ChainCatcher news, the interoperable Layer2 protocol Coinweb has announced the launch of a $10 million grant program to fund developers building and deploying dApps and Web3 services on its infrastructure platform. Depending on the category, type of dApp, and development stage, grant amounts range from small one-time grants to $300,000. The core focus areas of the grant program include DeFi, DEX, wallets, lending, gaming, NFTs, and SocialFi.

ChainCatcher news, Layer 2 cross-chain computing platform Coinweb has completed a $2 million financing, with licensed fund management company SAVA Investment Management, registered in the Cayman Islands and British Virgin Islands, purchasing 6% of the total supply of CWEB tokens.It is reported that Coinweb is used to run decentralized applications across multiple different blockchains. Coinweb launched the cross-chain tokenization platform LinkMint and the native marketplace DeconX in 2022. Coinweb Labs is responsible for building third-party projects and incubating new projects on the Coinweb protocol. (source link)

ChainCatcher news, BMW plans to integrate blockchain technology into its daily operations and create a blockchain loyalty program for its customers in Thailand.Coinweb will develop a customized Web3 application for BMW's customer loyalty program, which will use a blockchain-based rewards system to incentivize customers of the BMW Group. The level and status of customers within the ecosystem will depend on the loyalty rewards they earn through various activities. Additionally, vehicle owners will be able to use their rewards to purchase goods and services from BMW and future related ecosystems, while the BNB Chain will be used for transaction settlement. (source link)