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Web3 Foundation Grant Program Reaches Goal of 400 Projects, Receives 1,000 Grant Applications | By Web3 Foundation Team | web3 foundation

On our journey to construct a decentralized internet, we have just lately reached one other essential milestone – we have handed 400 tasks in complete for the present complete. 415 Tasks Signed via our grant packages. As well as, over 1000 grant functions have been submitted. as earlier than 100, 200 And 300 milestones, we wish to reap the benefits of this second to share some perception into what’s going on behind the scenes.

For the reason that begin of the grant program in December 2018, we have now obtained a complete of 1054 functions, of which 415 have been accepted. Thus far, 181 groups have already accomplished not less than one challenge and 300 have efficiently accomplished their first milestone. View full checklist of accepted functions Here,

The tasks funded thus far cowl all layers of the Web3 know-how stack. Greater than half cowl runtime modules and UI growth. The rest covers wallets, tooling, cryptography, good contracts, APIs, and extra.

The groups are engaged on a variety of decentralized use circumstances, together with digital identification and privateness, IoT, gaming, knowledge storage and finance, amongst others.

A community is nothing with out its neighborhood and the Web3 neighborhood is actually international. That is mirrored within the geographic unfold of grants: 14.4% of groups are situated within the US, 12.8% in China, 8.1% in Singapore and others from Australia and Japan to Europe to Argentina.

For extra details about the grant program, go to web3.foundation/grants or go to us instantly GitHub repository,

We even have Elementor channels for real-time dialogue on Web3 and Polkadot:

Sadly, scams are quite common within the crypto sector. With the rising reputation of Polkadot and Kusama, we have now additionally seen a rise in scammers making an attempt to defraud our neighborhood. Learn to shield your self and scale back the chance of dropping your funds in our wiki,

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