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Conflux Blockchain Announces Ecosystem Grants Program
Development grants will be paid in the platform's native token, CFX, in values up to $15,000 and $50,000 for both projects and firms respectively.
Blockchain startup Conflux has announced its Conflux Ecosystem Grants Program, paid in the blockchain’s native CFX token, for building out the Conflux ecosystem, according to a release from the firm.
STORY CONTINUES BELOW
- As reported by CoinDesk, Conflux is a Chinese state-backed blockchain platform for decentralized applications (dapps).
- Grants will be paid in the platform's native token, CFX, in values up to $15,000 and $50,000 for both projects and firms respectively.
- Tier 1 grants are designed to fund approved developers “creating tooling, interoperability bridges, oracle infrastructure, and other vital ecosystem components.”
- Tier 2 grants will be distributed to companies willing to commit to building on the Conflux blockchain that have already demonstrated a measure of product-market fit.
- The grant fund was released in concert with the launch of Conflux’s phase two-of-three network rollout.
- Applications opened Monday.
William Foxley
Will Foxley is the host of The Mining Pod and publisher at Blockspace Media. A former co-host of CoinDesk's The Hash, Will was the director of content at Compass Mining and a tech reporter at CoinDesk.
