Porta Network, a Substrate-based Proof of Stake blockchain, announced today it is launching its Ecosystem Grant program. The company is focused on simplifying user and developer experience.
Since launching its ‘Padlock’ testnet, on Wednesday, August 11th, the project has seen a surge of 125+ developers building on it and 80+ new cryptocurrencies on its testnet created by developers.
To expand the Porta ecosystem, the company is looking to support early-stage projects built with Rust or Rust projects looking to connect to the Porta blockchain.
For 2021, Porta will be awarding up to $60k worth of grants dispersed in amounts of $10,000 and $15,000. It’s aiming to reward 2-4 grants for this initial run.
Ecosystem Grant Categories
- Decentralized AMMs/IDOs protocols
- Gaming
- NFTs
- DeFi lending protocols
- Bridges
- Decentralized P2P trading platforms
- Development tools
- Privacy
- New Idea
Key Dates
- Application deadline – 19th Sept 2021
- Grant winners announced – 30th Sept 2021
Application Process
- Step 1: Submit grant application.
- Step 2: Interview to determine if the project is a good fit.
- Step 3: Grant winners are announced.
- Step 4: Onboarding & milestone setting.
- Finish: Grant distribution.
Application best practices and Ecosystem Grants FAQs can be located on the Porta website.
Porta Community, a Substrate-based Proof of Stake blockchain, introduced in the present day it’s launching its Ecosystem Grant program. The corporate is targeted on simplifying consumer and developer expertise.
Since launching its ‘Padlock’ testnet, on Wednesday, August eleventh, the challenge has seen a surge of 125+ builders constructing on it and 80+ new cryptocurrencies on its testnet created by builders.
To develop the Porta ecosystem, the corporate is seeking to help early-stage tasks constructed with Rust or Rust tasks trying to hook up with the Porta blockchain.
For 2021, Porta can be awarding as much as $60k value of grants dispersed in quantities of $10,000 and $15,000. It’s aiming to reward 2-4 grants for this preliminary run.
Ecosystem Grant Classes
- Decentralized AMMs/IDOs protocols
- Gaming
- NFTs
- DeFi lending protocols
- Bridges
- Decentralized P2P buying and selling platforms
- Improvement instruments
- Privateness
- New Thought
Key Dates
- Utility deadline – nineteenth Sept 2021
- Grant winners introduced – thirtieth Sept 2021
Utility Course of
- Step 1: Submit grant software.
- Step 2: Interview to find out if the challenge is an effective match.
- Step 3: Grant winners are introduced.
- Step 4: Onboarding & milestone setting.
- End: Grant distribution.
Utility finest practices and Ecosystem Grants FAQs could be positioned on the Porta web site.
