Bahamut Foundation introduces its latest initiative, Bahamut Grants, for marking purposes an important step towards the journey of Web3 evolution.
The available fund for the program is $10 million FTN with very flexible distribution. It is important to note that Bahamut is the Fastex Ecosystem’s preferred blockchain platform, with $FTN as its native token. Bahamut recently successfully passed CERTIK and HEXENS security assessments.
Grants will be provided to projects built on Bahamut, promoting the expansion of businesses on the network. Bahamut is a blockchain platform that stands out with its groundbreaking and innovative POSA (Proof of stake and Activity) consensus, where ‘activity’ refers to the validators’ use of applications created with smart contracts. The activity contributes to increasing the chance that the given validator will become a block proposer in the future, thus receiving more rewards from our blockchain.
Every individual, company, organization and researcher is encouraged to apply for the program and pitch their project. This initiative will provide participants with invaluable support and funding, and it is a great opportunity to embark on this journey and create a solid and future-oriented company on web3. Bahamut Foundation’s priority projects include bridges, multi-signature wallets, DEXs, and RNG oracles. It is also important for builders to know that Bahamut supports the Solidity programming language for building on the network.
Applications must be submitted through the official Bahamut Grants Portal where you can find all information about the program and the registration procedure.
To not miss any updates about the Bahamut Foundation and its funding programs, become a member Bahamut’s official websiteas well as community channels on Tweet And Disagreement.
Every application is welcomed and thoroughly assessed by the Bahamut Foundation.