TechFlow news: The Web3 Foundation, supporting the Polkadot blockchain, has announced a new grant program called "Decentralized Futures," which will distribute over $25 million in funding to Web3 projects.
According to the Web3 Foundation team, projects spanning a wide range of use cases have applied for funding under this program, including blockchain-based solutions for deployment tools, DeFi, social media, gaming, and recruitment. The jury believes these projects have the potential to advance the development of the Polkadot network.
As of September, more than 250 projects had submitted applications, with over 50 new projects successfully passing the review process. The launch of this grant program aims to further promote growth and innovation within the Polkadot ecosystem, attracting more developers and projects to join the Polkadot network.
