xHashtag partners with GateChain to introduce Web3 identities using on-chain credentials. xHashtag received a grant from GateChain, a next-gen public blockchain that focuses on on-chain asset safety and decentralized trading of assets.
The grant will be used to introduce no-code development tools and on-chain reputation identity infrastructure on GateChain. It is to ensure a streamlined and secure experience for users of the GateChain ecosystem. Likewise also helps project owners reduce costs and increase efficiencies by promoting a faster go-to-market approach. The grant will also fund marketing that will encourage users to use xHashtag dApp on GateChain.
The no-code web3 development tools slated to be deployed include Liquid Staking Vault Creator. It requires no coding skills from the user’s end and can be used to create a liquid staking vault for any new or existing ERC-20 token. It also allows project owners to create and manage their token’s microeconomy using advanced token lockup strategies.
Furthermore, xHashtag’s on-chain reputation identity infrastructure introduces trust in a trustless environment by enabling Sybil resistance in DAO voting. It allows projects to select, vet, and allocate incentivization budgets to project participants based on their on-chain reputation earned from interacting with the project. It is also non-transferable SBT credentials that help create an aggregated online identity for individuals.
ABOUT xHashtags
xHashtag DAO is a 360° Web3 Growth Automation Suite that focuses on the sustainable overall growth of Web3 projects including community, liquidity, and treasury. xHashtag will provide a fair and equitable platform for everyone to partake in the project’s launch by starting with a low supply and creating immediate utility via single asset staking with high APY.
ABOUT GateChain
GateChain is a next-generation public blockchain, focused on on-chain asset safety and decentralized trading. With a uniquely designed Vault Account, primed for handling abnormal transactions, GateChain presents an extraordinary clearing mechanism, tackling the challenges of asset theft and private key loss.
RESOURCES
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