Polygon Launches New Grants Programme for the Web3 Ecosystem
Polygon has announced the launch of a new grants programme aimed at supporting founders in the Web3 ecosystem. The company’s core team at Polygon Labs will provide assistance and support to founders as they work on their projects. This new programme comes after Polygon shut down its previous grants programme earlier this year, citing the need for more sustainable funding methods.
Focus on Building Community and zkEVM Technology
During a conference in Bengaluru, Sandeep Nailwal, founder of Polygon, explained that the company had to reassess its community-building strategy due to the emergence of zkEVM technology. This technology enhances the security and privacy of blockchain transactions. Polygon’s new approach involves participating in impactful events and focusing on building applications and protocols that have a high impact on the Web3 ecosystem.
Hot Take: Polygon’s Renewed Commitment to Supporting Founders in Web3
Polygon’s new grants programme demonstrates its commitment to fostering innovation and growth within the Web3 ecosystem. By providing support and assistance to founders, Polygon aims to encourage the development of impactful applications and protocols. With its focus on zkEVM technology and participation in high-quality events, Polygon is positioning itself as a key player in the Web3 space. This renewed commitment is sure to attract attention from developers and entrepreneurs looking for support in building their projects.
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