Project Hydro was launched in March 2018. The project was incubated by Hydrogen, one of the leading fintech API companies in the world, named “Fintech Startup of the Year” by KPMG and “World Changing Technology” by Fast Company. The Hydrogen team knew they were onto something great, when over 10,000 developers answered the original call to action. This is when Project Hydro expanded to be a global, decentralized, and open-source project run by the community for the global community! Now any of you can be a part of Project Hydro and help to change the world.
Project Hydro is managed by a Caymans based entity known as Hydro Labs. The Hydro Labs team are tasked with maintaining the Hydro protocols, encouraging new developers in the ecosystem, and helping companies launch enterprise applications and new infrastructure on top of the ecosystem. The team maintains a treasury of HYDRO tokens that are used to encourage long-term sustainability of the ecosystem by incentivizing new development.