Key Points:
Read more: Top 5 DeFi Projects On Arbitrum
This phase will prioritize dApp projects spanning games, NFTs, social platforms, DAOs, and DeFi applications. Projects will undergo evaluation based on their stage, growth projections, and category and will be allocated funding through dedicated channels.
The Arbitrum Foundations Grant Program, aimed at fostering growth within the Arbitrum ecosystem, provides builders with funding tied to project milestones. The grants, which will be issued in ARB tokens, aim to enhance the adoption of Arbitrum chains, reinforce technical frameworks, and cultivate sustainable communities within the ecosystem.
Designed to incentivize development that enhances the Arbitrum platform, the Arbitrum Foundation Grant Program seeks to support projects contributing to its evolution. By offering financial aid, the foundation encourages developers to create innovative and impactful dApps, thereby broadening Arbitrum’s influence and utility in the blockchain realm.
Previously, Arbitrum conducted a public contest in October as part of a $44 million short-term incentives program. Following this, in November, it expanded the initial round of incentives by allocating approximately $20 million in ARB tokens to “backfund” applicants whose proposals passed but narrowly missed out on funding due to tiebreakers.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
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