The initiative will catalyze ecosystem growth with more than $100,000 in initial funding.
Dortmund, May 15 – MultiversX Foundation is excited to support the launch of a community accelerator program, "xAlliance." Designed to accelerate ecosystem growth and empower individuals and projects within the MultiversX community, the initiative will provide resources and opportunities for individuals and projects to thrive within the MultiversX ecosystem.
Through an endowment of over $100,000, xAlliance will offer grants and bounties to incentivize contributions, reward innovation, and support a wide range of activities, from product development and content creation to events.
"There is immense potential for xAlliance to broaden the ecosystem, solidify the commitment of current community members and incentivize a new wave of active contributors to join in" remarked Beniamin Mincu, co-founder and CEO of MultiversX. "By increasing the emphasis on community-driven initiatives, we aim to accelerate the already rapid pace of expansion within the MultiversX ecosystem."
Founded as a grassroots organization, xAlliance will be shaped by the community itself, with members contributing to and leading its initiatives. xAlliance’s mission is to create an environment for builders to experiment and innovate.
"xAlliance is about more than just supporting projects within the ecosystem; it's about bringing in new talent.”, said xAlliance Lead Lukas Seel. “We want to attract the brightest minds in Web3 and beyond to explore the opportunities that MultiversX offers to builders and creators.”
With the launch of xAlliance, the MultiversX Foundation renews its deep commitment to fostering a culture of innovation and collaboration to empower the next generation of builders. To complement the efforts of the initiative, MultiversX Foundation will also roll out its ambassador program over the coming weeks, providing community members with additional tools and resources to become advocates for MultiversX and grow into leaders. Through strategic partnerships, community initiatives, and targeted activations, xAlliance aims to unlock the full potential of the MultiversX ecosystem and drive positive change in the blockchain industry and beyond.
For more information about xAlliance and how to get involved, visit www.xalliance.io
About MultiversX
MultiversX is a highly scalable public blockchain via sharding, decentralized through 3200 validator nodes, built to solve the three fundamental problems critical for widespread, global adoption: transition from dial-up to broadband, significant UX paradigm shift, and simplicity of self-custody.
About xAlliance
xAlliance spearheads community growth on MultiversX, fostering a dynamic environment to discover, develop, and deploy exceptional talents in the Web3 ecosystem and beyond by empowering projects and individuals through community grants, earning opportunities, and impactful initiatives.
Contact information
Lukas Seel
+1 917 561 9272