Blockchain
Acclar launches $60 million startup environmental program
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1 month agoon

the Proof of Stake (PoS) On December 19, blockchain Axelar launched a $60 million startup funding program dedicated to accelerating the development of decentralized applications and protocols that can replace centralized exchanges. The initiative is backed by more than 15 blockchain investors.
Dubbed the Axelar Ecosystem Startup Funding Program, the initiative is designed to promote the development of Web3 applications that address global issues that cannot be solved by a centralized Internet. To qualify for funding, projects must also protect digital sovereignty, security and privacy, and work to easily accommodate audiences without undue friction between specific blockchains or tokens, the company noted.
Sergei Gorbunov, co-founder and CEO of Axelar, told Cointelegraph about the development:
“2021-2022 saw an unprecedented influx of new developers into Web3. In 2023, we expect to see less quantity, but more quality. For those with the conviction and ability to build truly unauthorized systems, the collapse of FTX only fuels design. The best Web3 developers are no longer content to cede onramps to entities running “blockchain” services that run on a database. They are more committed than ever to solving problems of digital sovereignty, privacy and access that the central web can’t solve – and delivering those solutions on the infrastructure. That can be on board the blocks, seamlessly.”
Funding is linked to the Acclar Grants Program, which launched in 2022 and has provided grants to more than 50 projects, of which around 33% have managed to raise seed or seed funding. “Variables such as market conditions may affect deal flow, but the Acclar Ecosystem Funding Program aims to accelerate the rate of funding for projects in the Acclar ecosystem — whether they are in the grant program or not — in 2023,” Gorbunov noted.
Related: Security and Interoperability, Challenges Preceding Web3 Mass Adoption
The program is backed by a group of blockchain investors, including Blockchange, Chorus One, Collab + Currency, Cygni, dao5, DCVC, Divergence Ventures, Dragonfly Capital, Lemniscap, Morningstar Ventures, Nima Capital, Node Capital, North Island Ventures, and Rockaway Blockchain. Crate and SCB 10X.
The program aims to create a connection between investors and developers to build cross-chain dApps. Development partners include Arbitrum, Circle, Osmosis, and Polygon.
Published on By join us cable A channel to stay up to date on breaking news coverage The Bancor price prediction shows that BNT is crossing the 9-day and 21-day moving averages while the coin is taking off to the upside. Key levels: Resistance levels: $300, $310, $320 Support levels: $130, $120, $110 BNT / USD It is currently trading at $0.345 after touching a daily high of $0.490, and is likely to return above the 9-day and 21-day moving averages. However, in case the buyers can push the price above the $0.50 resistance level, then the daily candlestick may close above this level, and the price may rise towards the upper boundary of the channel. According to the daily chart, the Bancor price It is moving near the $0.40 resistance level as the coin is preparing for additional gains. The technical indicator’s RSI (14) is also moving to cross above the 50 level, where the signal line is pointing up to signal a buy signal. However, if buyers are able to push the price and hold it above the 9-day and 21-day moving averages, Bancor price could rise towards the upper boundary of the channel to reach the potential resistance levels at $0.50, $0.55, and $0.60. While crossing below the lower border of the channel, it could lift the currency to the support levels at $0.25, $0.20, and $0.15, respectively. Against Bitcoin, Bancor is following a bullish rally, and it could swing higher to cross above the upper boundary of the channel that could identify the resistance at 2400 SAT and above. On the other hand, if the market price crosses the lower boundary of the channel, it may reach the support level of 1800 SAT and below. However, the technical indicator’s RSI (14) is currently moving to cross above the 50 level as the signal line is pointing north to confirm the upward move. Moreover, any further upward movement may create additional gains above the channel. But, Dash 2 Trading It gives you the ability to improve your trading and scalping profits with effective crypto trading recommendations, automated trading, and analytics features. There is a D2T token pre-sale going on and time is running out. The launch of the pre-sale dashboard is coming soon as the product developer is ahead of schedule. To date, the prequel has raised nearly $12 million. Dash 2 Tadawul – High Potential Pre-Selling
join us cable A channel to stay up to date on breaking news coverage join us cable A channel to stay up to date on breaking news coverage Since the coin starts the upward movement towards the upside, the dYdX price forecast is likely to move steadily inside the channel. Key levels: Resistance levels: $2.00, $2.20, $2.40 Support levels: $0.50, $0.30, $0.10 DYDX/USD is likely to cross above the 9-day and 21-day moving averages as the currency begins its upward movement. in the past few days, dYdX price Struggles to cross over to the positive side. According to the daily chart, the RSI (14) technical indicator moved to cross above the 40 level, confirming the bullish movement of the currency. the dYdX price It is currently moving north. If the currency continues its upward movement, the bulls may cross above the 9-day and 21-day moving averages, which could reach the resistance levels at $2.00, $2.20, and $2.40. At the time of writing, DYDX/USD is showing a slight bullish movement on the daily chart. Conversely, if the coin slips below the lower boundary of the channel, it may bring the coin back to the $0.50, $0.30, and $0.10 support levels, respectively. Meanwhile, long-term buyers should not be alarmed by the small impact down the road, as the future of DYDX is assured as evidenced by the technical indicator’s RSI (14). Against Bitcoin, dYdX price is hovering below its 9-day and 21-day moving averages as the coin is poised for an upward move. The technical indicator’s RSI (14) also confirms the upward movement as the signal line encounters the 40 level. On the contrary, a potential downside move could emerge if the market price crosses below the lower boundary of the channel, which could reach the support level 200 SAT and below. Meanwhile, any further bullish move above the moving averages could push the coin to the 1200 SAT resistance level and above, and this could take the coin to a new high, and the market could remain in the bullish zone. But, Dash 2 Trading It gives you the ability to improve your trading and scalping profits with effective crypto trading recommendations, automated trading, and analytics features. There is a D2T token pre-sale going on and time is running out. The launch of the pre-sale dashboard is coming soon as the product developer is ahead of schedule. To date, the prequel has raised nearly $12 million. Dash 2 Tadawul – High Potential Pre-Selling
join us cable A channel to stay up to date on breaking news coverage Published on By SEC Head Gensler Discusses Crypto Regulation After FTX Collapse – Says This Field Is ‘Bigly Incompatible’ – Bitcoin News Regulatory Oryen Network is the new face of DeFi, with Pancakeswap and 1 inch showing that sustainable yield is possible. Analysis – Jail fueled Lula’s determination to tackle poverty over profit. By Reuters Jules to enter management after failing to secure new funding China will use the cuts at the appropriate time to keep liquidity ample, Reuters reported, citing state media What does the midterm elections mean for today’s trading: live analysis France to release €5 billion in SDRs for countries at risk under G20 programme. By Reuters European stocks drop as central banks point to more challenges for 2023
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