April 26, 2024

Ethereum projects receive $ 25 million in grants

Ethereum projects receive $ 25 million in grants

To date, more than 150 Ethereum projects have received about $25 million for the development of the ecosystem.

According toThe Block information, the largest amount of moneyGrants are provided by the Ethereum Foundation – more than $21 million. In addition, the Ethereum Community Fund, Aragon Foundation, ConsenSys and Protocol Labs are allocating money for the development of the ecosystem. 

Ethereum projects receive $ 25 million in grants

Since its inception, the Ethereum fund has issued 94grant. Projects that received the most funds – Parity Technologies, Starkware, Prysmatic Labs, L4 Research and Status. The fund allocates most of its money to finance startups that develop scaling solutions, including Ethereum 2.0 and Ethereum 1.x.

Let us remember that Ethereum co-founder Vitalik Buterin recently said that the emission of Ethereum 2.0 will be less than 2 million tokens. 

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Based on materialswww.theblockcrypto.com