Mintlayer, the Bitcoin secondary chain, recently launched open source development Grant program with $4 million worth of ML tokens available for developers.
Mintlayer Finance Innovation in Bitcoin ecosystem
The Mintlayer grants initiative is precisely that designed for projects that would be valuable for mintlayer protocol But it may not necessarily be profitable. Projects that can create value within the Mintlayer ecosystem, but may not include a pre-customized version token or generate a revenue stream, we encourage applying for Grant. Those who may be eligible for Funding includes those related community-building, research, education or usability improvement of mintlayer protocol.
Interested candidates can apply for Bonus through the Mintlayer ecosystem by providing a detailed explanation of Their project, personal details and relevant documents are displayed ability to realize their idea. Recipients will be selected based on on how Well, their vision matches with Mintlayer road map.
Enrico Roboli, CEO of RBB Lab, a grant initiative aimed at attract the best teams, projects, and ideas for the bitcoin ecosystem via mintlayer. in this wayand developers They have the resources to bring their innovative ideas to life.
The Mintlayer Ecosystem Fund, a partnership between blockchain-oriented investors and other stakeholders of The Mintlayer ecosystem, dedicated to driving innovation in The emerging decentralized finance (DeFi) ecosystem centered around Bitcoin and built on mintlayer.
The fund invests in the first place in Projects submitted unique And novel contributions that help Make bitcoin more Practical and interoperable with various DeFi use cases. Most of the investments are expected from the Fund range From $50,000 to $200,000, which provides great value support for early stage projects.
Mintlayer grants drive encryption market growth
Mintlayer grants are very crucial as institutional crypto investments are declined in 2022.
According to a recent report by James Butterville, crypto fund investments in 2022 was the lowest since 2018, with digital assets Seeing total inflows of just $433 million for Entire year. That’s a staggering 95%. decrease Compared to 2021, when inflows totaled $9.1 billion, 93% drop From 2020 when the inflows reached $6.6 billion. the challenge year for Crypto markets are further highlighted by decline in the global market It started at $2.3 trillion and ended at $829 million in Loss of about 64% of The marketposts value.posts
mintlayer also He rushes forward programs for experienced teams with Clear ideas and roadmaps ready for implementation. specified teams will be able to work Carefully with senior venture capitalists and consultants, who will provide guidance, support with Fundraising, help in going to market according to their intent schedule.
In addition, Mintlayer promotes free and open source development through its grants initiative. Like encryption market continue evolveinitiatives like This can play decisive role in driving growth and accreditation of blockchain technologyespecially in bitcoin.
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