Boba Network and Thrive Protocol Start Thrive Boba Ecosystem Grants to support Web3 innovations

Boba Network and Thrive Protocol Start Thrive Boba Ecosystem Grants to support Web3 innovations

San Francisco, United States, October 17, 2024, Chainwire

BOBA Network, a leading provider of MultiChain-Layer-2-scaling solutions, has launched Thrive Boba Ecosystem Grants in cooperation with Thrive Protocol, which aims to strengthen developers, entrepreneurs and creators on the basis of Boba. This initiative offers Boba token worth $ 200,000 for projects that drive the activity in the chain and expand the BOBA ecosystem. Applications are possible until October 8, 2024.

program overview and right to participate

Thrive Boba Ecosystem Grants provide eligible projects $ 10,000 and $ 35,000 in Boba tokens . The program is open to both individuals and teams and searches for projects within this group decentralized financing (Defi), gaming and generative ki

The applicants are asked to outline three important milestones for their projects that serve as a guide for gradual approval of the funding:

  • milestone 1 and 2 : After completing and checking each milestone, the recipients receive 15 % of their total grant.
  • milestone 3 : The successful completion and checking of the last milestone are unlocked 70 % of the grant.

Important dates for Thrive Boba Season 1

  • application deadline : October 31, 2024
  • notification of subsidies : November 19, 2024
  • Submission of the proof of the project : February 25, 2025
  • season 1 ends : February 27, 2025
  • Payment of the subsidy : About two weeks after the end of the first season

application process and requirements

applicants can submit their funding applications via the official thrive boba platform under https://thriveboba.com until October 31, 2024. Discord connect your wallet (entitled to Spectrum) and link your X/Twitter and Github accounts.

The Thrive Boba Ecosystem Grants program is an essential step forward in Boba's mission to help developers build up the best possible dapps, "said Alan Chiu, co-founder of Boba Network." We are pleased that developers and entrepreneurs use Bobas technology such as hybrid compute to advance innovations in the web3 ecosystem. "

"Thrive Protocol wants to encourage developers who shape the future of decentralized applications," added Daniel Jacobs, CEO of Thrive Protocol. "This grant initiative will enable the participants to achieve sensible effects in key areas such as Defi, Gaming and AI on Boba."

About Boba Network

BOBA Network is a multichain layer 2 scaling solution based on optimism, which aims to exploit the potential of roll-up technology and enable more flexible blockchain communication. The protocol is fully compatible with EVM-based tools and already offers multi-chin support for Ethereum and BNB, which supports lightning-fast transactions and fees that are between 40 and 100 times lower than the respective layer 1. Boba Network based on the Hybrid Compute ™ technology, which brings the performance of Web2 to the chain Contracts that enable visionary developers to use off-chain computing and real data to create hybrid dapps that combine people with the future of blockchain applications.

website: https://boba.network

Twitter: @Bobanetwork

LinkedIn: https://www.linkedin.com/company/bobanetwork/

Contact

Marketing Manager
gian kim
enya labs [email protected]

Source: Coinlist.me