Home > NEWS > Provenance Blockchain Foundation announces $50M in grants for blockchain development

Provenance Blockchain Foundation announces $50M in grants for blockchain development

The grant program will award $50 million in HASH, Provenance Blockchain’s native token, to developers.

The Provenance blockchain Foundation has announced a $50 million bonus program to support trends in regulated financial services on the blockchain.

The allocation plan service promises to reward developers with a hash of $50 million to build core services and experiences. Hach is the native dynamic password of the blockchain, which enables regulated financial assets at the technical level of the blockchain to achieve a complete original life cycle of data. The real estate developer will be evaluated according to a series of factors, including her ability to contribute to sound property, asset source, access slope, safety factor, compliance, wallet, real identity, development environment and new financial asset test cases. All winning grant programs are subject to the selection of customers who control you.

In addition to the hash bonus, the Source Block chain Foundation says it will also provide additional applications for developers, including detailed ecosystem introductions, Internet opportunities, merchandise promotion and marketing, and technical induction support.

The Origin blockchain Foundation shows that its ecosystem will bring together developers, financial applications and publishers to promote the integrated data life cycle of financial assets, thereby promoting innovation. Through these ecosystems, developers will also have the opportunity to receive salaries from what they actively provide to participants.

Although in the bear market of the stock market, a variety of block chain enterprises are investing in the project to form their own ecosystem.

InterChain Foundation, a non-profit organization responsible for building the InterChain Cosmos ecosystem, recently pledged to invest about $40 million in 2023 to promote its core infrastructure applications, Cointelegraph reported.

In addition, on January 19th, SSV.Network, a real estate developer for verifier infrastructure, also launched a new ecosystem stock fund aimed at promoting the innovation of Ethernet Fong chip technology and supporting the decentralization of Ethernet Fong chips. The Fund, valued at US $50 million, will be dedicated to supporting projects dedicated to the technical construction of applications using distributed system verifiers.

by wjb news
© 2023 WJB All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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