Boosty Labs and IOST, a Growth Partnership for Developer Community and Incubation Program

Zhen
IOST
Published in
3 min readMar 29, 2023

We are pleased to partner with Boosty Labs, a world-class blockchain and fintech team, to help grow IOST’s engineering community. The partnership will focus on expanding the ecosystem by inviting JavaScript engineers to develop services on the IOST blockchain and create value for both engineers and users.

IOST blockchain requires only a small deposit to send transactions (so-called gas fees), greatly improving developer and user convenience. The smart contract supports JavaScript and is easily updated when modifying the contract you have written on the chain with a contract ownership control feature. It is dramatically easy for developers to handle simple bugs and adjustments. By joining forces with Boosty Labs, IOST Labs aims to attract more developers to its blockchain and expand its offerings to users.

Boosty Labs is a world-class blockchain and fintech team with over 10 years of experience in consulting, development, and design. With over 150 employees worldwide, Boosty Labs has already implemented over 200 projects for top players in the crypto industry, including Ledger, Consensys, Celsius Network, Storj Labs, Bloom Protocol, NEM, Elixir, and NEAR Protocol.

Through this partnership, IOST Labs and Boosty Labs shall expand the ecosystem and foster sustainable growth. By collaborating with the developer community and incubation programs, the partnership will accelerate the growth of the IOST ecosystem and offer more opportunities for developers to build and innovate on the blockchain.

Viktor expressed that this partnership with IOST is critical for the Web3 ecosystem’s growth as it requires scaling, and the IOST blockchain facilitates this by providing developers with simplified access.

“Our partnership with IOST is a strategic move for Boosty Labs to expand our reach in the blockchain industry and contribute to the growth of the IOST ecosystem. We look forward to our collaboration and believe that by working together, we can help shape the future of the crypto industry and unlock new opportunities for innovation and growth.”

Viktor Ihnatiuk, the founder and CEO of Boosty Labs

“I am excited about the potential this partnership holds for driving innovation and development within our ecosystem. Our incubation program will provide developers mentorship, technical resources, and funding to help them bring their ideas to life on the IOST blockchain.

By working closely with Boosty Labs, we aim to foster growth and innovation within the IOST community and continue pushing the boundaries of what is possible with blockchain technology.”

Blake Jeong, Co-CEO of IOST

About Boosty Lab

Founded in 2017 by young Ukrainian entrepreneur Viktor Ihnatiuk, Boosty Labs is one of the largest companies in the world specializing in blockchain technology development outsourcing, systems integration, automation of technical and business processes for companies, and IT consulting.

About IOST Labs

At IOST Labs, we help build the future of blockchain by identifying, investing in, and empowering the most promising entrepreneurs, startups, and communities in the industry. Our mission is to take part in the growth of the blockchain ecosystem by financing outstanding projects that will redefine the decentralized web.

With a solid commitment to boosting innovation, we support the dynamic technical teams dedicated to making a positive impact in the crypto space. Join us in our journey to transform the world of decentralized technology and lay the foundations for a truly interconnected digital age.

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Zhen
IOST
Editor for

Senior Community manager, editor, and translator at IOST.