Dubai, Tuesday, March 5, 2024 – The world’s first sustainable blockchain, 5irechain, announced on February 21, 2024, that their $10 million grant program is set for three months, commencing from March 1 to May 31, 2024.
It said that it aimed to encourage high-level developers to use the 5ire blockchain to create decentralized applications (dApps). 1
The funding is allocated for infrastructure projects, social impact initiatives, decentralized applications (dApps), decentralized finance (DeFi), gaming, and NFT.
The initial phase of the program is focused on launching multichain projects compatible with the Ethereum Virtual Machine (EVM), aligning with the perception of short-term impact and long-term sustainability.
It is reported that the projects would be engaged in an accurate application process commencing on March 1 and ending on March 15, 2024.
A couple of options would be provided in the first three phases for the applicants, either to spend 10 million USDT or 5ire tokens, varying their objectives. 1
The 5ire grants program would consist of early-stage project grants, marketing assistance, technical support, partner vouchers, and connections with investors fostering the blockchain ecosystem, a source reported. 1
- 5ireChain: https://5ire.medium.com/innovate-with-5ire-the-10-million-grants-program-675959d289de[↩][↩][↩]
