Hot Labs secures a $ 250,000 grant from Stellar Foundation to accelerate the creation of the series.
San Francisco, California, May 14, 2025, Chainwire
The Hot Labs, a leading innovative Blockchain known to solve a multi -series wallet and the series of chain abstraction, has received a $ 250,000 grant from the Star Development Corporation (SDF). This strategic partnership aims to integrate Blockchain from Stellar into Hot Labs-Hot and Hot Wallet-making Blockchain smooth and cost-effective transactions for users. Stellar grant will significantly cover the costs of transactions inside the hot wallet, creating the experience of stripping the original chain and canceling the potential of full hot protocol.
The Hot Labs, founded in 2024, appeared in the wake of success in the success of the ecosystems of flourishing mini -applications, which is driven by the explosive growth of the pioneering portfolio product. The company quickly gained a recognition to simplify Blockchain reactions, and to achieve rapid dependence among millions of international users through innovative solutions such as non -invasive transactions and the main decentralized management. The team’s task is still focusing on destroying the technical barriers that hinder Blockchain adoption, which makes it accessible to ordinary users.
The stellar integration is the Hoto from the Hot Labs, Andreaakov, an experienced technology pioneer with extensive experience in decentralized systems, multi -series protocols, and easy -to -use Blockchain facades. Zhevlyakov had previously led the technical development in Hot Wallet, successfully expanded by more than 30 million users. He graduated in computer science from ITMO University, and has contributed greatly to the technical foundations of the first vision of Fira. It is worth noting that the first version of the Hot Wallet was developed by two engineers, including Zhevlyakov, which shows how a small skillful team can disable and dominate a competitive market.
Integration with the stars will occur in three strategic stages: First, steps directly integrate into a hot portfolio, allowing users to easily manage stellar assets without transaction fees. After that, stellar will be combined into the hot protocol and the hot bridge, which allows the transmitted chain transactions smooth between stars and other major networks. Finally, the growing ecological system of Stellar will connect to the hot OMNI balance, allowing users to engage in decentralized financing without trouble from a uniform interface. This integration, which was organized by increasing the ecosystem in the stars, is significantly by attracting more users and liquidity.
“Andrei and his team have achieved great results,” said Peter Fulnov, Hot Labs CEO. “We have already seen a tremendous influence – more than 100,000 new USDC holders have joined the stars since the merger into a hot wallet. This early success highlights the effectiveness of stripping the series in Blockchain adoption.”
About hot laboratories
Hot Labs is an experienced Blockchain development team. Founders Peter Volnov and Yuri Olinter have developed nearby products and ton that attracted millions of users. As hot laboratories, the founders aim to build their work with Hot Wallet and HaPI to create Blockchain solutions that make Web3 easier to access via multi -tape ecosystem.
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Peter Volnov
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