Aleph Zero Launches $50M Fund

Aleph Zero announced on April 18 that it has launched the $50 million Ecosystem Funding Program.
 Aleph Zero Launches $50M Fund
READING NOW Aleph Zero Launches $50M Fund

Aleph Zero announced on April 18 that it has launched the $50 million Ecosystem Funding Program.

The Aleph Zero Foundation aims to support developer teams to build on the platform and advance the global adoption of blockchain. Commenting on the subject, Aleph Zero co-founder Antoni Zolciak said: “The Aleph Zero Ecosystem Finance Program aims to fund innovations from developer teams that expand the capabilities, functionality and adoption of the Aleph Zero blockchain.”

Developers Can Enjoy Many Opportunities

The project aims to attract developers by providing comprehensive support such as helping with business feasibility, regulatory compliance and community building. In addition to providing access to a trusted public network, the foundation aims to share its own experience in building something from scratch with users.

Successful project owners who are eligible to participate in the Ecosystem Financing Program will be able to receive grant funds of up to $500,000. Additionally, grantees will gain exclusive access to Aleph Zero’s venture capital pool, from Amazon Web Services to infrastructure loans, and from Kudelski Security to security design consulting. In this context, Aleph Zero’s partner network will also provide marketing, branding, UX, product design and operational support when needed.

Ecosystem Funding Program; NxGen is backed by many companies including Diamond Atlas Capital, BlackDragon, Necker Ventures, Cardinal Ventures and Bellwether Rocks.

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