Public blockchain Kadena launches $100M Web3 grant program
Web3 development has become a top priority for the blockchain industry as infrastructure providers look to enable the new internet economy. Proof-of-work (PoW) blockchain Kadena has launched a $100 million grant program to encourage Web3 development on its platform, potentially opening the door to more use cases for the layer-one protocol. The grant program is an extension of Kadena Eco, an initiative designed to grow the Kadena ecosystem through the development of gaming, metaverse, nonfungible token (NFT), decentralized finance (DeFi) and Web3 projects. Stuart Popejoy, Kadena’s founder....
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Kadena, a proof-of-work-based cryptocurrency that also has the possibility of supporting smart contracts, has announced a new set of grants directed to incentivize the creation of Web3 experiences. This $100 million grant fund is part of the Kadena Eco initiative, whose objective is to offer builders a complete suite to deploy their solutions on top of the chain.
Kadena Grants Seek to Attract People to Ecosystem
Kadena, a top-100 cryptocurrency project that is based on proof-of-work (PoW) consensus but also offers the possibility of executing smart contracts, has revealed a new....
Web3 Foundation makes another breakthrough as its Grants Program officially signs 302 development projects. The milestone means that Web3 Foundation has funded exactly 100 projects in 2021 alone, as at the time of reporting, with more grants in the pipeline. Web3 Foundation is renowned for its transparency and celebration of grant accomplishments. This comes at the heels of the last milestone in January 2021, when the organization funded 200 projects. Since the program’s inception in December 2018, Web3 Foundation has received a total of 840 applications from teams in over 50 countries.....
The Cronos Accelerator Program is backed by $100 million to help crypto projects in seed-pre-seed stages seeking mentorship, funding and growth. Cronos, a blockchain ecosystem built by major crypto exchange Crypto.com, announced the launch of an accelerator program to fast-track advancements across the decentralized finance (DeFi), Web3 and Metaverse space among others. Driving the initiative, the Cronos Accelerator Program is backed by $100 million to help crypto projects in seed and pre-seed stages seeking mentorship, funding and growth. According to the announcement, projects....
A $50m venture fund backed by Chinese conglomerate Wanxiang has officially launched a grant program focused on funding open-source blockchain projects. First revealed in September, the launch of Wanxiang Blockchain Labs (WBL) coincided with a larger push by Wanxiang to make its interest in distributed financial protocols such as the bitcoin and Ethereum blockchains known. In statements, WBL co-founder Bo Shen said that the organization intends for the grant program to award projects that focus on utility rather than financial "speculation". Shen said: "In our strategy, we keep our....
Dfinity Foundation is boosting its developer ecosystem with a $215 million grant. This is to help further the development of decentralized applications (DApps) on the Internet Computer blockchain. Over 115 teams have benefitted from this grant and more are expected to do so as time goes by. NewsBTC sat down with Lomesh Dutta, Vice President of Growth at Dfinity Foundation, to talk about the Internet Computer Developer Ecosystem Program, how it’s distributed, and the impact it has had on the blockchain since inception. NewsBTC: Why was the Developer Ecosystem Program set up? Lomesh Dutta:....