Boba Network, a frontrunner in multichain layer-2 scaling solutions, has partnered with Thrive Protocol to introduce the Thrive Boba Ecosystem Grants. This initiative allocates $200,000 in BOBA tokens to support developers, entrepreneurs, and creators enhancing the Boba ecosystem, with applications open until October 31, 2024.
The Thrive Boba Ecosystem Grants offer funding between $10,000 and $35,000 in BOBA tokens to eligible projects in Decentralized Finance (DeFi), Gaming, and Generative AI. Applicants must identify three key milestones, guiding the phased disbursement of funds: 15% after each of the first two milestones, and 70% upon completing the final milestone.
Key dates for the grant program include application deadlines on October 31, 2024, grant award notifications on November 19, 2024, and project proof submission by February 25, 2025, with disbursement occurring about two weeks after the program’s conclusion.
Participants must join the Thrive Protocol Discord, connect their wallets, and link their X/Twitter and GitHub accounts. Alan Chiu, Co-founder of Boba Network, expressed enthusiasm for empowering developers to innovate with Boba’s technology. Thrive Protocol CEO Daniel Jacobs emphasized the initiative’s potential to drive impactful advancements in DeFi, Gaming, and AI within the Boba ecosystem.
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