Boba Network and Thrive Protocol Launch Thrive Boba Ecosystem Grants to Support Web3 Innovation

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Boba Network and Thrive Protocol Launch Thrive Boba Ecosystem Grants to Support Web3 Innovation
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Boba Network and Thrive Protocol Launch Thrive Boba Ecosystem Grants to Support Web3 Innovation

, a program aimed at empowering developers, entrepreneurs, and creators building on Boba. This initiative offers $200,000 in BOBA tokens for projects that drive on-chain activity and expand the Boba ecosystem. Applications are open through October 8, 2024.Applicants are asked to outline three critical milestones for their projects, which will guide the phased release of grant funding:: Successful completion and verification of the final milestone unlocks 70% of the grant.

The Thrive Boba Ecosystem Grants program is an essential step forward in Boba’s mission to help developers build the best dapps possible,” said Alan Chiu, Co-founder of Boba Network. “We are excited to see developers and entrepreneurs leverage Boba’s technology such as HybridCompute to drive innovation in the Web3 ecosystem.”

“By partnering with Boba, Thrive Protocol aims to encourage builders who are shaping the future of decentralized applications,” added Daniel Jacobs, Thrive Protocol CEO. “This grant initiative will empower participants to create meaningful impact across key areas like DeFi, Gaming, and AI on Boba.”Boba Network is an optimistic-based multichain layer-2 scaling solution that aims to unlock the potential of roll-up technology and enable more flexible blockchain communication.

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