Klaytn

<p>The Klaytn Foundation, South Korean conglomerate Kakao’s Layer 1 public blockchain, <a href="https://www.newsis.com/view/?id&#61;NISX20231113_0002518686&amp;cID&#61;10406&amp;pID&#61;13100" rel="noopener noreferrer nofollow">announced</a> on Monday (local time) that it has been selected to be one of the official partners of CoinMarketCap Labs (CMC Labs), a Web3 startup accelerator program operated by the crypto information platform CoinMarketCap.</p><h2 id="header-0">Empowering builders</h2><p>The CMC Labs program offers builders an array of benefits that serve to promote their projects, boost discoverability, communicate with users, and more. This includes the “Learn and Earn” campaign, where startup owners can attract users through a system that distributes token rewards after engaging in educational content. The Airdrop Campaign, on the other hand, helps participants keep up to date on a startup project’s important developments, such as price movements. Startups can also promote their projects through a long-form article or YouTube video published on the CMC Deep Dive platform.</p><h2 id="header-1">Fostering the growth of dApps</h2><p>CoinMarketCap, in turn, has agreed to be a partner in the Ignite On Klaytn (IOK) Program — a program run by the Klaytn Foundation to support promising developers both in Korea and abroad in their endeavors to bring their decentralized apps (dApps) to the Web3 market, thus cultivating the Klaytn ecosystem. Developers stand to benefit because they can concentrate their efforts on product development, while the program provides support for other crucial aspects like wallets, API nodes and development outsourcing.</p><p>Through this latest collaboration with CoinMarketCap, the Klaytn Foundation plans to assist various projects in their entry into the global market. It also aims to play a bridging role, enabling more projects within the Klaytn ecosystem to participate in the CMC Labs program.</p><p>“We are looking forward to the mutual participation of Klaytn Foundation and CoinMarketCap in our respective programs, which is expected to provide momentum to Klaytn’s ongoing efforts to expand its reach into Asia and global markets,” explained Seo Sang-min, Representative Director at the Klaytn Foundation.</p>

Klaytn Foundation partners with CoinMarketCap to support Web3 startups and developers

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