Tue, June 18, 2024 at 15:15
Hey Annie!
Guess what?
Circle just launched a new program called Circle Credits!๐
Oh, really?
What's that about?๐
So, Circle Credits is an investment program designed specifically for Web3.0 developers.
It's kinda like AWS Credits but for the Web3 world.๐
Interesting!
How does it work exactly?
Well, developers can use these credits to offset costs for Web3 services like programmable wallets, smart contract platform API calls, and gas station network fees.
It's meant to make the transition from testnet to mainnet super smooth and hassle-free.๐
Wow, that sounds really helpful.
How much credit can developers get?
There are different tiers.
In the Build Tier, developers can get up to $100 in credit.
But in the Scale Tier, they can get up to $1,000!
Plus, there's a Free Tier where they can experiment and build without any cost initially.๐ฐ
That's a lot of support!
Why is Circle doing this now?
Circle wants to support Web3 developers globally.
They believe that by removing financial barriers, developers can focus on creating the best on-chain applications.
It's all about fostering innovation!๐
Makes sense.
Have they done anything similar before?
Yeah!
Just last week, they expanded their Web3 services by integrating with the Solana network.
They introduced Programmable Wallets and Gas Solutions to boost security and create enterprise-grade wallets.๐
Oh, I remember hearing about that.
And didn't they partner with Chainlink recently?
Exactly!
In May, they integrated Chainlink to expand the capabilities of their stablecoins, USDC and EURC.
This partnership aims to combine Circle's financial services with Chainlink's decentralized services, giving developers the tools to create comprehensive financial applications.๐ก
Circle seems to be really active lately.
Do you think this new program will have a big impact?
Definitely!
By providing financial support and making it easier for developers to bring their projects to life, Circle Credits could really boost innovation in the Web3 space.
It's a big win for developers and the industry as a whole!๐
That's great to hear.
Do you think this will affect the market positively?
Absolutely!
More innovation means more robust and diverse applications in the Web3 space.
This could attract more users and investors, driving growth and adoption.
So yeah, it's definitely a positive move for the market!๐
Thanks for explaining, Joy!
This sounds like a great opportunity for developers and the market.๐
Anytime, Annie!
Always happy to share good news.
Let's keep an eye on how this develops!๐
To sum up, this article is considered a ๐Bullish for investors!!