalyst Grant program not only accelerates our mission within Astar Network, but also enhances the synergistic effect of our joint efforts to drive global blockchain innovation. We are excited about the future and look forward to working together to bring about transformative impact within the ecosystem."
Key features of the TGE Catalyst Grant include:
Strategic CEX partnerships: Simplifying the listing process and enhancing market dynamics through partnerships with top CEXs.
Unique marketing and KOL alliances: Utilizing Astar's "SAMURAI Support" marketing framework to enhance project visibility and engagement within the Web3 community.
Listing acceleration package: Providing financial support for marketing and promotional activities, along with liquidity consulting services and audit support to ensure project readiness and security.
Huobi HTX's participation in the TGE Catalyst Grant not only strengthens its portfolio of innovative blockchain services but also enhances its role as a catalyst in the decentralized finance (DeFi) space.
About Huobi HTX:
Founded in 2013, Huobi HTX has evolved from a simple cryptocurrency exchange into a comprehensive blockchain business ecosystem. This expansion encompasses a range of services including digital asset trading, financial derivatives, wallets, research, investment, and incubation. As a leading gateway to the world of Web 3.0, Huobi HTX focuses on global expansion, ecosystem prosperity, wealth effects, and growth strategies for security and compliance, providing comprehensive, secure, and reliable services and value for cryptocurrency enthusiasts worldwide, solidifying its position as a global Web3 gateway.
About Astar:
Astar Network is a gateway connecting enterprises, entertainment, and gaming projects, covering Japan and the global market, driving global adoption and delivery of Web3 to billions of users. It leverages cross-virtual machine technology supported by Polygon and Polkadot to provide customizable blockchain solutions, accelerating the adoption of Web3. With zk-powered Ethereum L2 Scaling (zkEVM), EVM, WASM, and an advanced ecosystem, Astar offers powerful, secure, and interoperable Web3 technology. Astar's zkEVM is a new second-layer solution that extends the Web3 experience on Ethereum using zero-knowledge technology. Astar Network connects you to Web3.
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