Blockchain technology has revolutionized the digital landscape, and securing funding for your blockchain project is vital to turn your innovative ideas into reality. In this article, we will explore the top 10 blockchain grants that can provide the financial resources needed to fuel your Web3 innovation and contribute to the growth of the overall blockchain ecosystem.
As the blockchain development sector continues to thrive with a projected market size of $163+ billion by 2029 and a staggering CAGR of 56%+, it’s no surprise that hundreds of blockchain-based projects emerge daily. With each ecosystem and protocol striving to preserve its value and significance, community-based development initiatives have become a cornerstone for progress. Many blockchain projects now offer grant programs to incentivize contributors and identify the most promising use cases aligned with their mission, vision, and values.
Top 10 Blockchain Grants in 2023
To help you kickstart your journey, here are some top blockchain ecosystem grants worth considering:
Aptos Foundation Grant Program: Accelerate the growth of the Aptos ecosystem by applying for this grant. It supports developer tooling, blockchain development tools and frameworks, core protocol contributions, open-source materials, and a broad range of apps.
Injective’s Global Virtual Hackathon: Participate in this annual virtual event sponsored by Injective, a layer-1 blockchain combining the functionality of Cosmos and Ethereum for DeFi. This hackathon welcomes developers and technologists of all levels to contribute innovative Web3 financial applications during a 1-month online event. Win up to $1,000,000 in monetary prizes.
NEAR Grants Program: NEAR Foundation has been deeply focused on developing other funding programs within the ecosystem since the start of 2022. Since the creation of Proximity Labs and Aurora and the launch of their own grants program, NEAR Foundation has been redirecting DeFi projects to Proximity and EVM-based projects to Aurora.
EOS Network Foundation: EOS actively finances projects and initiatives that advance the ecosystem. Through direct investments, sponsored working groups, and long-term product development, EOS creates positive-sum games, which allow EOS to continue maturing a best-in-class blockchain ecosystem.
Chainlink Grant Program: Contribute to the Chainlink ecosystem and receive support through their grant program. Focus on accelerating the Oracle and Network Security Cycle by developing critical developer tooling, high-quality blockchain data, and new services on Chainlink.
The Solana Foundation Grants Program: The Solana Foundation sponsors community initiatives to enhance growth, decentralization, and cybersecurity. Grants are available for DAO and developer tooling, academic research, financial inclusion projects, and more.
Osmosis Grants Program: Add value to the Osmosis system and leverage the Osmosis stack by applying for this grant. It supports projects related to analytics, critical tooling, infrastructure, and ecosystem growth. Over $2.8 million has been distributed to applicants.
Velas Grants Program: Velas, a transparent blockchain ecosystem built with user privacy in mind, offers a $100 million grants program. It supports projects related to DeFi, NFTs, games, educational apps, and dApps that bridge Velas and off-chain sectors.
Coreum Development Grants: Coreum supports open-source projects that contribute to the blockchain’s growth and scalability. Grants are available for developers with a solid portfolio, development expertise, and an existing developer community.
Celo Foundation’s Grant Kit: The Celo Foundation has launched a grant program to nurture the community’s efforts and fund valuable projects. Importantly, the Celo Foundation Grant program is not a source of venture capital funding. Applicants to the Celo Foundation Grant program are expected to have a viable product or offering for the community.
Before embarking on your funding journey, it’s crucial to understand the various crypto grant programs available. Remember, each grant program has specific criteria, so tailor your applications accordingly and seize the opportunity to bring your groundbreaking blockchain project to life.
If you’re ready to embark on your funding journey and need support with your Pitch Deck, get in touch with us, and let’s unlock the full potential of Web3 together!
