The Ethereum Foundation will launch a new round of grant applications from February 27th to March 31st, 2023 to encourage development, research, and education around account abstraction and the necessary infrastructure to support account abstraction, including Webauthn transaction verification, account Abstracts block explorers, bundlers, P2P messaging, sequencer RPC, etc. The purpose of this round of grants is to promote and launch multiple new projects related to account abstraction. The budget for a single proposal is capped at $50,000. Projects can apply for additional funding from the standard grant program. This round of grants can be allocated up to Community $300,000.