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amp_entity_view_alter(Array, Object, Object) (Line: 545)
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Drupal\Core\DrupalKernel->handle(Object) (Line: 18)

Ethereum Gives Away $3 Mln to Support Blockchain Startups

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Tue, 16/10/2018 - 11:25
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Ethereum Gives Away $3 Mln to Support Blockchain Startups
Cover image via U.Today
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Judging by Monday’s blog post of the Ethereum Foundation, the team in charge of grants has given away nearly $3 mln to various startups and single entrepreneurs working with the Ethereum Blockchain, in particular on improving scalability, usability or just creating new tools for developers.

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Initially, the program of grants was targeted to underpin the development of the Ethereum network, ETH-based dApps and smart contracts.

The largest sums in grants were awarded to Status and Prysmatic Labs — they got $500,000 each — in order to develop Ethereum 2.0 clients.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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