Microsoft And AstridDAO Team Up!

　　Exciting developments in the Astar ecosystem. The Astar-based initiative AstridDAO has formally announced a relationship with Microsoft. This collaboration has far-reaching repercussions for the entire ecosystem. Microsoft is an innovative powerhouse that is bringing its resources and technology to AstridDAO. Endorsing and mentoring the initiative demonstrates that the tech behemoths are paying attention to Astar and the projects being produced on the network.

　　AstridDAO is a decentralized money market that features a fully backed stablecoin, $BAI, that is hard-pegged to the US dollar.

　　AstridDAO has been accepted into the Microsoft for Startups program. This collaboration speeds business development and growth by reducing the traditional hurdles to starting a firm. Providing AstridDAO with access to technology, coaching, and marketing that competitors and other companies no longer have. AstridDAO will receive up to $350,000 in benefits from Microsoft in the form of Github Enterprise, Microsoft Teams, and Azure credits. Keep an eye on AstridDAO; the company's future appears to be bright.

　　As a result of this Microsoft agreement, AstridDAO is supported by one of the most inventive tech-driven companies in history.

　　A message from the AstridDAO team:

　　“We are super excited to join the Microsoft for Startups program! With incredible resources sponsored by Microsoft, we will ensure AstridDAO can better serve the community and facilitate BAI to become the dominant native stablecoin for the whole Astar and Polkadot ecosystem.”- AstridDAO Team

　　If you haven't been paying attention to Astar and the ecosystem as a whole, now is the time. This network has repeatedly demonstrated that it is innovating and building the future of blockchain technology. Microsoft's involvement in the network is yet another indication that Astar is an ecosystem to keep an eye on.

　　About AstridDAO

　　AstridDAO is a decentralized money market protocol and multi-collateral stablecoin based on Astar and the Polkadot ecosystem that allows users to borrow $BAI, a stablecoin hard-pegged to USD, against risk assets at 0% interest and with a low collateral ratio.

　　This approach allows users to leverage the value of their risk assets, such as $ASTR, $BTC, $ETH, and $DOT, without having to sell them.

　　About Astar

　　Astar Network is the Smart Contract Hub for WASM + EVM, as well as the top Polkadot parachain in terms of Total Value Locked + Most Ethereum Assets. Since winning its parachain auction in January 2022, Astar Network has risen to the top of the Polkadot ecosystem in terms of Total Value Locked and the number of Ethereum assets transferred across.

　　The Polkadot ecosystem is linked to Ethereum, Cosmos, and all major layer 1 blockchains via Astar Network, the premier smart contract hub. Astar Network enables dApps built on different virtual machines, specifically WASM and EVM, and provides the finest technology solutions and financial incentives for Web3 developers to build on top of a secure, scalable, and interoperable blockchain through its Build2Earn and Astar Incubation Program.

　　As a reminder, WikiBit is ready to help you search the qualifications and reputation of projects in a bid to protect you from hidden dangers in this risky industry!

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