Covalent Commits $2.5 Million to Consensys Builders Scale Program

Odaily News As the main modular data infrastructure layer in the Web3.0 field, Covalent Network (CQT) has pledged to provide $2.5 million in funding to Consensys Builders Scale Program to support developers using Linea and MetaMask and promote the development of groundbreaking on-chain applications. This move reflects Covalent Networks (CQT) commitment to supporting the development of the Web3.0 ecosystem. Covalent Network helps developers innovate and optimize decentralized applications by providing them with powerful data infrastructure. This collaboration further consolidates the strategic partnership between Covalent Network (CQT) and Consensys in promoting the development of Web3.0. The two parties work together to enhance on-chain infrastructure and decentralized applications to attract the next generation of users to Web3.0. Recently, Arthur Hayes, co-founder and former CEO of cryptocurrency exchange BitMEX and current chief investment officer of family office Maelstrom, announced that he has joined Covalent Network (CQT) as a strategic advisor to expand its development direction in artificial intelligence and long-term data availability.