Web3 Foundation launches a $20 million and 5 million DOT funding program for Polkadot ecosystem projects

ChainCatcher news, the Web3 Foundation has launched a $20 million and 5 million DOT funding program for Polkadot ecosystem projects called "Decentralized Futures." The main goal of this program is to expand the network by increasing self-sustaining participants.

Funding is available for profit-driven organizations centered around Polkadot, as well as non-profit enterprises with strategies to ensure ongoing financing through Polkadot's on-chain funding system after 2024. Reviews will begin in November, decision-making will start in December, and applications will close in June 2024.