ChainCatcher news, according to CoinDesk, the Web3 Foundation supporting the Polkadot blockchain has announced the launch of a new funding program called "Decentralized Futures," which will allocate over $25 million to Web3 projects.As of September, more than 250 projects have submitted applications, including blockchain-related solutions in areas such as deployment tools, DeFi, social media, gaming, and recruitment, with over 50 new projects successfully passing the review. The launch of this funding program aims to further promote the development and innovation of the Polkadot ecosystem, attracting more developers and projects to join the Polkadot network.

ChainCatcher news, according to Chainwire, the blockchain interoperability protocol Hyperbridge has completed a $2.5 million seed round financing, led by Web3 Foundation and Scytale.It is reported that Hyperbridge is a cross-chain interoperability solution, and the protocol has also secured a parachain slot in the Polkadot ecosystem, reinforcing its commitment to deep integration and leveraging Polkadot's unique advantages.

ChainCatcher news, according to official news, the Mina Foundation has appointed former Chief Legal Officer of the Web3 Foundation, Daniel Schoenberger, as General Counsel.

ChainCatcher message, Web3 Foundation CEO fabi commented on the controversial Polkadot treasury issue, "This is not an expenditure of the Web3 Foundation, but rather on-chain treasury spending decided by community vote. The foundation has over 5 years of funding support (runway) and will not sell any DOT.In addition, treasury funds will continue to flow in and will never run out of funds. The treasury should use its funds for more existing initiatives not covered by the foundation. Some unused on-chain funds are even automatically burned. However, I personally agree with the overall point here. Over the past few months, the on-chain treasury has spent too much on activities with potentially low returns on investment."

ChainCatcher news, according to Cointelegraph, a Web3 Foundation researcher has proposed a new request for comments (RFC-0092) to shorten the unbonding period for staked tokens on Polkadot from 28 days to 2 days.

ChainCatcher news, according to Chainwire, Polkadot has launched PolkaPort East in Hong Kong to enhance the decentralization of ecosystem development. The Web3 Foundation, an entity supporting the development of the Polkadot ecosystem, has granted a donation to PolkaPort East.PolkaPort East is an independent entity responsible for leading Polkadot's investor relations and growth initiatives centered around Hong Kong and the Guangdong-Hong Kong-Macau Greater Bay Area. The DF funding from the Web3 Foundation is the first of its kind awarded to an organization in Asia.

ChainCatcher message, the Web3 Foundation announced the 21st batch of Grant projects, with a total of 12 projects receiving funding:Award-winning projects in the chain and module track include DOT Login, Relai Network, David Semakula;Award-winning projects in the tools, API, and language track include Lastic, gmajor-encrypt, inkscope.xyz;The award-winning project in the network protocol track is Algorealm;Award-winning projects in the user interface track include Igor Stojanov and the Philoniare team;The award-winning project in the wallet track is MLabs;The award-winning project in the cryptography track is Rui Morais;The award-winning project in the research track is Zondax AG.

ChainCatcher news, according to CoinDesk, the Web3 Foundation (W3F) behind the Polkadot ecosystem has announced a prize pool worth 10 million DOT (approximately 74.5 million USD) aimed at "promoting the diversity of JAM protocol development."It is reported that the JAM protocol combines elements of both Polkadot and Ethereum, and W3F is seeking developers through the JAM implementer grant to diversify and strengthen the network's resilience. JAM stands for "Join-Accumulate Machine," providing a global singleton permissionless object environment, similar to the smart contract environment pioneered by Ethereum.

ChainCatcher news, the Web3 Foundation will invest part of its funds in real-world assets (RWA) through Centrifuge, starting with a pilot investment of $1 million.This investment is part of its strategic mission to promote Web3 projects through funding, advocacy, and collaboration.

ChainCatcher news, according to The Defiant, the new CEO of the Polkadot development organization Web3 Foundation, Fabian Gompf, stated in an interview that Polkadot is about to undergo a significant transformation. Polkadot will soon abandon the parachain slot auctions and adopt a new mechanism that allows application developers to rent block space as needed.

ChainCatcher news, the Web3 Foundation has launched a $20 million and 5 million DOT funding program for Polkadot ecosystem projects called "Decentralized Futures." The main goal of this program is to expand the network by increasing self-sustaining participants.Funding is available for profit-driven organizations centered around Polkadot, as well as non-profit enterprises with strategies to ensure ongoing financing through Polkadot's on-chain funding system after 2024. Reviews will begin in November, decision-making will start in December, and applications will close in June 2024.

ChainCatcher news, the Polkadot development organization Web3 Foundation announced the end of the 19th funding round, with a total of 33 projects receiving funding, amounting to over 1.1 million dollars. Among the 33 funded projects, 8 are related to user interfaces, 8 are related to chains and pallets, 3 are related to smart contracts, 10 are related to tools, APIs, and languages, 1 is related to research, and 3 are related to wallets.

ChainCatcher news, the Web3 Foundation announced that it will allocate 20 million Swiss francs and 5 million DOT tokens in 2024, aimed at supporting teams and individuals who wish to contribute to the success of Polkadot. More details about the launch date and how to apply for funding will be announced in the coming weeks.

ChainCatcher news, according to the official announcement, the Web3 Foundation has appointed Fabian Gompf as CEO. Fabian Gompf joins the executive team of the Web3 Foundation and currently serves as a member of the supervisory board. Before 2022, he served as the Vice President of Ecosystem Development at Parity Technologies, responsible for building and launching the Polkadot network. The former CEO of the Web3 Foundation, Bertrand Perez, will take on the role of advisor.

ChainCatcher news, the Web3 Foundation announced the 18th batch of grant recipients, providing a total of approximately $780,000 in grants to 36 projects, including Web3 data solution Wunderbar Network, Polkadot ecosystem ETF network Ideal Labs, smart contract Collective Intelligence Labs, trading tracking tool TradeLink, research institution Scio Labs, and cryptocurrency wallet Interstellar.According to a previous report by ChainCatcher on April 10th, the Web3 Foundation announced the 17th batch of grant recipients, providing a total of approximately $1,000,000 in grants to 46 projects.

ChainCatcher news, the Web3 Foundation announced the 17th batch of grant recipients, providing a total of approximately $1 million in grants to 46 projects, including ChainSafe, OmniBTC, Tellor, FuzzLand, Me Protocol, ArtZero, Runtime Verification, Blockcoders, and others. (source link)

ChainCatcher news, the Web3 Foundation supporting the Polkadot protocol stated on social media that the native token DOT is "coordinating software" rather than a "security product." The foundation also emphasized its commitment to comply with U.S. securities laws and the guidance from the U.S. Securities and Exchange Commission regarding digital assets, as well as addressing the complete vision for token transformation, and will take measures to manage the distribution of DOT tokens to ensure that the network is not controlled by a small number of entities.In addition, the Web3 Foundation stated that Polkadot will not compete with Layer 1 blockchains such as Ethereum and Bitcoin. As of now, the number of projects and teams in the Polkadot ecosystem has exceeded 550. (Source link)

ChainCatcher news, the Web3 Foundation has announced the 16th batch of Grant funding recipients, with a total of 39 projects receiving funding, including 6 projects in the user interface domain, 1 project in the signature domain, 12 projects in the blockchain and module domain, 16 projects in the tools/API/development languages domain, 3 projects in the research domain, and 1 project in the wallet domain.In addition, the Web3 Foundation funded a total of 150 projects throughout 2022, received 267 grant applications, and delivered 230 grant milestones, bringing the total number of funded projects to over 480 to date. (source link)