Web3 Foundation Announces $1 Million Grant for 46 Blockchain Projects
On April 10th, the Web3 Foundation announced the 17th batch of funding lists, providing a total of approximately $1 million in grants for 46 projects, including ChainSafe, OmniBTC,
On April 10th, the Web3 Foundation announced the 17th batch of funding lists, providing a total of approximately $1 million in grants for 46 projects, including ChainSafe, OmniBTC, Teller, FuzzLand, Me Protocol, ArtZero, Runtime Verification, Blockcodes, etc.
The Web3 Foundation announced the 17th batch of funding list, with a total of 46 projects shortlisted
The Web3 Foundation recently announced the 17th batch of funding lists, aimed at supporting and providing grants for blockchain projects globally. A total of 46 projects received funding, including ChainSafe, OmniBTC, Teller, FuzzLand, Me Protocol, ArtZero, Runtime Verification, and Blockcodes.
What is the Web3 Foundation?
The Web3 Foundation is a non-profit organization that is dedicated to accelerating the development and adoption of decentralized technologies. The foundation focuses on the research and development of the tools and infrastructure that support the Web3 vision of a decentralized web.
The foundation was founded in 2017 and is based in Switzerland. The organization is supported by a team of experienced blockchain experts, developers, researchers, and entrepreneurs who work towards the advancement of decentralized technologies and their integration into various industries.
The 17th Batch of Funding
The 17th batch of funding provided by the Web3 Foundation consists of approximately $1 million in grants for blockchain projects. The funding was provided to 46 projects globally, with each project being awarded between $5,000 and $100,000.
The projects that received funding include:
ChainSafe
ChainSafe is a blockchain development firm that focuses on next-generation blockchain technologies. The company received funding to support the development and implementation of a decentralized identity solution.
OmniBTC
OmniBTC is a decentralized platform that provides the ability to securely store, transfer, and trade Bitcoin. The platform received funding to support the development of new features and the expansion of its active user base.
Teller
Teller is a decentralized lending protocol that provides opportunities for individuals and businesses to access loans without the need for intermediaries. The protocol received funding to support the development of new features and partnerships.
FuzzLand
FuzzLand is a blockchain-based gaming platform that provides unique opportunities for gamers to earn rewards and participate in tournaments. The platform received funding to support the development of new games and the expansion of its user base.
Me Protocol
Me Protocol is a decentralized finance (DeFi) protocol that aims to provide an easy-to-use platform for seamless transactions. The protocol received funding to support the development of new features and the integration of new cryptocurrencies.
ArtZero
ArtZero is a blockchain-based platform that focuses on the development and promotion of digital art. The platform received funding to support the expansion of its user base and the development of new functionalities.
Runtime Verification
Runtime Verification is a blockchain technology firm that provides solutions for the verification of smart contracts. The company received funding to support the development of new solutions and partnerships.
Blockcodes
Blockcodes is a blockchain-based platform that provides unique opportunities for businesses and developers to create and deploy smart contracts. The platform received funding to support the development of new functionalities and partnerships.
Conclusion
The recent announcement by the Web3 Foundation regarding the 17th batch of funding shows the continued growth and development of blockchain technologies. The funding provided to the 46 projects globally will help accelerate the adoption and implementation of decentralized solutions across various industries.
FAQs
What is the Web3 Foundation?
The Web3 Foundation is a non-profit organization that is dedicated to accelerating the development and adoption of decentralized technologies.
How many projects received funding in the 17th batch of funding by the Web3 Foundation?
A total of 46 projects globally received funding in the 17th batch of funding provided by the Web3 Foundation.
What kind of projects received funding from the Web3 Foundation?
The projects that received funding from the Web3 Foundation include blockchain-based gaming platforms, decentralized identity solutions, lending protocols, DeFi protocols, smart contract verification solutions, and more.
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