Ronin Network initiates a $10 million developer grant scheme, aimed at fostering blockchain initiatives. This program provides financial aid and exposure for developers working on these projects.
On January 16, 2025, Ronin Network, a blockchain that operates on the Ethereum Virtual Machine (EVM), unveiled a new $10 million grant program called the “Ronin Ecosystem Grants.” This initiative aims to foster the burgeoning developer community and expand the capabilities of the blockchain.
The Grants Initiative encourages additional developers to create groundbreaking projects within the Ronin blockchain ecosystem, in order to draw in more developers. This scheme is a crucial element of Ronin’s growth and development blueprint for its network. Using our platform, developers can secure funding ranging from $20,000 to $300,000 for their projects. The funding provided by the network will be issued in the form of RON tokens, which can also be unlocked as milestones are reached.
These grants are intended to cover any necessary expenses for qualified teams. They encompass development integrations, audits, and the rollout of their projects. Additionally, there’s an incentive within this program – being showcased on Ronin platforms which can potentially reach millions of daily impressions. This increased visibility gives developers a chance to attract more attention and network with other builders in the ecosystem.
Ronin Ecosystem Grants Aims to Attract Blockchain Developers
Additionally, there’s the Waypoint Grant program designed for teams focusing on both user experience (UX) and onboarding in the blockchain sector. Qualifying projects aiming to improve the on-chain user experience, particularly for newcomers, can secure up to $20K in RON through this initiative. The objective is to streamline the user experience, and these funds will be utilized to manage gas fees effectively, ensuring a hassle-free experience for users.
The Ronin platform has seen significant expansion, particularly in the gaming industry, making it an ideal platform for decentralized applications (dApps) and DeFi protocols. Furthermore, with a substantial number of daily users in the millions, if the Ronin grants continue to expand, so too will its user base, resulting in increased benefits for those receiving these grants.
In addition to offering financial assistance, the program also provides benefits such as exposure on Ronin’s platforms, connections with other developers, and exclusive advantages. These perks encompass discounts from infrastructure and tooling providers. The aim of the Ronin Ecosystem Grants is to foster a robust and resilient developer community. However, this is only one aspect of Ronin’s broader strategy to expand its network and empower the Web3 developers of tomorrow.
In the days ahead, as the blockchain expands, Ronin plans to introduce new categories of grants and additional events to continue assisting developers.
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2025-01-17 12:30