Hong Kong-based CoinEx Chain Foundation announced on Thursday the launch of its new support program. According to the foundation, the program was designed to support more institutions and individuals to participate in the creation of CoinEx Chain’s ecosystem.
“Every quarter, the Foundation will commit up to three million CET in total to help qualified applicants focus on product research and development (R&D), community construction and content publicity. Any node, institution and individual can apply for the grants to implement their initiatives to contribute to the CoinEx Chain ecosystem.”
While sharing more details about the program, Haipo Yang, Founder and CEO of CoinEx, explained:
“This program demonstrates our commitment to building a supportive ecosystem and nurturing a sense of community. I’m glad that we have a way to support some best ideas and accelerate long-lasting meaningful impact on the CoinEx Chain.”
Hugh Tian, Co-founder of AntPool, a cryptocurrency mining platform run by Bitmain that has joined the CoinEx Chain network, further noted:
“I believe this Support Program will unleash the power and potential of the parties in this industry. We are thrilled to be part of this to prosper the development of CoinEx Chain’s whole ecosystem.”
The Foundation went on to add that it also released a roadmap for the development of CoinEx Chain during the year of 2020. The blockchain explorer and official wallet services will be open-sourced, and the cross-chain protocol will be supported during the first and second quarters.