1. PixelPlaygroundHome
  2. Web3 News

Layer1 Blockchain Network SUI Announces Second Round of Developer Funding for 8 Open Source Projects

• Web3 News • 106 views

On April 26th, Layer1 blockchain network Sui announced the recipients of its second round of developer funding, with 8 open source projects shortlisted, covering six areas: develop

Layer1 Blockchain Network SUI Announces Second Round of Developer Funding for 8 Open Source Projects

On April 26th, Layer1 blockchain network Sui announced the recipients of its second round of developer funding, with 8 open source projects shortlisted, covering six areas: development tools, finance, gaming, governance, payment, and productivity. These include the smart contract bytecode level fuzzy testing tool fuzzland, the one-stop development service platform Chain IDE, the open-source software and hardware wallet OneKey, DEX, and the centralized liquidity protocol Cetus, as well as the open source on chain module Capsule Fully functional on chain governance platform MovernanceLabs, multi sign unmanaged smart contract wallet Momentum Safe, and decentralized Web3 browser Carbon Browser.

Sui announces the recipients of the second round of developer funding, with 8 open source projects shortlisted

The Layer1 blockchain network Sui has recently announced the recipients of its second round of developer funding, with eight open source projects shortlisted. These projects cover six areas: development tools, finance, gaming, governance, payment, and productivity. Let’s take a closer look at each of these projects and what they offer to the blockchain community.

Development Tools

The first open source project that received funding from Layer1’s Sui is the smart contract bytecode level fuzzy testing tool called Fuzzland. Fuzzland is a testing tool that aims to increase the efficiency and effectiveness of smart contract testing by identifying bugs and vulnerabilities in the codebase.
The second project is the Chain IDE, a one-stop development service platform that provides developers with a complete set of tools and services for Ethereum-based smart contract application development.

Finance

OneKey is an open-source software and hardware wallet that aims to provide secure, convenient, and user-friendly storage and management of private keys, digital assets, and cryptocurrency. Its open and decentralized architecture is designed to give users full control and ownership of their digital assets.
The Decentralized Exchange (DEX) is another project that received funding from Layer1’s Sui. This project aims to create a decentralized trading platform that provides users with a transparent, secure, and low-cost alternative to traditional centralized exchanges.

Gaming

The Cetus project is a centralized liquidity protocol that aims to provide liquidity to decentralized applications (DApps), including online gaming platforms. Cetus acts as a plug-and-play liquidity provider that can be easily integrated into DApps to provide seamless and instant liquidity.

Governance

The MovernanceLabs project is a fully functional on-chain governance platform that aims to provide a decentralized and transparent decision-making process for blockchain projects. MovernanceLabs provides tools and services that enable blockchain projects to create and manage decentralized autonomous organizations (DAOs), perform community-driven decision-making, and distribute voting power.

Payment

Momentum Safe is a multi-sign unmanaged smart contract wallet that aims to provide a secure and user-friendly storage solution for private keys and digital assets. The wallet supports multiple digital assets and integrates with popular wallets and blockchains, including Ethereum, Binance Smart Chain, and Solana.

Productivity

Carbon Browser is a decentralized Web3 browser that aims to provide users with an open and secure browsing experience. Carbon Browser operates on a decentralized infrastructure, which means that users’ private data is protected from centralized censorship and surveillance.
In conclusion, Layer1’s Sui has committed to supporting the development of innovative and useful open source projects in various areas of blockchain technology. The eight projects that received funding in the second round of developer funding cover a broad range of areas, including development tools, finance, gaming, governance, payment, and productivity. With their support, these projects have the potential to drive innovation and growth in the blockchain ecosystem.

FAQs

Q: What is Layer1’s Sui?
A: Layer1’s Sui is a blockchain network that aims to create a scalable, secure, and decentralized infrastructure for the blockchain ecosystem.
Q: What are open source projects?
A: Open source projects are software projects that are licensed under an open source license, which allows anyone to use, modify, and distribute the software.
Q: Why is open source important in the blockchain community?
A: Open source is important in the blockchain community because it promotes collaboration, transparency, and innovation, which are essential for the growth and adoption of blockchain technology.

This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/18914/

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.

Like (0)
Previous 04/26/2023 03:29
Next 04/26/2023 03:42

Recommended articles