• Tue. Nov 26th, 2024

Arbitrum and Alchemy Team Up On Grants Promoting Orbit Chain Development

Nov 26, 2024

Arbitrum is working with Alchemy to promote development within its Orbit ecosystem.

On Nov. 26, Alchemy, a web3 infrastructure provider, opened applications for a $10 million grant program to teams building chains leveraging the Arbitrum Orbit tech stack.

Recipients of the Alchemy Proactive Ecosystem Grant Fund will receive up to $500,000 worth of credits towards Alchemy rollup-as-a-service infrastructure. Eligible projects include teams launching new Arbitrum Orbit-based rollups or migrating existing chains onto Orbit.

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[Source: TheDefiant]

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