SKALE Launches A $100 Million USD Value Ecosystem Incentive Program
SKALE, the next generation Ethereum native multi-chain network, has launched a $100 million USD ecosystem incentive program with the objective of quickly accelerating the integration of high quality apps and projects onto the network.
Given the tremendous growth potential and consistency with market need, NODE will begin off the initiative with a $5M USD value in incentives to Blockchain Gaming, Play to Earn (P2E), and Metaverse creators and companies.
SKALE MP, as it’s been nicknamed, would provide funding to producers of P2E games picked by a selection committee of industry professionals in the near future.
This initiative will coincide with the release of SKALE V2, which will contain a slew of gaming-optimized features such as fast game mode, Chain-to-Chain transfer, NFT Marketplaces, and more.
Jack O’Holleran, co-founder SKALE, said:
“SKALE is uniquely positioned to help blockchain games optimize their user experience. Whether it’s zero fee/gasless transactions, fast finality or knowing that they are part of a larger universe of interconnected and interactive blockchains, developers become a part of the SKALEverse of blockchains.”
The grant program will be funded by the platform DAO, NODE Anstalt, a subsidiary of the Network of Decentralized Economics in Liechtenstein, and other supporter businesses, and will consist of grants provided in multiple cryptocurrencies and fiat.
The funding will be distributed to initiatives that meet a range of criteria targeted at improving and expanding the network through a bigger ecosystem fund. More information on the platform ecosystem process will be available soon.
When the program begins in March, a decentralized committee will be formed to help allocate funding, advise, and support the program’s goals.
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