DeSpread is excited to unveil a strategic partnership with Arbitrum, the leading Layer 2 solution for Ethereum, to foster a thriving developer ecosystem in South Korea.
Arbitrum stands out as a go-to solution to Ethereum’s scalability challenges, ranking 4th in total value locked (TVL) across all chains and claiming the top spot in Ethereum Layer 2 TVL. Arbitrum offers a wide range of products, including ‘Arbitrum One,’ a rollup-based chain, ‘Arbitrum Nova,’ designed for heightened scalability and cost efficiency, and ‘Arbitrum Orbit,’ facilitating the deployment of customizable chains. Arbitrum also supports Stylus, a solution aimed at enhancing developers’ language convenience.
As part of this collaboration, DeSpread is poised to deliver comprehensive research contents and development guides in order to pave the way for Arbitrum’s prominence in the Korean market and alleviate language and cultural barriers for local developers. DeSpread aims to achieve optimal results by strategically deploying a team with expertise not only in general web3 domain but also possessing specialized understanding of the Arbitrum ecosystem.
Additionally, DeSpread will actively contribute to creating a collaborative environment with Arbitrum for local companies looking to adopt blockchain technology. Leveraging our accumulated know-how and experience, along with with Arbitrum’s commitment to the Asian market, this partnership aims to offer more professional and flexible solutions for businesses looking to embrace the potential of blockchain.
Furthermore, DeSpread will also work towards Arbitrum’s on-chain user acquisition through its on-chain attribution platform, 3ridge.
“Arbitrum boasts top performance among Ethereum Layer 2 solutions. With this partnership, we will support Arbitrum in establishing the best developer and user ecosystem in the Korean Ethereum landscape and elevate its awareness accordingly.” — Jeff Kim, Director & Head of Business Strategy at DeSpread
“Arbitrum is excited to partner with DeSpread to tap into South Korea’s dynamic technological ecosystem and build a strong developer community. This collaboration is a cornerstone in our efforts to expand Arbitrum’s presence in the Korean market and enhance Ethereum’s scalability and efficiency. We are committed to empowering developers and enterprises in South Korea with our cutting-edge Layer 2 solutions.” — Nina Rong, Head of Ecosystem Development at Arbitrum Foundation
About Arbitrum Foundation
The Arbitrum Foundation, founded in March 2023, supports and grows the Arbitrum network and its community with secure scaling solutions for Ethereum. Arbitrum One — a leading Ethereum Layer-2 scaling solution initially developed by Offchain Labs — offers ultra-fast, low-cost transactions with security derived from Ethereum through Optimistic Rollup technology. Launched in August 2021, the Arbitrum One mainnet beta is EVM-compatible to the bytecode level and has 54%+ TVL in the L2 segment. 2000+ DeFi and NFT projects are live in the ecosystem to date. In August 2022, Arbitrum One upgraded to Nitro tech stack, enabling fraud proofs over the core engine of Geth compiled to WASM.
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About DeSpread
DeSpread is a leading blockchain consulting firm based in Seoul, South Korea which is founded in 2019. DeSpread provides various solutions starting from go-to-market strategy, Media PR communication, and branding to awareness growth for both domestic and global projects with their unparalleled professional market knowledge and experience. Their expertise reaches all areas of Web3, including DeFi, NFTs, Metaverse, and Gaming, and the consulting services are fully optimized and customizable to meet the specific needs.
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