Ultra has launched a grant program aimed at supporting developers in the Web3 ecosystem with a $1 million fund for innovative ideas and projects.
Strategy Behind Developer Grants
Ultra understands that infrastructure alone is not enough to realize the potential of Web3. Therefore, the company is launching a grant program aimed at attracting talented developers to create in-demand tools and games. This initiative supports community engagement by providing $UOS token holders the opportunity to participate in voting on projects.
Structured Grant Application Process
The Ultra grant program provides a clear and transparent procedure. The first stage involves submitting a proposal where developers must present a project description and its impact on the ecosystem. After that, proposals are reviewed by a committee for technical and strategic alignment, and then put to a vote among $UOS token holders. Successful projects receive funding in phases based on the completion of pre-defined milestones.
Support for Diverse Project Levels
Ultra offers three tiers of grants: micro-grants up to $5,000 for initial experimentation, seed grants from $5,000 to $50,000 for projects with functional prototypes, and strategic grants up to $250,000 for high-impact initiatives such as blockchain games or DeFi applications. These options allow developers to choose appropriate funding based on the stage of their project.
The Ultra grant program represents support for developers in the Web3 era, combining funding, guidance, and community involvement. This is a significant step toward creating a sustainable ecosystem that fosters innovation.
