- The MultiverseX Foundation is launching a $1.5 million annual grant program to drive innovation at the intersection of blockchain and AI, two of the biggest technologies in recent years.
- The program provides phased funding focused on ecosystem activation, expansion and growth.
VADUZ, Liechtenstein, December 20, 2024 (GLOBE NEWSWIRE) — The MultiverseX Foundation announced the launch of Growth gamesa $1.5 million annual grant program aimed at driving innovation and adoption of blockchain-based AI products and solutions, such as truth guarantees, high-performing and automated AI agents and much more. As the official MultiverseX grant program, Growth Games provides structured financial incentives, mentorship, and community engagement to empower developers to bring transformative ideas to life.
With an annual budget of $1.5 million, Growth Games reflects MultiverseX’s commitment to advancing the adoption of blockchain technology across multiple verticals and use cases. The program is designed to foster a vibrant developer community and promote innovation in critical verticals, including decentralized finance (DeFi), artificial intelligence (AI), infrastructure, and education.
Growth Games is divided into three distinct funding programs:
- THE Build pillar spends $750,000 per year on onboarding new builders and teams from outside the ecosystem to build applications, tools, and infrastructure using MultiversX technology. Leveraging a request for proposal (RFP) template, this program invites innovative projects that improve infrastructure, develop essential tools, and create impactful applications. The goal is to fill critical gaps within the MultiverseX ecosystem, improving its robustness and comprehensiveness.
- Meanwhile, the Accelerate pillar sets aside $250,000 each year to focus on supporting teams already established within the MultiverseX ecosystem, helping them improve and scale their projects.
- Last pillar of the program, the xLaunchpad and co-incubation initiativeallocates $500,000 per year to support more than 5 innovative projects, each eligible for funding of up to $100,000. In addition to financial support, participants receive mentorship, strategic advice, marketing resources and community engagement to ensure their success.
Beyond financial support, Growth Games also drives engagement through hackathons And retroactive contributor grantsguaranteeing continuous innovation.
“Growth Games presents an important acceleration step for MultiversX and the broader blockchain community,” said Beniamin Mincu, Co-founder of MultiversX. “This $1.5 million initiative is a call to innovators and builders to build, accelerate and launch the products that will make our lives better. ยป
To ensure accountability and impact, Growth Games applications will be assessed by a dedicated review panel, funding will be distributed based on clear milestones and grantees will provide regular progress reports detailing their KPIs, achievements and their challenges. This transparent process ensures that every dollar invested contributes to meaningful progress within the ecosystem.
Growth Games marks an important milestone for MultiversX, demonstrating its commitment to innovation and the evolution of its ecosystem. By offering $1.5 million in financial incentives and strong support, the program aims to propel blockchain development into a new era, empowering developers to solve complex challenges and redefine what is possible in blockchain. decentralized technology.
Applications are open, visit
About MultiverseX
MultiversX is a highly scalable public blockchain via sharding, decentralized via 3,200 validator nodes, designed to solve the three fundamental problems essential for widespread and global adoption: the transition from dial-up to broadband, a consumer-friendly experience and the simplicity of self-care.
For more information, visit https://multiversx.com.
Contact
Alexander Rus
Community & CS Manager
alexandru.rus@multiversx.com
Disclaimer: This content is provided by MultiversX. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release does not constitute an investment solicitation nor is it intended to constitute investment advice, financial advice or trading advice. It is strongly recommended that you perform due diligence, including consulting a professional financial advisor, before investing in or trading cryptocurrencies and securities. Please do your own research and invest at your own risk.
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