Open-source Korean blockchain Klaytn is unveiling a gas fee rebate program to remove barriers to broader web3 adoption.
The program will allow gaming companies to offset gas fees from existing blockchain games built on Klaytn.
It will offset both user gas fees shouldered by gaming companies via Klaytn's gas fee delegation feature, as well as gas fees incurred from gaming companies' own Externally Owned Accounts or Contract Accounts.
Selected game companies can fully offset their gas fees incurred from January 2022 onwards, up to USD100,000 worth of KLAY per month per grantee.
The grant is paid in Klaytn's native token KLAY. It is derived from the Klaytn Growth Fund, which aims to grow the ecosystem of companies built on Klaytn.
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