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Argent Partners with Starknet Foundation for New Startup Studio

Argent Partners with Starknet Foundation for New Startup Studio

Kickstarting Startup Building on Starknet with Hito Studios

The Starknet Foundation and Argent have joined forces to create Hito Studios, a startup incubator aimed at fostering development on the layer-2 network Starknet. This platform will provide support to new startups, including legal assistance and hiring services. Already, Starknet-based teams like Unframed and Ekubo have joined Hito Studios to aid in its launch. The goal of this collaboration is to encourage the participation of multiple teams in developing products that address significant issues and deliver value to users. It comes at a time when concerns around scalability and user experience in the crypto industry have been largely resolved. Hito Studios has allocated “several million” in funding to projects that leverage Starknet’s capabilities in building fundamental features such as NFT marketplaces, DEXs, derivative platforms, options, and lending.

Main Breakdowns:

  1. The Starknet Foundation and Argent have partnered to launch Hito Studios, a startup incubator focused on building on the Starknet layer-2 network.
  2. Hito Studios will provide support to new startups, including legal assistance and hiring services.
  3. Existing Starknet-based teams like Unframed and Ekubo have already joined Hito Studios to aid in its launch.
  4. Hito Studios aims to foster the participation of multiple teams in developing products that address significant issues and deliver value to users.
  5. Hito Studios has allocated “several million” in funding to projects that leverage Starknet’s capabilities to build fundamental features.

Hot Take: Collaborative efforts like Hito Studios are crucial for the growth and adoption of layer-2 networks like Starknet. By providing support and funding to startups, this partnership between the Starknet Foundation and Argent aims to accelerate the development of innovative products and solutions. The focus on addressing significant issues and delivering value to users reflects a commitment to creating meaningful advancements in the crypto industry. With the support of Hito Studios, we can expect to see an influx of new projects leveraging Starknet’s capabilities and expanding the possibilities of Ethereum.

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Argent Partners with Starknet Foundation for New Startup Studio