The Aptos Foundation Partners with Bitskwela

BY
Bitskwela
/
May 30, 2024

Bitskwela is thrilled to announce a strategic partnership with the Aptos Foundation, the team dedicated to cultivating the Aptos ecosystem. With support from the Aptos Foundation, the Bitskwela team will help educate Filipino users about the different applications of the Aptos ecosystem. 

Aptos is a next-generation layer 1 blockchain with a focus on scalability and security. It operates on a Proof-of-Stake consensus mechanism and leverages Move, a programming language designed for writing secure smart contracts. Despite being a relatively new blockchain, Aptos has had amazing adoption since launching in 2022— reaching more than 250+ projects building on the blockchain to date, DeFi total value locked (TVL) up 376% in the first quarter of 2024, and broke a layer 1 industry record on May 25 for the most daily transactions (182M/day).

Bitskwela CEO Jiro Reyes also sees Aptos playing a key role in the blockchain industry going forward. Reyes also emphasized that: 

"Bitskwela's mission is to empower Filipinos to actively participate in the future of the internet. With Aptos currently being at the forefront of innovation with their scalable and upgradable technology, we find value in highlighting the blockchain and its ecosystem through our educational resources.” 

Bitskwela
Education Company

Bitskwela is a Filipino-led edutech platform that strives to make Bitcoin and cryptocurrency education accessible to all Filipinos of any ethnicity.

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