Kadena, the first Layer 1 Proof-of-Work (PoW) protocol to address the Blockchain Trilemma of scalability, security, and decentralisation, has officially announced a $100 million award programme to accelerate the development and acceptance of game-changing blockchain technology.
The grant programme is part of the Kadena Eco initiative, which brings together top industry ideas, tech talent, and financing to drive Kadena’s ecosystem growth via the development and expansion of gaming, metaverse, NFT, Web3, DeFi, and DAO initiatives.
All applicants must be ready to accept Kadena’s “build in the open” concept, which includes providing content, tutorials, and product explainers to all relevant channels and communities.
Grant applications will be evaluated based on technical merit, specification specifics, team experience, and overall value to the Kadena ecosystem. In return, Kadena Eco will provide crucial mentorship, in-person collaborations, and substantial financial assistance.
Kadena Eco, led by CEO Francesco Melpignano, will accelerate the growth of blockchain technology by offering developers a unique, scalable architecture and secure smart contracts. He will collaborate with Decasonic’s founder and CEO, Paul Hsu, to provide capital, technical, and strategic assistance to initiatives.
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