A $100M Fund Dedicated to Supporting Projects Building on the Crypto.org EVM Chain
Crypto.org today announced that the most requested Crypto.org chain feature - Ethereum Virtual Machine support - is launching on July 14th. EVM support allows for rapid porting of apps & smart contracts from other EVM-compatible chains like Ethereum, allowing for faster ecosystem build-out. EVM support will be implemented on the Crypto.org EVM Chain.
To further support the Crypto.org ecosystem, blockchain accelerator Particle B has announced the CRO EVM Fund. Particle B will grant up to USD $1M per project to at least 100 projects committing to building applications on Crypto.org Chain. Crypto startup founders are encouraged to apply here.
“EVM support will allow for simple porting of apps from other chains, driving exponential ecosystem growth for Crypto.org, a fully decentralized, open-source, public chain with high speed and extremely low fees” said Kris Marszalek, Co-founder and CEO of Crypto.com “We offer crypto startups three key ingredients: an easy-to-use platform to rapidly launch their projects, access to our rapidly growing, global user base of over 10 million, and up to $1M in funding per project from Particle B.”
Gary Or, founder of Particle B added: “EVM support makes it super easy to launch. Projects can count on us for much more than the initial funding. As a founder and CTO, I have a deep understanding of the ongoing support startups need. We will collaborate closely with our portfolio companies as we connect and build the Crypto.org Chain ecosystem together.”
To apply for funding, please visit here.
Founded in 2016, Crypto.com today serves over 10 million customers with the world’s fastest growing crypto app, along with the Crypto.com Visa Card — the world’s largest crypto card program — the Crypto.com Exchange and Crypto.com DeFi Wallet. Recently launched, Crypto.com NFT is the premier platform for collecting and trading NFTs, carefully curated from the worlds of art, design, entertainment and sports.
Crypto.com is built on a solid foundation of security, privacy and compliance and is the first cryptocurrency company in the world to have ISO/IEC 27701:2019, CCSS Level 3, ISO27001:2013 and PCI:DSS 3.2.1, Level 1 compliance, and independently assessed at Tier 4, the highest level for both NIST Cybersecurity and Privacy Frameworks.
Crypto.com is headquartered in Hong Kong with a 1,000+ strong team. Find out more by visiting https://crypto.com
About Particle B
Particle B is a startup accelerator dedicated to incubating projects built on blockchains, including Bitcoin, Ethereum and the Crypto.com Chain, with a high potential to bring disruptive impact.