Boba Network and Thrive Protocol offer grants to developers on Boba platform for innovation.

From Investing.com

October 17, 2024
2:00 PM:

Boba Network and Thrive Protocol have joined forces to introduce the Thrive Boba Ecosystem Grants program, offering $200,000 in BOBA tokens to developers working on the Boba platform. Projects focusing on DeFi, Gaming, and Generative AI can receive funding between $10,000 and $35,000. Key deadlines for applications are approaching.

Participants are required to outline three critical milestones for their projects, with 15% of the total grant provided upon completion of each of the first two milestones. Successful completion of the final milestone unlocks 70% of the grant. The application deadline is October 31, 2024, with notifications of grant awards scheduled for November 19, 2024.

Thrive Protocol CEO, Daniel Jacobs, expressed enthusiasm for the partnership with Boba Network to drive innovation in decentralized applications. Boba Network offers lightning-fast transactions and significantly reduced fees compared to layer-1 chains. Using HybridCompute™ technology, developers can create hybrid dapps that incorporate off-chain compute and real-world data.

To apply for the Thrive Boba Ecosystem Grants, applicants can submit their proposals through the official Thrive Boba platform before the October 31 deadline. Eligible participants must be part of the Thrive Protocol Discord, have a connected wallet for grant funds, and link their X/Twitter and GitHub accounts. This initiative aims to empower developers and entrepreneurs to make a meaningful impact in the Web3 ecosystem.

Read more at Investing.com: Boba Network and Thrive Protocol Launch Thrive Boba Ecosystem Grants to Support Web3 Innovation By Chainwire