The Good Tech Companies - Covalent Commit $2.5M In Grants To The Consensys Builders Scale Program

Episode Date: June 13, 2024

This story was originally published on HackerNoon at: https://hackernoon.com/covalent-commit-$25m-in-grants-to-the-consensys-builders-scale-program. This substantial initiative underscores Covalent's mission to empower developers working with Linea and MetaMask, driving the creation of groundbreaking onchain Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #covalent, #btcwire, #press-release, #covalent-announcement, #crypto-funding, #blockchain-development, #good-company, and more. This story was written by: @btcwire. Learn more about this writer by checking @btcwire's about page, and for more stories, please visit hackernoon.com. Covalent announces a $2.5 million commitment in grants dedicated to advancing the Consensys ecosystem. Covalent’s grant initiative will offer up to $25,000 USD in credits per project. The grants can be utilized to retrieve data from Linea, Ethereum and over 225 other networks.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Covalent commit $2.5 million in grants to the Consensus Builder Scale Program. BYBTC Wire. Covalent, the leading modular data infrastructure layer in Web3, icebrowed to announce a $2.5 million commitment in grants dedicated to advancing the consensus ecosystem through the Consensus Scale Program. This substantial initiative underscores Covalent's mission to empower developers working with Linea and Metamask, driving the creation of groundbreaking on-chain applications. Greater than Consensus Scale supports leading DApps building on Linea and Metamask with a greater than range of bespoke support and benefits. Ecosystem partners like Covalent are

greater than part of this package and make important contributions to our builders, says greater than Alex Greinecker, Consensus Scale Program Lead. In parallel, Consensus will make these grants directly available to high-performing DAPPs that choose to deploy on Linea, its new L2ZK EVM. N greater than N, supporting top Linea dApps with impactful partner benefits is a core part greater than of our mission so builders are supported to grow their builders, says Susie Godlewski, lead partner marketing for Linea. Greater than greater than, this initiative not only highlights Covalent's commitment to supporting the Web3 community but also demonstrates the vital role of structured data infrastructure in fostering innovation and growth within the blockchain space. With reaching over 300 million

active wallets utilizing its extensive and comprehensive data services, Covalent's grants aim to unlock new potentials for consensus developers and builders. Covalent recently added Arthur Hayes as strategic advisor to expand TheNetwork's direction in the areas of artificial intelligence and long-term data availability. Powering innovation with largest reservoir of structured WEB3 data in the near future, MetaMask will also become much more developer-focused, and ConsenSys will integrate Covalent into instances where builders also need access to its data product suite. Covalent's grant initiative will offer up to $25,000 USD in credits per project, enabling developers to access Covalence robust data tools. These grants can be

utilized to retrieve data from Linea, Ethereum, and over 225 other blockchain networks, enabling a wide range of applications. Greater than. We're thrilled to be supporting consensus scale and builders on Linea and greater than Metamask. This collaboration enhances our reach and empowers developers with greater than robust and scalable access to structured data infrastructure to innovate and greater than optimize their dApps, said Ganesh Swamy, CEO of Covalent. The grants will target several key areas within ConsenSys, notably building on Linea, supporting the world's most innovative Web3 projects to deploy and grow on Linea, the ConsenSys ZKE VM, access via Metamask, integration of the world's most trusted Web3

wallet in great projects. Together, Covalent and ConsenSys are working with builders to enhance on-chain infrastructure and dApps to help onboard the next billion users into Web3. Grant application and developer resources projects in the ConsenSys ecosystem can apply for the Covalent grants. In addition, the following resources provide more details on the grants and other benefits available to ConsenSys builders by checking out the ConsenSys Scale website. About Covalent Covalent, Covalent is the leading modular data infrastructure layer that's dedicated to solving major challenges in blockchain and AI. Covalent's largest reservoir of structured, verifiable data augments decentralized training and inference, reducing the likelihood of manipulated or biased

AI models. Additionally, Covalent's Ethereum Wayback Machine ensures decentralized access to Ethereum's transaction data, keeping it secure. Trusted by over 3,000 leading organizations, Covalent powers AI, DeFi, GameFi, and other use cases with unfettered access to on-chain data from over 225 blockchains and counting. Learn about the EWM. Technical, non-technical for more information, check out Covalence. Official website, Twitter, X. Link tree about ConsenSys ConsenSys is the leading blockchain and Web3 software company, pioneering technological developments within the Web3 ecosystem since 2014. Through its product suite, including MetaMask, Infiora, Linea, Diligence, and Phosphor,

ConsenSys has become a trusted collaborator for users, creators, and developers. ConsenSys inspires and champions the builder instinct in everyone by making Web3 universally easy to use and develop on. To explore their products and solutions, visit ConsenSys. Tip This story was distributed as a release by BTC Wire under HackerNoon's business blogging program. Learn more about the program here. Thank you for listening to this HackerNoon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.