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BTC Name Grant Program by Velar Simplifies Digital Identity in Stacks Ecosystem

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by Giorgi Kostiuk

8 months ago

Recently, Velar's decentralized Bitcoin exchange protocol announced the launch of the BTC Name Grant Program aimed at advancing digital identity standardization on the Stacks platform.

Launch of the BTC Name Grant Program

Velar, in collaboration with numerous partners including Stacks, Ryder, and Arkadiko, is launching a program allowing the purchase of .BTC names through platforms like BNS ONE and BNS.Market with STX reimbursements.

Support from the Stacks Community

Community initiatives like 'Return to .BTC' receive support from various Stacks ecosystem participants. Philip de Smedt and Snazzy from BNS One emphasize the importance of joint efforts for promoting the .BTC identification standard.

The Stacks community is rediscovering a shared identity starting with Megapont Apes and continuing with .BTC.Philip de Smedt

Innovation and Participant Support

The ALEX Lab Foundation and other partners highly appreciate the significance of the initiative, expressing support for combined efforts to strengthen Bitcoin technologies within the Stacks ecosystem.

The BTC Name Grant Program promotes the integration and accessibility of the Stacks ecosystem, providing new opportunities for users through the implementation of the .BTC standard.

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