Coinworld.net Report:
[Press Release – San Francisco, USA, October 17, 2024]
Boba Network, the leader in multi-chain layer 2 scaling solutions, has partnered with Thrive Protocol to launch the thriving Boba ecosystem grant, a program aimed at empowering developers, entrepreneurs, and creators with Boba as the foundation. The program offers $200,000 worth of BOBA tokens for projects that promote on-chain activity and expand the BOBA ecosystem. The application deadline is October 8, 2024.
Project Overview and Eligibility
The thriving Boba ecosystem grant provides funding in the form of $10,000 and $35,000 worth of BOBA tokens to eligible projects. The program is open to individuals and teams working on decentralized finance (DeFi), gaming, and generative artificial intelligence (AI) projects.
Applicants are required to outline three key milestones of their projects, which will guide the phased disbursement of grants:
Milestones 1 and 2: Upon completion and verification of each milestone, the grantee will receive 15% of their total grant.
Milestone 3: Successful completion and verification of the final milestone will unlock 70% of the grant.
Key Dates for Season 1 of “The Thriving Boba”
Application deadline: October 31, 2024
Grant notifications: November 19, 2024
Project completion proof submission: February 25, 2025
Season 1 ends: February 27, 2025
Grant disbursement: Approximately two weeks after the end of Season 1
Application Process and Requirements
Applicants can submit grant applications through the official Thrive Boba platform at https://thriveboba.com before October 31, 2024. To be eligible, participants must join the Thrive Protocol discord, connect their wallet (eligible for grants), and link their Twitter and GitHub accounts.
Alan Chiu, co-founder of Boba Network, stated, “The thriving Boba ecosystem grant program is an important step forward in Boba’s mission to empower developers to build the best dapps. We are excited to see developers and entrepreneurs leveraging Boba’s technologies like HybridCompute to drive innovation in the Web3 ecosystem.”
Daniel Jacobs, CEO of Thrive Protocol, added, “Through our collaboration with Boba, Thrive Protocol aims to encourage builders who are shaping the future of decentralized applications. This grant program will enable participants to make a meaningful impact on Boba in key areas such as DeFi, gaming, and artificial intelligence.”
About Boba Network
Boba Network is an optimistic multi-chain layer 2 scaling solution designed to unleash the potential of rollup technology for more flexible blockchain communication. The protocol is fully compatible with EVM-based tools and has deployed multi-chain support for Ethereum and BNB, enabling lightning-fast transactions and lower fees of 40-100X compared to their respective layer 1 counterparts. Boba Network employs HybridCompute™ technology, which brings the power of Web2 to the blockchain and enables smarter smart contracts, allowing visionary developers to leverage off-chain computation and real-world data to build hybrid distributed applications that connect people with the future of blockchain applications.
Website:
https://boba.network
Twitter:
@internet
LinkedIn:
https://www.linkedin.com/company/bobanetwork/
