Web3 Foundation launches a new $25 million grant program

ChainCatcher news, according to CoinDesk, the Web3 Foundation supporting the Polkadot blockchain has announced the launch of a new funding program called "Decentralized Futures," which will allocate over $25 million to Web3 projects.

As of September, more than 250 projects have submitted applications, including blockchain-related solutions in areas such as deployment tools, DeFi, social media, gaming, and recruitment, with over 50 new projects successfully passing the review. The launch of this funding program aims to further promote the development and innovation of the Polkadot ecosystem, attracting more developers and projects to join the Polkadot network.