Starknet Foundation Launches Seed Grants Program with $5 Million in Funding

According to official news, the Starknet Foundation announced the launch of the Seed Grants Program, a new program designed to accelerate and lead new trends in leading DApps, infrastructure, and tools in all categories in Web3. It is reported that the program will provide ecosystem developers with approximately $5 million in grants, supporting at least 200 teams, with a single grant amount of 25,000 USDC. Previously, the program has completed a small pilot, providing 20 teams with a total grant value of $500,000. The new program is aimed at projects that have developed a minimum viable product (MVP) or proof of concept and plan to use or build existing Starknet tools and integrations. All teams need to come up with a clear plan detailing how to use the grant in the next three months.