Aelf, a leading layer-1 blockchain network, has announced the opening of its new global hub in Singapore. This expansion is part of aelf’s ambitious strategy to support the growing developer ecosystem in the Asia-Pacific (APAC) region and beyond.
Aelf’s Strategic Location For A Strategic Move
Aelf, a prominent layer-1 blockchain platform, has unveiled its brand-new global center in Singapore, aimed at boosting the growth of the developer community in the Asia-Pacific region.
This strategic expansion highlights aelf’s dedication to enhancing both Web2 and Web3 developers. To this end, aelf has initiated an innovative program that provides up to $150,000 in grants for each Web2 gaming studio making the leap to Web3. Alongside this, the company has founded aelf Ventures, backed by a $50 million ecosystem fund, and is in the process of setting up a progressive, decentralized autonomous organization.
Located in Singapore’s financial hub, aelf’s new center aims to fast-track APAC developer growth and bring key blockchain partnerships. The office will be a focal point for launching various innovative initiatives:
Source: Blockchain Reporter