The Good Tech Companies - Boba Network And Thrive Protocol Launch Thrive Boba Ecosystem Grants To Support Web3 Innovation

Episode Date: October 17, 2024

This story was originally published on HackerNoon at: https://hackernoon.com/boba-network-and-thrive-protocol-launch-thrive-boba-ecosystem-grants-to-support-web3-innovation. This initiative offers $200,000 in BOBA tokens for projects that drive on-chain activity and expand the Boba ecosystem. Applications are open through October 8, Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #boba-network, #chainwire, #press-release, #boba-network-announcement, #blockchain-development, #layer2-solutions, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com. Boba Network, a leader in multichain layer-2 scaling solutions, in collaboration with Thrive Protocol launched the Thrive Boba Ecosystem Grants. This initiative offers $200,000 in BOBA tokens for projects that drive on-chain activity and expand the Boba ecosystem. Applications are open through October 8, 2024.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Boba Network and Thrive Protocol launch Thrive Boba Ecosystem Grants to support Web3 innovation by Chainwire. San Francisco, United States, October 17, 2024, Chainwire, asterisk Boba Network, a leader in multi-chain Layer 2 scaling solutions, in collaboration with Thrive Protocol launched the Thrive Boba Ecosystem Grants, a program aimed at empowering developers, entrepreneurs, and creators building on Boba. This initiative offers $200,000 in Boba tokens for projects that drive on-chain activity and expand the Boba ecosystem. Applications are open through October

8, 2024. Program overview and eligibility Thrive Boba Ecosystem grants provide eligible projects with funding between $10,000 and $35,000 in Boba tokens. Open to both individuals and teams, the program seeks projects within decentralized finance, DeFi, gaming, and generative AI. Applicants are asked to outline three critical milestones for their projects, which will guide the phased release of grant funding milestone 1 and 2. Upon completion and verification of each milestone, recipients receive 15% of their total grant. Milestone 3. Successful completion and verification of the final milestone unlocks 70% of the grant.

Key dates for Thrive Boba Season 1 Application Deadline. October 31, 2024. Notification of Grant Awards. November 19, 2024. Project Completion Proof Submission. February 25, 2025. Season 1 ends. February 27, 2025. Grant Disbursement. Approximately two weeks after Season 1 ends. Application process and requirements. Applicants can submit their grant applications through the official Thrive Boba platform at https://thrivebaba.comby October 31, 2024. To qualify, participants must join the Thrive Protocol Discord, connect their wallet, eligible for grant funds, and link T-Rex, Twitter and GitHub accounts. The Thrive Boba Ecosystem Grants Program is an essential

step forward in Boba's mission to help developers build the best dApps possible, said Alan Chu, co-founder of Boba Network. Greater than. We are excited to see developers and entrepreneurs leverage Boba's technology greater than such as hybrid compute to drive innovation in the Web3 ecosystem. By greater than partnering with Boba, Thrive Protocol aims to encourage builders who are greater than shaping the future of decentralized applications, added Daniel Jacobs, Thrive Protocol CEO. This grant initiative will empower participants to create greater than meaningful impact across key areas like DeFi, gaming, and AI on Boba. About Boba Network Boba Network is an optimistic-based multi-chain Layer 2 scaling solution that aims to unlock the potential of roll-up technology and enable more flexible blockchain communication.

The protocol is fully compatible with EVM-based tools and has already deployed multi-chain support for Ethereum and BNB, supporting lightning-fast transactions and fees anywhere from 40 to 100x less than the respective Layer 1. Boba Network is powered by hybrid compute technology that brings the power of Web2 on-chain, with smarter smart contracts that allow visionary developers to leverage off-chain compute and real-world data to build hybrid dApps that connect people to the future of blockchain applications. Website Twitter linked in contact Marketing Manager Jian Kim Enya Labsgian at Enya.ai. Tip This story was distributed as a release by Chainwire under HackerNoon's business blogging program. Learn more about the program here. And thank you for listening to this HackerNoon story,

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