Polygon covers Blocto’s $1 million Web3 onboarding! Selected Polygon projects will receive funding, access to Blocto’s user base, and crucial developer resources.

Blocto, a multi-chain Web3 ecosystem and cross-chain wallet application, has announced a $1 million award program to hasten user onboarding to Web3 by facilitating quick, easy, and safe wallet development on the Polygon protocols.

Incentives of up to $1 million will be offered exclusively for projects constructing on Polygon over a three-month engagement period. Selected projects receive dedicated access to Blocto’s large user base, developer relations teams, and communication channels in addition to financial support and developer tools resources.

The Blocto committee will subject all applications for the program to a thorough evaluation by conducting them through the Ecosystem Program page on Blocto. The feasibility, effect, and alignment of the eligible initiatives with the strategic business goals of Blocto will all be considered holistically.

And than this development comes after significant work was done at the EthCC to strengthen account abstraction (AA) capabilities throughout the Web3 ecosystem, where Blocto had announced the debut of their AA-compatible wallet to make it even easier for common people to interact and engage with digital assets.

Creating “widespread availability” of technology for Web3 that is accessible, sustainable, and affordable

“Our vision at Polygon Labs is seeing scalable, affordable, secure, and sustainable blockchain technology for Web3 being widely available,” stated Hamzah Khan, director of growth at Polygon Labs.

By putting the user experience first, Blocto’s cross-chain wallet application on Polygon gives dApp developers and projects based on the Polygon ecosystem seamless access to blockchain wallets.

“These efforts accelerate the development of user-friendly Web3 technologies to propel the industry forward by prioritizing simplicity and ease-of-use.”

Moreover Blocto’s co-founder and CEO, Hsuan Lee, spoke about the change in a statement as well: “Blocto is devoted to enable individuals to effectively interact with exciting prospects inside the Web3 ecosystem, without difficulties of managing their digital assets.

Finally the integration of Blocto with the Polygon protocols and engagement with the Polygon ecosystem will create user-friendly, secure portals for frictionless onboarding experiences. Polygon is one of the most well-known, leading blockchain ecosystems that has been bridging the worlds of Web2 and Web3. Together, we are happy to support the widespread adoption of cutting-edge technological innovation and to help democratize blockchain technologies.

Best Forex Broker

The top-tier DFSA, FCA, and ASIC all regulate XM. Right now, one of the best trading platforms offering wide range of products.

Trade whenever with a CFD broker with global recognition! You have mobile access to more than 230 tradeable assets with the VT mobile app.

Enjoy Instant Order Execution and a Professional Platform. Low fees and helpful, round-the-clock support. high quality. Indices. Trading.

Trade CFDs on shares, indices, currency, commodities, bonds, and cryptocurrencies with our simple interface on worldwide markets.

For traders with low to medium skill levels. Provides a perfect fit thanks to its customizable account types that suits different styles.