The foundation’s focus is on driving engagement with the Aptos ecosystem and supporting its development, with an emphasis on public good services, infrastructure, and open-source development. The foundation has also opened its next wave of grant applications in April.
Aptos Decentralized Network Recieves Support
Aptos Foundation, a Cayman Islands-based organization that supports the growth and development of the Aptos protocol, has announced its first round of grant recipients.
BSC News has received a press release confirming that the foundation has awarded a total of $3.5 million in grants to 50 new project teams to continue scaling on the Aptos blockchain.
The grants were distributed across four categories: developer tooling, infrastructure, education, and ecosystem. Notable recipients in these categories include Mokshya and Pontem for developer tooling, Aries and KYCDao for infrastructure, Overmind and Aptos Eden for education, and Tsunami and Topaz for ecosystem development.
The Aptos Foundation is committed to driving engagement with the Aptos ecosystem and supporting the development of the Aptos protocol, decentralized network, and ecosystem. By empowering builders and creators to shape the network and bolster its public utility, the foundation aims to foster a collaborative, sustainable, and innovative environment for the success of Aptos and the broader web3 ecosystem.
Bashar Lazaar, who brings years of relevant business development experience from Consensys, will join the Aptos Foundation team as the Grants & Ecosystem Lead to spearhead the growth of the grant program moving forward.