Share this article
Blocto, a cross-chain wallet and multi-chain Web3 realm, has announced a $1 million accelerator program. The initiative will simplify wallet creation on the Polygon protocols, following the company’s enhanced efforts towards account abstraction (AA) capabilities.
This announcement trails the recent EthCC event where Blocto introduced its AA-compatible wallet designed to foster easier interaction and engagement with digital assets, aiming to onboard the next wave of users onto the Web3 platform.
Focused exclusively on projects developing on Polygon, the three-month program offers builder incentives of up to $1 million. Selected projects will also have access to a variety of resources such as developer tooling, and marketing and operational support, alongside Blocto’s extensive user base and developer relations teams.
“As one of the most well-recognised, leading blockchain ecosystems that has been bridging the worlds of Web2 and Web3, Blocto’s integration with the Polygon protocols and engagement with the Polygon ecosystem will create user-friendly and secure portals for frictionless onboarding experiences,” Hsuan Lee, Co-founder and CEO, Blocto, stated in excitement for the program.
For new entrants on the Polygon platform, access to Polygon Village, the blockchain’s namesake ecosystem program, will be provided. This offers an encouraging platform for aspiring projects to tap into the potential of the blockchain.
The grant also facilitates a seamless onboarding experience for DApp developers, with Blocto’s SDK significantly boosting the chances of successful onboarding funnel conversions. The management of transaction fees is made simpler through its universal gas fee solution, Blocto Points, or through ERC-20 tokens.
Hamzah Khan, Director of Growth at Polygon Labs, stated:
“Blocto’s cross-chain wallet application on Polygon provides dApp builders and projects building on the Polygon ecosystem with seamless access to blockchain wallets by bringing user experience to the forefront.”
Since its Series A round in February 2023, Blocto has marked impressive growth, accumulating over 100 integrated ecosystem partners, attracting over 1.6 million active users, and seeing its company valuation soar to $80 million.
As one of the most well-recognised, leading blockchain ecosystems that has been bridging the worlds of Web2 and Web3, Blocto’s integration with the Polygon protocols and engagement with the Polygon ecosystem will create user-friendly and secure portals for frictionless onboarding experiences.
Share this article
The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.
You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.
See full terms and conditions.