Grant and bounty programs introduced by Fhenix to boost L2 adoption 🚀

The Fhenix Grant and Bounty Initiatives Driving Ecosystem Adoption

Fhenix, a Layer-2 network utilizing Fully Homomorphic Encryption (FHE), has unveiled two new programs to boost the adoption of its ecosystem. The latest updates shared on August 20 reveal:

The launch of a grant program
and a bounty initiative

The Fhenix Grant Program

The Fhenix Grant Program is designed to incentivize developers to integrate confidential computation through FHE. Key points of the program include:

Encouraging developers to work on FHE infrastructure
Looking for projects deploying confidential applications on the blockchain
Seeking innovative use cases or essential tools for managing data secured by FHE
Requesting detailed plans with milestones and KPIs for funding consideration
Thorough review process by the Fhenix team
Catering to larger projects enhancing onchain confidentiality

The Fhenix Bounty Program

Complementing the grant program, the Fhenix Bounty Program targets smaller, focused projects. Highlights of the bounty initiative include:

Providing bounties for successful completion of projects
Connecting applicants with suitable bounties
Introducing developers to Fhenix’s Ethereum Virtual Machine (EVM)-compatible Layer 2 platform
Emphasizing the transformative potential of Fully Homomorphic Encryption in blockchain

Hot Take: Explore Fhenix’s Innovative Initiatives Today!

Discover how the Fhenix Grant and Bounty Programs are revolutionizing blockchain development through confidential computation. Dive into the world of Fully Homomorphic Encryption and unlock the potential for innovation on the Fhenix platform. Don’t miss this opportunity to be part of the future of blockchain technology with Fhenix!