Coinweb, the interoperable layer-2 protocol, announces the launch of a $10 million grant program for developers who build and deploy decentralized applications (dApps) and Web3 services on its infrastructure platform. The grants vary from small one-off grants to $300,000 depending on category, on the type of dApp and the stage of development. Core areas of focus for the grant program include DeFi, decentralized exchanges (DEXes), wallets, lending/borrowing, gaming, NFTs and SocialFi. The Web3 industry is poised to break out and attract mainstream users, and Coinweb’s grant program will expedite that movement by providing grants to selected developers who commit to building on the Coinweb Protocol.
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