As more Consumer Chains launch, it has become apparent that the Atom Economic Zone (AEZ) is in need of a streamlined platform for one-click fiat onboarding to stATOM, ATOM, and USDC on Noble across AEZ chains. To address this, AADAO has awarded an $80,000 grant to Kado Money.
Kado, a highly professional and knowledgeable Cosmos-native team with exceptional UX design for fiat onboarding, will provide one-click fiat onboarding to stATOM, ATOM, and USDC on Noble across AEZ chains. This initiative includes creating educational content about ATOM to enhance user understanding and engagement.
The goal of this grant is to enable a flourishing AEZ ecosystem and drive value accrual for ATOM. By streamlining the user and capital onboarding process directly to Consumer Chain applications, this grant will drive activity and value back to the Hub.
This aims to attract more users, onboard more capital, increase AEZ on-chain activity, and therefore entice more builders to develop within the AEZ, creating a positive feedback loop. Additionally, as ATOM potentially becomes the gas token of the AEZ, users will need the ability to easily top up their wallets with ATOM from fiat, increasing buying pressure for ATOM.
By funding Kado Money, we aim to provide the AEZ with essential infrastructure for fiat onboarding, driving growth, and ensuring a seamless user experience within the ecosystem.