The Interchain Foundation plans to allocate 26.4 million dollars next year

According to ChainCatcher news, CoinDesk reported that the Interchain Foundation, which supports Cosmos, plans to allocate $26.4 million in funding in 2024. Of this, $3 million will ensure the continued modularity, efficiency, and stability of CometBFT (a Byzantine Fault Tolerance engine for state machine replication), $4.5 million will be used to enhance the composability of the Cosmos SDK, $7.5 million will go towards inter-chain communication protocols, $2.5 million will be allocated for the smart contract framework CosmWasm, $155,000 will be allocated to CosmJS (which helps developers integrate JavaScript-based clients with Cosmos SDK blockchains), and $1.5 million will be used for the security audit of the Interchain Stack.