According to PANews, the IOTA Ecosystem DLT Foundation, based in Abu Dhabi, has launched the IOTA Grants program to support ambitious innovators and creators worldwide. The program aims to provide funding and support to help turn promising ideas into reality. It specifically focuses on four categories: open-source development, research, education, and events to promote innovation and growth within the IOTA ecosystem.
IOTA Grants allocates funds through a transparent evaluation process, ensuring that only projects that align with the IOTA Grants' objectives and have a positive impact on the IOTA ecosystem receive support. This initiative is designed to foster innovation and growth within the IOTA community by providing resources and assistance to those with promising ideas and projects.