Latest news about Bitcoin and all cryptocurrencies. Your daily crypto news habit.
Matic to release a âLarge Scale Developer Initiativesâ program to strengthen mainnet adoption.
Blockchain scalability solution, Matic, released news of a âLarge Scale Developer Initiativesâ program on July 8. The program is meant to incentivize mainnet adoption, in partnership with Gitcoin.
According to the announcement, the company aims to cater to DApp developers from project inception to fully-fledged and operational stages. They also want to create an ecosystem of developers and DApps to build on the Matic Network.
Campaigns include a Build-n-Earn feature, which aims to provide a monthly recurring incentive to bootstrap developersâ teams, and the Matic Layer 2 Security Hackathon. This hackathon expects to attract protocol developers who can improve the projectâs Layer 2 Security. Participants will compete for bounties of $50,000 and above.
Incentivize adoption among Indian developers
Devfolioâs Month-long Hackathons program targets developers in India. T-Block Accelerators also expect to provide Indian blockchain startups with support and tools for business development.
Matic went in-depth into the initiative details:
âOrganized by Tech Mahindra and the Telangana government, the initiative will further the Telangana governmentâs mission to make Telangana the âBlockchain Capital of the Worldâ. Matic, along with Harmony, will be providing T-Block startups with support and the infrastructure required to build DApps with the performance required to facilitate mass adoption.â
Over 60 DApps supported
Matic will provide their global ecosystem to over 60 DApps and enable them to handle a large volume of users.
Matic claims that theyâre preparing to launch another developer-focused initiative, but the network gave no specific date.
The much-delayed blockchain role-playing game, Neon District, will be launching on Ethereum layer-two scaling solution Matic, according to an announcement made on July 7.
Neon District developer, Blockade Games will also move several of its community games onto the network. The company has been coming âsoonâ since October 2019, when its imminent launch was delayed by six months.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.