Web3 Foundation Launches $25 million "Decentralized Futures" Grant Program
The Web3 Foundation, which supports the Polkadot blockchain, has announced the launch of a new grant program called "Decentralized Futures" that will allocate more than $25 million to Web3 projects.
According to the Web3 Foundation team, projects from a wide range of use cases have applied for funding support from the program, including blockchain-related solutions in areas such as deployment tools, DeFi, social media, gaming, and recruitment. The jury believes that these projects have the potential to drive the growth of the Polkadot network. As of September, more than 250 projects have submitted applications, of which more than 50 new projects have successfully passed the review. The launch of this funding program aims to further promote the development and innovation of the Polkadot ecosystem and attract more developers and projects to join the Polkadot network.