Republic has announced a partnership with Incentiv, an EVM-compatible L1 blockchain, aimed at enhancing Web3 participation and increasing user rewards.
Goals and Approach of Incentiv
Republic will leverage its research to provide strategic guidance and support Incentiv's objectives in creating a more inclusive blockchain economy. Incentiv offers a simplified approach to blockchain technology focused on reducing technical barriers and improving stakeholder interactions.
Features of Incentiv L1 Blockchain
Incentiv has implemented several features to simplify onboarding and enhance usability: passkey logins, wallet recovery, bundled transactions, and unified token fee payments. Additionally, the Incentiv+ Engine creates a unified reward pool that allocates rewards to all participants based on their participation.
Successes in Preparing for Mainnet Launch
Incentiv has already onboarded over 1.3 million wallets ahead of the official mainnet launch. Republic plans to leverage its resources in collaboration with Incentiv to achieve wider adoption of a blockchain model that emphasizes user experience and sustainability.
The partnership between Republic and Incentiv aims to create a more accessible and inclusive blockchain economy, potentially significantly affecting user participation in Web3.