.FantomFDN launches $FTM ecosystem vault: Here's who can apply for funding Fantom
In a transparent, community-driven manner, the Ecosystem Vault funds will support the progress of early-stage start-ups focused on using Fantom blockchain for their decentralized applications .
Projects building and deploying on the Fantom blockchain are invited to apply for an amount of funding equal to the current amount held in the vault as of the moment of application.Just like on other mainstream blockchains, applicants should publish their proposals on a community forum. Every application should include a detailed description of development goals, timelines, KPIs and so on.
The grants will be distributed through a LlamaPay solution. Four programs are available as of now. Applicants can claim 500,000 FTM for a one-month program, up to 1.5 million FTM for a three-month program and up to three million for a six-month program, while 3+ million FTM bonuses will be awarded to applicants with 12-month programs.
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