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Market News

Astar Network Launches Catalyst Grant for Tokens on zkEVM

Written By:
Dishita Malvania

Last updated: May 8, 2024 12:06 PM
Published 2024-05-07
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Astar Network Launches Catalyst Grant for Tokens on zkEVM

Astar Network, renowned for its Japanese origins and global expansion, unveils the TGE Catalyst Grant in stablecoins, enhancing the pre-TGE phase for tokens on Astar’s zkEVM platform. This initiative aims to elevate token launches on Ethereum Layer 2 by offering comprehensive support to projects developing blockchain services.

Here’s what makes it so special:

  • Smooth Listing Process: With strong partnerships with top CEXs like HTX, Gate.io, Bitget, MEXC, and Poloniex, getting listed and gaining traction in the market is a breeze.
  • Listing Acceleration Package: Provides financial support for marketing efforts on CEXs, covering a portion of listing fees and creating tailored ad campaigns to boost visibility during the TGE phase.
  • Expert Advice: The experienced team offers guidance on liquidity, market maker communication, and supply strategy to ensure a stable market presence from day one. Plus, it connects with the audit partners for quick and thorough audits to ensure the project’s security.
  • SAMURAI Council: Gets access to a marketing framework that connects users with influential KOLs and the Degens community. They also help users grow their community engagement and followers within the Astar ecosystem, amplifying the project’s message to a wide audience.
  • Direct Community Engagement: The SAMURAI Council hosts live sessions, workshops, and Q&A events to build a supportive and vibrant community around the project.

With these comprehensive services, Astar Foundation not only helps users launch the token but also ensures its stability and growth within its thriving ecosystem. Users can now apply to take their projects to the next level.

As per the press release shared with the Crypto Times, the deadline for applying will be at the end of June.

Also Read: Ethereum Enhances Wallets with EIP-3074 Proposal

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Dishita Malvania - Senior crypto journalist at The Crypto Times
By Dishita Malvania
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Dishita Malvania is a Crypto Journalist with 3 years of experience covering the evolving landscape of blockchain, Web3, AI, finance, and B2B tech. With a background in Computer Science and Digital Media, she blends technical knowledge with sharp editorial insight. Dishita reports on key developments in the crypto world—including Litecoin, WazirX, Solana, Cardano, and broader blockchain trends—alongside interviews with notable figures in the space. Her work has been referenced by top digital media outlets like Entrepreneur.com, The Independent, The Verge, and Metro.co, especially on trending topics like Elon Musk, memecoins, Trump, and notable rug pulls.

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