Astar Network, a Japanese Web3 infrastructure platform, has announced the launch of the TGE Catalyst Grant in stablecoins.
The initiative is meant to enhance the pre-token generation event (TGE) phase for emerging tokens on the Astar zkEVM platform, setting new standards for token launches within the Ethereum (ETH) Layer-2 ecosystem.
What does the TGE Catalyst Grant entail?
The TGE Catalyst Grant is supported by strategic partnerships with leading centralized exchanges (CEXs) such as HTX, Gate.io, Bitget, MEXC, and Poloniex.
Picks for you
These collaborations will streamline the listing process, ensuring immediate market traction for nascent projects.
This grant entails a listing acceleration package, offering various services to facilitate the launch and listing of new tokens.
It also provides financial support for marketing initiatives on CEXs, covering a chunk of listing fees as well as promotional activity expenses to enhance visibility and traction during the crucial TGE phase.
Furthermore, the Astar Foundation will provide crucial advice on market maker communication and supply strategy, ensuring a stable market presence from the outset.
The foundation can also connect projects with audit partners to facilitate fast-tracked audits and ensure technological robustness and security.
The SAMURAI Council
Grant recipients gain access to the SAMURAI Council, a comprehensive marketing framework connecting projects with influential Key Opinion Leaders (KOLs) and the Degens community.
The council implements community acquisition strategies to foster engagement within the Astar ecosystem, leveraging the extensive networks and influence of KOLs to reach a wide and relevant audience.
The SAMURAI Council also facilitates direct engagement with the community through live sessions, workshops, and Q&A events, creating a supportive and vibrant environment.
By effectively marketing and packaging these comprehensive services, the Astar Foundation not only promotes the adoption of new protocols but also ensures the stability and growth of tokens within a thriving ecosystem.
