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.
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.
