Scaleswap Partners With Harmony to Support the Growth and Development of the Harmony Ecosystem
It is with great pleasure that we announce Scaleswap, the decentralized multi-chain launchpad and accelerator, has partnered with Harmony to support the growth and development of the Harmony ecosystem.
Scaleswap was also awarded a very generous grant of $200,000 USD to support the initiative. The grant was awarded under the Harmony ‘ports’ category, which provides funding for hand-picked projects that have demonstrated remarkable promise, product-market fit, and a sincere dedication to enhancing the Harmony ecosystem.
Our development team has been hard at work since the strategic partnership with Harmony was formed. Today, we’re very proud to announce that Scaleswap is now ported and fully integrated with the Harmony mainnet! This includes technical integration with ScaleSCORE, our unique loyalty scoring system that determines who is selected to participate in exclusive fundraising rounds on our platform.
What Does Scaleswap Bring to the Harmony Ecosystem?
Our mission is ambitious but clear: To become the premier and most trusted launchpad and accelerator in the Harmony ecosystem.
To those in the Harmony community new to the launchpad concept, Scaleswap provides fair access to exclusive early-stage IDO (initial dex offering) opportunities, empowering the average DeFi user with the ability to acquire highly-anticipated tokens before they hit the market, while simultaneously giving innovative projects the tools and guidance to crowdsource funding, strengthen their community, and launch to the market in a successful and sustainable manner.
Since its inception in 2020, the IDO space has unfortunately been riddled with unsustainable motives, non-transparency, exploitation of community members, and pure luck-based lottery mechanisms. Being able to obtain guaranteed participation in these offerings is strongly budget-driven with one basic principle: The more of the native token you hold/stake, the more rights you have.
This is simply not fair to the average community member. The DeFi and blockchain space is driven and backed by a highly diverse and passionate crowd, among which a small number of people have a large enough budget to benefit from existing IDO platforms.
Scaleswap is the first launchpad truly dedicated to fairness, transparency, and a long-term vision to transform the IDO sector into a more sustainable, market-independent, and community-driven launch strategy.
The $200,000 grant paves the way for Scaleswap to expand its IDO and INO platforms, proprietary ScaleScore system, and DeFi 2.0 principals to Harmony — helping to enrich the Harmony ecosystem with the newest, brightest, and most innovative startups. We’re already in discussions with a number of projects about launching on Harmony and we hope to deliver more news on that front soon!
“We’re proud to work together with the Harmony team,” said Ralf P. Gerteis, CEO of Scaleswap. “Our selection and vetting process is unparalleled and we are firm in our belief that long-term quality and substance will always prevail over hype. We know that Harmony shares these same values and we couldn’t be more excited to contribute to the further growth of the Harmony ecosystem.”
Why Are We So Excited About Harmony?
Harmony is making a big name for itself as an open platform for assets, collectibles, identity, and governance — running Ethereum applications with 2-second transaction finality and 1000 times lower fees.
As a scalable, fast, and cost-effective EVM compatible chain, with a burgeoning community and ecosystem, Harmony is attracting new teams, developers, and dApps at an increasing pace. All of which is highlighted by a recent and impressive surge in its DeFi, NFT, and GameFi ecosystems.
In fact, DeFi Lama reports that Harmony recently crossed the 1 billion total value locked metric (TVL), establishing a 10x increase from just 5 months ago.
Here at Scaleswap, we believe Harmony is just getting started, and has the necessary foundation, tremendous leadership, and strong community in place for this spectacular ascent to continue.
We are excited to introduce the Scaleswap community to the Harmony ecosystem, and honored to welcome the Harmony community to Scaleswap — where we do things a bit differently than other launchpads 😉
In Closing
We want to give a special thanks to everyone that supported us through the Harmony grant proposal process. We are very proud to be working alongside the Harmony team and its amazing community. We look forward to providing Harmony users with the ultimate launchpad platform and experience!
Do you work with a project that is interested in building and launching on Harmony? Or, are you just inspired by the potential of a launchpad that serves and empowers everyone, everywhere?
Then Join Scaleswap today!
About Harmony
Build on Harmony, Bridge to All Chains.
Harmony is an open and fast blockchain. Our mainnet runs Ethereum applications with 2-second transaction finality and 100 times lower fees.
Harmony is your open platform for assets, collectibles, identity, governance. Our secure bridges offer cross-chain asset transfers with Ethereum, Binance and 3 other chains.
We ❤️ Developers.
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