The Cosmos community plans to spend 588,000 ATOM to launch a dedicated Grant program for Cosmos Hub

ChainCatcher news, the Cosmos community is voting on proposal 95 regarding the "Cosmos Hub Funding Program," which suggests spending 588,000 ATOM (approximately 8 million USD) to launch a dedicated Grant program for Cosmos Hub (ATOM Accelerator DAO). The grants will focus on open-source code, public goods, and ecosystem initiatives that create value for ATOM holders. The voting will end on February 11.

It is reported that this proposal can complement proposal 88 (Community Donation Pool) to serve community contributors and builders around the Hub. A review committee of 7 members manages the Multisig and allocates the funds. (Source link)