TechFlow News — Web3 Foundation, the development organization behind Polkadot, has announced a new initiative to deploy 20 million Swiss francs (approximately $22.08 million) and 5 million DOT (around $19.3 million) in 2024 to incentivize teams and individuals contributing to the Polkadot ecosystem.
Web3 Foundation stated that this move will strengthen Polkadot Treasury's community governance funding mechanism, supporting projects that meaningfully impact Polkadot’s future. Further details regarding the official launch date and application process will be shared in the coming weeks.




