Empowering Developers: Thrive Boba Ecosystem Grants Announced
Thrive Boba Ecosystem Grants Launched
Boba Network, a leader in multichain layer-2 scaling, has teamed up with Thrive Protocol to launch the Thrive Boba Ecosystem Grants. This initiative aims to empower developers, entrepreneurs, and creators working on Boba's platform. Offering $200,000 in BOBA tokens, the program focuses on projects that enhance on-chain activity and expand the Boba ecosystem. Applications are welcomed until October 31, 2024.
Program Overview
The grants offer between $10,000 and $35,000 in BOBA tokens to eligible projects, with a focus on Decentralized Finance (DeFi), Gaming, and Generative AI. Both individuals and teams can apply. Each applicant must outline three critical milestones that guide the phased funding release. Completion of the initial milestones yields 15% of the grant, while the final milestone unlocks the remaining 70%.
Key Dates and Application Process
The application deadline is October 31, 2024, with notification of grant awards by November 19, 2024. Projects must submit proof of completion by February 25, 2025, with the season concluding on February 27, 2025. Grant disbursement occurs approximately two weeks later. Interested parties can apply via the official Thrive Boba platform. Participants must join the Thrive Protocol Discord, connect a wallet, and link their social media and GitHub accounts.
About Boba Network
Boba Network is an advanced multichain layer-2 solution utilizing roll-up technology for enhanced blockchain communication. It supports EVM-based tools and multichain deployments on Ethereum and BNB, offering swift transactions and significantly reduced fees. Powered by HybridCompute™ technology, Boba Network enables developers to create hybrid dapps by leveraging off-chain compute and real-world data, paving the way for innovative Web3 applications.
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