The Fantom Foundation is launching an accelerator program to incubate the development of up to five selected projects.
The program is aimed at fostering innovation within Fantom's Sonic technology stack. Fantom is the 35th largest chain by total value locked, according to DeFiLlama. Fantom Foundation is the non-profit dedicated to advancing the Fantom blockchain's ecosystem.
The program offers grants totaling 1,000,000 FTM (approximately $294,000) for developing each project's Minimum Viable Product. In addition to financial backing, selected projects will receive technical support, co-marketing, and mentorship from Fantom leaders, including Andre Cronje, the Director at Fantom Foundation.
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#undefined [Source: TheDefiant]