Nov 24, 2022 Frank Stewskid

Casper launches a new funding program worth $25 million

The Casper blockchain network has announced the launch of its new funding initiative, called “Casper Accelerate Grants Program”. The $25 million grant aims to support developers and other creators working on building dApps and infrastructure projects bringing research and innovation to the network.

Grant applications submitted to the project will be reviewed and approved by its team, based on conditions including the possible impact on the whole Casper ecosystem’s growth.

Besides launching the new funding program, Casper is also creating a digital portal supporting developers and builders on the network with various tools and prewritten code. The platform is expected to be released during Q1 2023. 

Casper is a Proof-of-Stake (PoS) network targeting the enterprise-blockchain field, by helping businesses build private, permissionless apps while adopting blockchain technology. At the same time, the project also attempts to solve the scalability trilemma, by featuring upgradeable smart contracts and lower gas fees compared to other Layer 1 blockchains, among other perks. 

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