Safe Foundation and World Foundation strengthen economic alignment through 5-Year Token Swap
The Safe Foundation and World Foundation are doubling down on their shared imaginative and prescient with a five-year token swap – a long-term dedication that indicators deep collaboration to advance usable self-custody at scale. This inaugural partnership in our 5M SAFE Ecosystem Alignment Program makes use of SAFE and WLD tokens to create bilateral economic publicity, positioning each ecosystems to speed up safe and straightforward self-custody adoption.
Safe Foundation launches Ecosystem Alignment Program, allocating as much as 5M SAFE to scale infrastructure
The Safe Foundation is committing as much as 5,000,000 SAFE to speed up the infrastructure powering safe and straightforward self-custody throughout the onchain economic system. Through multi-year token swaps, the Safe Foundation is creating real, bilateral economic publicity with ecosystem leaders.
The program operates through standardized, non-exclusive agreements designed to foster open collaboration, not closed ecosystems. As self-custody infrastructure matures from experimental to important, the Safe Foundation ensures it’s economically positioned alongside the groups making that transition attainable. This ensures that technical collaboration turns into economically rational, and long-term ecosystem success turns into mutually reinforcing.
A Collective Commitment to Usable Self-Custody at Scale
World has completed extra to onboard folks all over the world to self-custody than anybody else. From the start, World selected to construct on the Safe good account. It continues to allow each consumer to have a safe self-custodial expertise, whereas making use of the flexibleness and composability of the tech stack permitting to summary onboarding and day after day hurdles for customers.
Through this, the World ecosystem has created the main utility throughout Web3, having onboarded greater than 37M people. The use of good accounts has been crucial for simpler onboarding and for enabling the UX of self-custody that may rival that of centralized web2 providers. Ultimately, this provides verified people on World rights and possession over their identification, information and belongings. With their launch of World Chain and ongoing improvement of the area they’re actively bringing and supporting builders which by nature overlaps in the direction of the Safe ecosystem. This consists of grant programs for builders and builders that work together with Safe based mostly World accounts. After earlier collaborations we’re excited to proceed and deepen the alignment between each groups.
World Foundation’s dedication to assist open source requirements and actively contribute to the open supply ecosystem provides one other layer of worth alignment between the Safe venture, together with its DAO enforced public good nature of the Safe good contracts.
About Safe
Safe (beforehand Gnosis Safe) is an onchain asset custody protocol, securing ~$60 Billion in belongings at present. Released as on open-source software program stack by the Safe Ecosystem Foundation, it’s establishing a common ‘good account normal for safe custody of digital belongings, information, and identification. Safe is constructed for the mission to unlock digital possession for everybody in web3, together with DAOs, enterprises, retail, and institutional customers
Website, Twitter, Discord, Blog, GitHub, Docs
About the Safe Ecosystem Foundation, Zug, Switzerland
The mission of the Safe Ecosystem Foundation is to assist the event of Safe, to strengthen Safe know-how and to advertise the Safe Ecosystem. The Safe Ecosystem is a non-profit organisation based mostly in Zug, Switzerland, that helps educate folks about Safe good accounts and promotes Safe know-how through the supply of grants and different types of funding.
Legal Disclaimer
This will not be a suggestion to promote or a solicitation of a suggestion to buy any SAFE tokens and will not be an providing, commercial, solicitation, affirmation, assertion, or any monetary promotion that may be construed as an invite or inducement to interact in any funding exercise or related.
The Safe Ecosystem Foundation makes no representations, warranties and/or covenants with respect to the Safe Technology (or any implementations of the Safe{Wallet} and/or Safe Smart Accounts) or any program (Grants, Hackathons and/or another types of funding) run by the Safe Ecosystem Foundation. You shouldn’t depend on the content material herein for recommendation of any sort, together with authorized, funding, monetary, tax, or different skilled recommendation, and such content material will not be an alternative to recommendation from a certified skilled.
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