{"type": "project", "title": "Allbridge Core", "logoImg": "bafkreif6jhq7ydmurkz7eleypt6huuzkhci45csbslqfjepbv6ikfpxmxe", "website": "https://core.allbridge.io/", "bannerImg": "bafybeigvugbefydhvdavjvatgo5i57vvhpzwtowngjytxta26gwsgq3t3q", "createdAt": 1679664748036, "credentials": {}, "description": "Allbridge Core enables users to swap stablecoins between blockchain networks. The platform supports USDT, BUSD, USDC, and DAI on various chains such as Polygon, BNB Chain, Solana, Ethereum, and Tron. With Allbridge Core, users can easily transfer their stablecoins from one network to another without needing a centralized exchange (CEX).\n\nTeam\n\nAllbridge Core was co-founded by Yuriy Savchenko (CTO) and Andriy Velykyy (CEO). The team behind consists of experienced blockchain developers and professionals who are passionate about cross-chain technology. Allbridge Core\u2019s team has extensive experience in building decentralized applications and cross-chain bridges. They are committed to providing a secure, scalable, and user-friendly platform that can enable seamless cross-chain swaps.\n\nResults and Future Plans\n\nAllbridge Classic has made significant progress in a short time frame, bridging over $6.3 billion. The new stablecoin product, Allbridge Core, has already exceeded $31 million in bridged volume with over 32,000 transactions since its launch in September 2022. The platform has integrated stablecoins on various networks and is now focused on integrating the privacy layer into Allbridge Core to enhance its scalability and security. \n\nDistribution of funds\n\nThe grant funds will be used to support the integration of ZK technology into Allbridge Core, which will enhance the platform's scalability, speed, and security. Additionally, the funds will be used to improve the user interface and enhance the platform's capabilities, including adding support for more blockchains and improving stability.\n\nLinks:\n\nWebsite: https://core.allbridge.io/ \n\nDocumentation: https://docs-core.allbridge.io/ \n\nTwitter: https://twitter.com/allbridge_io \n\nDiscord: https://discord.com/invite/ASuPY8d3E6 ", "logoImgData": {}, "bannerImgData": {}, "projectGithub": "https://github.com/Allbridge-io/", "projectTwitter": "allbridge_io"}
Allbridge Core
Allbridge Core enables users to swap stablecoins between blockchain networks. The platform supports USDT, BUSD, USDC, and DAI on various chains such as Polygon, BNB Chain, Solana, Ethereum, and Tron. With Allbridge Core, users can easily transfer their stablecoins from one network to another without needing a centralized exchange (CEX).

Team

Allbridge Core was co-founded by Yuriy Savchenko (CTO) and Andriy Velykyy (CEO). The team behind consists of experienced blockchain developers and professionals who are passionate about cross-chain technology. Allbridge Core’s team has extensive experience in building decentralized applications and cross-chain bridges. They are committed to providing a secure, scalable, and user-friendly platform that can enable seamless cross-chain swaps.

Results and Future Plans

Allbridge Classic has made significant progress in a short time frame, bridging over $6.3 billion. The new stablecoin product, Allbridge Core, has already exceeded $31 million in bridged volume with over 32,000 transactions since its launch in September 2022. The platform has integrated stablecoins on various networks and is now focused on integrating the privacy layer into Allbridge Core to enhance its scalability and security. 

Distribution of funds

The grant funds will be used to support the integration of ZK technology into Allbridge Core, which will enhance the platform's scalability, speed, and security. Additionally, the funds will be used to improve the user interface and enhance the platform's capabilities, including adding support for more blockchains and improving stability.

Links:

Website: https://core.allbridge.io/ 

Documentation: https://docs-core.allbridge.io/ 

Twitter: https://twitter.com/allbridge_io 

Discord: https://discord.com/invite/ASuPY8d3E6 
Allbridge Core