Astar Network Launches TGE Catalyst Grant for Emerging Tokens on zkEVM Platform

Astar Network, renowned for its Japanese origins and expanding global presence, has unveiled its latest initiative, the TGE Catalyst Grant in stablecoins. This strategic move aims to revolutionize the pre-token generation event (TGE) phase for budding projects on the Astar zkEVM platform, providing an extensive support framework to navigate the complexities of blockchain development.

The TGE Catalyst Grant is fortified by key partnerships with prominent centralized exchanges (CEXs) such as HTX, Gate.io, Bitget, MEXC, and Poloniex, ensuring seamless listing processes and immediate market traction for participating projects. This groundbreaking grant encompasses a listing acceleration package, encompassing an array of services to facilitate the smooth launch and listing of tokens.

Notably, it includes financial assistance for marketing endeavors on CEXs, covering a portion of listing fees, promotional initiatives, and tailored advertising campaigns to enhance visibility and traction during the critical TGE phase. Moreover, the Astar Foundation pledges to share its expertise on token liquidity, drawing from its extensive experience in TGEs to provide valuable insights into market maker communication and supply strategy, fostering a stable market presence from inception.

Breaking Ground in Web3

Furthermore, projects can leverage the Foundation’s network to expedite structured audits, ensuring robustness and security. Grant recipients gain access to the SAMURAI Council, an all-encompassing marketing framework connecting projects with influential Key Opinion Leaders (KOLs) and the Degens community. Community acquisition strategies, orchestrated by the council, aim to bolster engagement and attract followers within the Astar ecosystem, harnessing the vast networks and influence of KOLs to amplify project messages and reach a broad, relevant audience.

The SAMURAI Council facilitates direct community engagement through live sessions, workshops, and Q&A events, nurturing a supportive and dynamic environment for each project. By synergizing comprehensive services and strategic marketing efforts at the token launch stage, the Astar Foundation not only fosters the adoption of new protocols but also ensures the resilience and expansion of tokens within a flourishing ecosystem.

Astar Network stands as the gateway for enterprises, entertainment, and gaming projects to penetrate the Japanese and global markets, driving Web3 adoption to millions with an ecosystem powered by Polkadot and Polygon. Astar zkEVM represents a cutting-edge Layer 2 solution, leveraging zero-knowledge (ZK) technology to scale the Web3 experience on Ethereum seamlessly.

By integrating an EVM equivalent environment into their protocol, Astar Network ensures seamless compatibility with existing smart contracts, developer tools, and wallets on Ethereum, marking a significant advancement in blockchain interoperability. To apply for the newly introduced grant and embark on a transformative journey within the Web3 space, interested parties can access the application form here.