The Starknet Foundation has introduced a $5 million grant program to aid blockchain projects that are nearing completion. This grant, which is in USD Coin (USDC), aims to help developers overcome financial obstacles in the final phases of their projects. By providing this financial support, the Foundation is demonstrating its dedication to promoting innovation within the Starknet ecosystem.

Bolstering Blockchain Development through Financial Support

The grant initiative is focused on supporting projects that are close to completion and ready to be launched on Starknet’s platform. This platform is a ZK-rollup based Ethereum Layer-2 scaling solution. The program intends to award $25,000 to each of a minimum of 200 qualifying teams. This support is expected to lead to a significant increase in blockchain development and utilization.

Targeted Assistance for Promising Projects