Enhanced $100K Grant Scheme by VeChain to Bolster Ecosystem Builders

Enhanced $100K Grant Scheme by VeChain to Bolster Ecosystem Builders


VeChain Unveils Grant 2.0 for Developers

VeChain has launched Grant 2.0, an upgraded version of its developer grant program that offers increased funding, new grant formats, and better support. The focus of Grant 2.0 is on funding sustainability-focused decentralized apps and ecosystems. The submission process has been streamlined to remove rigid requirements and speed up the process. Marketing and micro grants have also been introduced for community marketing efforts and minor tool integrations. Grant recipients working on sustainability initiatives will receive additional support such as mentorship networks, VC opportunities, and exposure on VeChain’s website and social media platforms.

Over $100K Funding per Project

The funding limit per project has been raised from $30K to $100K, allowing developers to pursue more complex builds without funding concerns. VeChain CEO Sunny Lu emphasized the importance of empowering developers to create sustainable ecosystems and drive global impact through blockchain technology.

Streamlined Submissions and Sustainability Weighting

VeChain has implemented a designated website for project proposals to simplify the application process. The grading rubric now places greater emphasis on sustainability-aligned initiatives that align with VeChain’s vision for sustainability-focused DApps.

Supports Ecosystem Builders with Global Backing

Grant 2.0 provides increased support for ecosystem builders who are driving sustainability. Winners gain access to mentorship networks, pitching opportunities with VC investors, and exposure across VeChain’s channels.

Grant 2.0 Cements VeChain’s Reputation as a Blockchain Climate Leader

With its focus on sustainability, VeChain solidifies its position as a leader in the intersection of blockchain technology and climate solutions. Through Grant 2.0, VeChain aims to fund decentralized experiments that challenge carbon-intensive legacy models.

Hot Take: VeChain Empowers Developers to Drive Sustainable Innovation

Read Disclaimer
This page is simply meant to provide information. It does not constitute a direct offer to purchase or sell, a solicitation of an offer to buy or sell, or a suggestion or endorsement of any goods, services, or businesses. Lolacoin.org does not offer accounting, tax, or legal advice. When using or relying on any of the products, services, or content described in this article, neither the firm nor the author is liable, directly or indirectly, for any harm or loss that may result. Read more at Important Disclaimers and at Risk Disclaimers.

VeChain’s Grant 2.0 program is a significant step in empowering developers to create sustainable ecosystems and drive global impact. With increased funding, streamlined submissions, and a focus on sustainability, VeChain is positioning itself as a leader in blockchain technology for climate solutions. By supporting ecosystem builders and providing additional resources, VeChain is fostering the development of decentralized apps that can transform behaviors and systems towards sustainability. Grant 2.0 cements VeChain’s reputation as a blockchain climate leader and paves the way for innovative solutions to tackle carbon-intensive legacy models.

Author – Contributor at | Website

Guiding both intrepid trailblazers and inquisitive novices, Blair’s insights serve as a compass for discerning decision-making amidst the ever-evolving currents of cryptocurrencies. With the artistry of a linguistic virtuoso, they craft narratives that enrich the evolving tapestry of the crypto landscape.