The HBAR Foundation is pleased to announce the creation of the Privacy Market Development Fund. The goal of the fund is to support developers building privacy preserving technologies in the Hedera Ecosystem. The HBAR Foundation fuels growth of the Hedera ecosystem by providing grants and resources for technical assistance, marketing and business development to developers, startups and organisations building on the network.
Jim Nasr, CEO of Acoer, and his team will lead and manage the Privacy Market Development Fund. As an early adopter of Hedera technologies, Acoer has long held the view that the team, technologies, and governance model underpinning Hedera are best-of-breed for building practical, fast, and economically viable DLT-enabled solutions. This collaboration between Acoer and The HBAR Foundation, through the Privacy Market Development Fund will help create an expansive Hedera ecosystem and support more companies wishing to build on Hedera.
The HBAR Foundation and Acoer additionally announced a collaboration focused on the rapidly expanding Hedera ecosystem at the intersection of distributed ledger technology and privacy preserving technologies, with the support from the Privacy Market Development Fund.
Acoer is an award-winning technology firm, and a leading developer of practical, usable, real-time blockchain-enabled software. This includes multiple Hedera-enabled technologies, such as HashLog, HashLoad and RightsHash.
In collaboration with the HBAR Foundation, Acoer will continue to lead the development of privacy preserving technologies on Hedera and contribute to the growing Hedera ecosystem.
To apply for a grant from the Privacy Market Development Fund, visit www.hbarfoundation.org/apply.
About the HBAR Foundation
Founded in 2021, the HBAR Foundation fuels the development of the Hedera ecosystem by providing grants and other resources to developers, startups and organizations that seek to launch decentralized applications in DeFi, NFTs, CBDCs, ESGs, gaming and other sectors. In addition to providing funding through a streamlined grant process, the HBAR Foundation acts as an integrated force multiplier through expert support across technical, marketing, business development and other operational functions that are required to scale.
Acoer is an award-winning technology firm, and a leading developer of practical, usable, real-time blockchain-enabled software. We believe software should be safe and honest, we are passionate in putting our users first. We accomplish these objectives through the development of secure, privacy preserving and traceable technologies which can be easily adopted using open protocols and usable interfaces.