Web3 Foundation Announces 23rd Batch Of Grant Projects

According to Foresight News, the Web3 Foundation has revealed the recipients of its 23rd batch of grants, with a total of eight projects receiving funding. The grants are distributed across various categories, including developer tools, blockchain and modules, research, UI development, and layer-two protocols. In the developer tools category, the projects subxt-python and Polkadart Follow-up were awarded grants. These tools aim to enhance the development ecosystem for Web3 technologies. In the blockchain and modules category, Subcoin and xcNFT received funding, focusing on innovations within blockchain infrastructure and non-fungible tokens (NFTs). The research category saw grants awarded to the ISO20022 Ecosystem Research and Technical Design project and an open-source contributor funding experiment. These projects are expected to advance the understanding and technical capabilities of the Web3 ecosystem. In the UI development category, AgriDot was the recipient, aiming to improve user interface experiences within the Web3 space. Lastly, in the layer-two protocols category, the P2P State Channels project received funding. This project focuses on enhancing scalability and efficiency in blockchain transactions through peer-to-peer state channels.