In this part we want to start with answer an important question regarding chain-agnosticism;
Is BSCbay going to support innovations of one particular layer 1 infrastructure, or is it going to fund and incubate projects that want to develop on any infrastructure?
Since each particular layer 1 has it’s strengths such as;
Ethereum: having the biggest network effect among all layer 1s, thus having a lot of developers, tools, and integrations that can ease the development of projects
Polkadot: having interoperability features, which helps creating multi-blockchain projects
While other layer 1s such as Cardano, Tezos, Cosmos, Avalanche, and others having again having different sets of strengths...
In this current setting of blockchain layer 1s, each particular innovation and project, the needs and requirements they look for in their host layer, could be different.
As BSCBay rather than supporting the growth of one particular layer 1 ecosystem, our aim is to support all layer 1 infrastructure ecosystems, and most importantly support the growth of all sorts of blockchain innovations’ journeys to become more community friendly, market ready, and widely adopted products and services.
Thus, BSCBay will operate in a chain-agnostic way, and will welcome applications from all innovators and entrepreneurs, regardless of which infrastructure they choose to host their blockchain project on.
We believe that innovators and entrepreneurs should have a support environment regardless of which infrastructure they choose for their projects.
As blockchain is moving towards greater capabilities for cross-bridging networks, and interoperability, we are becoming one family in this vast ocean. And we will continue to support this path of oneness, by adopting chain-agnosticism from the beginning