Starknet Foundation: Will provide approximately $5 million in funding for developers

ChainCatcher news, the Starknet Foundation announced on social media the launch of a seed funding program, which will provide approximately $5 million in funding for its developers, aiming to support at least 200 additional teams, with a single grant amounting to 25,000 USDC.

Previously, the Starknet seed fund program completed a small pilot, providing a total of $500,000 in funding to 20 teams. The new program is aimed at projects that have developed a minimum viable product (MVP) or proof of concept and plan to use or build upon existing Starknet tools and integrations.

It is reported that the Starknet seed fund program aims to provide non-dilutive funding to support teams that promote the development of the Starknet ecosystem.