Web3 Foundation Commits $30 Million to 50 Projects in Latest Funding Round

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Web3 Foundation Commits $30 Million to 50 Projects in Latest Funding Round In a significant boost to the Polkadot ecosystem, the Web3 Foundation has announced a substantial commitment of $30 million to support over 50 projects through its W3F Grants Program and Decentralized Futures (DF) Program.

Announced via their Medium blog, these initiatives are designed to foster innovation across various domains, including technology development, marketing, business growth, and community building within the Polkadot network.

This investment underscores the foundation’s commitment to nurturing the Polkadot ecosystem by enabling developers, marketers, and community leaders to create impactful solutions that drive the decentralized web forward.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: Crypto News Web3

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-22 @ 13:40:02 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 843 words

Reading Time: 5 minutes read

Sentences: 38 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 23202752

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