Neo doubles funding for the ecosystem to $ 200 million with three new developer funding initiatives

Shanghai, Dec 17, 2021 – Neo, the blockchain platform with the most functionality for building decentralized applications, has introduced three new funding programs to the Eco Support ecosystem. The new programs include general, core developer and research grants. With these additions, the Neo Foundation has now raised a combined US $ 200 million for Eco Support grant initiatives.

This year’s release of Neo N3 marked a transformative leap in Neo’s journey to building the best blockchain for DApp developers. “We are proud and grateful to the members of our dedicated and growing community of developers around the world who made this breakthrough achievement possible,” said Erik Zhang, Neo Founder and Core Developer. Through these initiatives, Neo is prioritizing the success of the Neo blockchain by investing in its most important asset: the Neo community.

The three new programs complete the lines of programs within the Neo Eco Support ecosystem to provide a new level of completeness to fuel the continued growth of the industry’s most developer-friendly blockchain. Specifically, these latest scholarship programs address the following areas:

General scholarship program

The General Grants Program is designed to stimulate the contributions of experienced development teams to the neo-ecosystem. The program focuses on funding the development of tools and infrastructure for the Neo N3 blockchain. Typical funding can range from $ 5,000 to $ 50,000.

Grants are available for both complex new projects and existing projects with significant new skills or upgrades. Development teams selected for this program can receive benefits such as project funding, guidance from Neo-Core developers and other technical leaders, and access to developer community events such as the Neo Community Assembly.

Core Developer Grants Program

The Core Developer Grants Program encourages developers who have made outstanding contributions to the Neo-Core code base to apply as core developers. Each of the chosen ones can contribute in their own way to being deeply involved in the technical and technical decisions of Neo.

In addition to the ability to build influence and personal branding in the industry, core developers can receive a one-year grant with a monthly grant, as well as quarterly grants based on ongoing active contributions to selected neo-repositories.

Research funding program

Finally, the research fellowship program is designed to promote applied research to fuel the continued growth and development in the blockchain industry. This program invites applications from pioneering researchers from areas such as universities, research institutes, laboratories and consulting firms.

The fellows will demonstrate the ability to make real-world improvements to the Neo blockchain in areas relevant to the Neo Foundation’s vision and roadmap. Typical grant funding can range from $ 10,000 to $ 100,000.

High priority topics

The Neo Foundation will currently prioritize funding applications that may cover one of these areas:

Oracle: An integrated Oracle that enables secure access to all off-chain data. Projects that build a decentralized, secure and stable price feed service for De-Fi, NFTs and games in the neo ecosystem will be prioritized.

NeoFS: A distributed data storage solution for scalability and data protection. Projects that create comprehensive applications based on NeoFS or on an infrastructure that increases the usefulness of the NeoFS service are prioritized.

NeoID: Redefine trust, give users complete control over their identity data and integrate them seamlessly into existing business systems. Projects that were created with NeoID to provide users with decentralized identity services or credential issuers to provide authentication services are prioritized.

important links

Application: https://neo.org/eco

Neo GitHub repository: https://github.com/neo-project

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