Starknet Foundation Launches $5 Million Grant Program to Support Emerging Projects on Ethereum Layer-2 Scaling Solution

The Starknet Foundation has launched a new grant program worth $5 million in USDC to support emerging projects on the network. The Seed Grants Program aims to assist 200 promising teams with $25,000 in USDC each, providing a final push for projects to launch on Starknet, an Ethereum layer-2 scaling solution. The program addresses the challenges faced by Starknet developers and aims to reduce barriers to innovation. Starknet has seen a significant increase in developers, with over 22,400 monthly developers in December 2023, up 113% from December 2020. Blockchain gaming is a top use case for Starknet, accounting for 35% of decentralized application activity.

Sources :
- CoinTelegraph