Hyperlane announces "Hyperlane Foundation" and "HYPE" token

Today, the Hyperlane Foundation* introduces HYPE, a token that will establish an alliance between motivated users of the Hyperlane network. Most importantly, HYPE is designed to build the foundation for a developer-owned network, one where those who make it useful become owners.

The Hyperlane Foundation will initiate the Hyperlane Alliance. The Hyperlane Alliance will represent the interests of users and developers who collectively shape the future of the Hyperlane network and ecosystem. Members of the Hyperlane Alliance will also oversee a grants program, which recognizes meaningful contributions to the Hyperlane network.