Aleph Zero, a nonprofit foundation overseeing the development of a layer-1 privacy-enhancing blockchain, has launched a $50 million Ecosystem Funding Program to support developer teams in building on its platform and advancing blockchain adoption globally. The program is designed to provide comprehensive support to attract developers, going beyond just grants, and including assistance with business feasibility, regulatory compliance, and community-building. The foundation aims to offer access to a reliable partner network, as well as sharing its own experience in building something from scratch.
“We’re hoping to introduce a somewhat redesigned approach to how layer-1s can support builders and to go beyond simply providing grants,” said Zolciak. The Ecosystem Funding Program comprises grants, incubation, and acceleration at all stages of product development, with successful applicants receiving up to $500,000 per project in grant funding. Additionally, grant recipients will gain exclusive access to Aleph Zero’s venture capital pool, infrastructure credits from Amazon Web Services, and security design consultations from Kudelski Security. The Aleph Zero partner network will also provide marketing, branding, UX, product design, and operational support as needed. During its pilot phase, the program has already produced a range of successful projects, including decentralized lending and borrowing protocol Abax, NFT marketplace ArtZero, domain name service AZERO Domains, unique dark metaverse experience DRKVRS, enterprise-grade decentralized identity platform Gatenox, and decentralized security platform Interlock. (...) Full story here
0 Comments
Leave a Reply. |