Other attributes
Shiden Growth initiative
The main goal of the initiative is supporting the Shiden ecosystem particularly the whole community, existing projects deployed on Shiden networks as well as helping new projects to migrate and deploy their dApps or smart-contracts on top of Shiden.
Shiden is a multichain hub for a great number of projects and dApps. From a technical point of view, it is one of the most advanced parachains at the moment, providing tools and a platform to run not only EVM smart contracts, but also WASM and other smart-contract languages. In the coming year, the Shiden team will implement a multi-chain interaction xVM protocol between the EVM and WASM platforms.
Shiden Builder and Build2Earn programs assist and support existing projects that have chosen the Shiden ecosystem to develop and deploy their dApps.
At the same time, the Shiden Growth initiative can be a great competitive advantage for the current projects as well as new ones which can be a great starting point and a place for new innovative projects and dApps.
We will help to build the community for the whole ecosystem, provide the media support for the ecosystem dApps, create educational content for the community as well helping to interact with it. Shiden’s dApps will be able to gain support and have the opportunity to spread awareness in the community about their products.
The Shiden team has created a great solution to encourage all community members, both users and developers involved in creating and developing applications in the ecosystem.
The Build2Earn program includes dApp staking, a unique mechanic in the Polkadot and Kusama ecosystem. The beauty of these mechanics is that the more projects appear in the ecosystem, the more tokens are sent to the stacking, thereby limiting the circulating supply and increasing the value. This creates a great network effect, the emergence of innovative products, the growth of the network, and the overall value of the entire Shiden ecosystem.
