Boosty Labs and IOST Labs Partner for Blockchain Developer Growth and Innovation

New York, USA, March 29, 2023, Chainwire

Boosty Labs and IOST Labs have announced their partnership to foster the growth of IOST’s engineering community and incubation program. The partnership will focus on expanding the ecosystem by inviting JavaScript engineers to develop services on the IOST blockchain and create value for both engineers and users.

IOST is a blockchain that only requires a small deposit for transactions, which improves usability for developers and users. The smart contract supports JavaScript and is easily updated, making it easy for developers to handle simple bugs and tweaks. With the addition of Boosty Labs to the community, IOST Labs hopes to attract more developers to the blockchain and expand its offerings to users.

Boosty Labs is a world-class blockchain and fintech team with over 10 years of experience in consulting, development and design. With over 150 employees worldwide, Boosty Labs has already implemented over 200 projects for top players in the crypto industry, including Ledger, Consensys, Celsius Network, Storj Labs, Bloom Protocol, NEM, Elixir and NEAR Protocol.

Through this partnership, IOST Labs and Boosty Labs aim to expand the ecosystem and promote sustainable growth. By collaborating on developer communities and incubation programs, the partnership will accelerate the growth of the IOST ecosystem and offer more opportunities for developers to build and innovate on the blockchain.

Viktor Ihnatiuk, founder and CEO of Boosty Labs, shared that this partnership with IOST is critical to the Web3 ecosystem’s growth as it requires scaling, and the IOST blockchain facilitates this by providing developers with simplified access. According to Ihnatiuk:

“Our partnership with IOST is a strategic move for Boosty Labs to expand our reach in the blockchain industry and contribute to the growth of the IOST ecosystem. We look forward to our collaboration and believe that by working together we can help shape the future of the crypto industry and unlock new opportunities for innovation and growth.”

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Blake Jeong, Co-CEO of IOST, says: “I am excited about the potential of this partnership to drive innovation and development in our ecosystem. Our incubation program will provide developers with mentorship, technical resources and funding to help them bring their ideas to life life on the IOST blockchain. By working closely with Boosty Labs, we aim to foster growth and innovation in the IOST community and continue to push the boundaries of what is possible with blockchain technology.”

About Boosty Lab

Founded in 2017 by the young Ukrainian entrepreneur Viktor Ihnatiuk, Boosty Labs is one of the largest companies in the world specializing in the outsourcing of blockchain technology development, system integration, automation of technical and business processes for companies, and IT consulting.

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About IOST Labs

IOST Labs is a blockchain-focused organization dedicated to supporting the growth of the decentralized web. They aim to identify, invest in and strengthen entrepreneurs, startups and local communities that show great potential in the industry.

IOST Labs is on a mission to fund exceptional projects that will help redefine the blockchain ecosystem and contribute to its expansion. The organization aims to drive innovation and support dynamic technology teams that have a positive impact on the crypto space.

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Contact

Head of PR
Oksana Prydybailo
Boosty Labs
oksana.prydybailo@boostylabs.com

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