COTI partners with Gitcoin to launch a new $500,000 grant program for privacy projects

according to Chainwire, the lightweight privacy layer COTI announced a partnership with the on-chain funding solution Gitcoin to launch a $500,000 grant program. The program aims to accelerate the development of privacy solutions to support the broader web3 ecosystem.

This collaboration will enable COTI to leverage Gitcoin's grant management tools and services to onboard a group of experienced web3 developers and privacy projects into COTI's privacy ecosystem. Since 2017, Gitcoin has distributed over $60 million to developers of thousands of projects.