The Interchain Foundation announced that it will invest US$26.4 million in the Cosmos ecosystem in 2024, as follows:
· US$3,000,000 to ensure CometBFT’s continued modularity, efficiency and stability;
· $4,500,000 to expand the composability of the Cosmos SDK;
· $7,500,000 will be allocated to inter-blockchain communication protocols;
· $2,500,000 will be allocated to CosmWasm, a smart contract framework focused on security, performance, and interoperability to enhance DApp functionality and IBC connectivity;
$155,000 will be allocated to CosmJS, a library that helps developers integrate their JavaScript-based clients with the Cosmos SDK blockchain to bridge the Cosmos SDK compatibility gap;
· $2,500,000 will be used for security audits of inter-chain stacks. (CoinDesk)