Partnered With:

Ontology sets up a special fund of 10 million US dollars for EVM, and sincerely invites developers to bring DID to Web3 and Metaverse

Read this article in 11 Minutes

Projects participating in the fund plan will also receive comprehensive technical, market and business support from Ontology.

Original source: Ontology

On March 1, Ontology officially announced the Ontology chain platform Has completed the integration of Ethereum Virtual Machine (EVM), becoming the public chain platform that supports the largest number of virtual machines. At the same time, the $10 million EVM fund was simultaneously launched for global developers, and will continue to empower the Ontology blockchain platform, global developers and even the entire Web3 ecosystem.

The $10 million special fund will be used to support developers to build Web3 based on Ontology platform Decentralized applications related to the Metaverse. Projects participating in the fund plan will also receive comprehensive technical, market and business support from Ontology, and even further support these ecological projects in the form of investment incubation.

At the same time, Ontology will also provide the following special support:

ONT ID Deployment: The leading DID solution with more than 1.5 million users has been integrated by many well-known companies and projects, and the experience of multiple mature implementation cases can be used for reference;

;

ONTO Integration: Web3 portal application client, currently has more than 800,000 user bases, provides 5 languages, nearly 600 dApps, and nearly 2,000 digital assets Support;

Multilingual global media and community resources: Ontology covers nearly 30 languages and dozens of The platform's global official media matrix exposure boost and vertical community of millions of users. At the same time, Ontology community contributors all over the world will also assist in project promotion.

Professional Guidance: Personal guidance from top industry experts, scholars and technical personnel.

In this fund plan, developers can choose "Jupiter" according to the corresponding requirements and resource matching , "Saturn", "Venus" and "Mars" named various plans, details can be locked in the chart below:

< p>

We also provide comprehensive support for the development teams in the start-up stage, and can participate in the "Mercury" bug bounty program and the "Moon" hackathon.

The number of recruits for each plan is limited, and the relevant budget details can be viewed in the chart below.

It is worth mentioning that this EVM integration has achieved the following goals , laying a solid foundation for developers to use the Ontology platform:

The basic functions of the Ontology chain are even more powerful

Ontology has implemented NeoVM, WasmVM and EVM support. It is a public chain platform that supports the most virtual machines in the world. Suitable deployment environment, the level of interoperability on the chain reaches the forefront of the industry.

On the other hand, the Ontology chain will fully add the Ethereum account system, Ethereum transaction types, and Web3 API, which means that Ontology’s native digital assets do not require additional development. It can be sent directly to EVM for circulation on dApp, realizing the seamless connection and deep integration of Ontology and Ethereum ecology.

Multiple leading advantages empower developers

< p>Integrating the EVM is of great benefit to developers. Developers can smoothly migrate applications deployed in Ethereum or other EVM ecosystems to the Ontology chain at a lower cost without wasting extra time and effort. Because Ontology EVM uses ONG as the on-chain transaction fee, each on-chain interaction only consumes 0.05 ONG. After the migration is completed, developers can enjoy lower transaction fees and faster block generation speed, and the overall operating efficiency can be greatly improved. Amplitude increased.

Smooth access to the decentralized identity system

Under the background of Web3, as users Entering the next generation of Internet, the importance of decentralized identity solutions and privacy protection technologies for network security has become increasingly prominent. Ontology has been cultivating decentralized digital identity technology since its inception, so after integrating EVM, Ethereum application developers can also directly use Ontology to Centralized identity and data protocols quickly build applications and achieve breakthrough innovations.

Millions of user traffic reach and conversion

After this integration, based on the ontology chain Developers who carry out technical construction can directly use the Web3 portal application client ONTO which already has 800,000 global users as the application portal, and Effective connection in Web3 network environment. Also able to use The number of users exceeds 1.5 million ONT ID as the account system of the application, providing its users with a safe and reliable The identity service fully protects privacy and security.

Our goal is the stars and seas in the Metaverse. We welcome development teams interested in the EVM Fund to join us. a href="https://buidl.ont.io/">Ontology Community Forum Submit dApp-related applications. If you have any questions, please contact contact@ont.io or join the Ontology official Chinese community @OntologyNetworkCN.

We look forward to it and look forward to working with more developers to go to the vast galaxy!

References