Covalent (CQT) Announces $5 Million in Grants to Support Frontier Web3 Technologies
Covalent, a leading name in the blockchain and cryptocurrency industry, is excited to announce its groundbreaking initiative, the Covalent Grants Program. This program is designed to provide substantial incentives, with grants of up to $25,000 USD, to visionary developers and emerging startups in the Web3 space.The Covalent Grants Program aims to foster innovation by offering financial support to projects that are dedicated to building with the richest, deepest, and broadest on-chain data. If you’re a developer with a passion for pushing the boundaries of what’s possible in the blockchain world, this program is tailored for you.
With Covalent Grants, developers are encouraged to embark on a journey to create groundbreaking solutions. The program supports a wide range of projects, including:
Covalent is committed to supporting both established projects and startups with the potential to tackle the challenges of tomorrow. To be eligible for a Covalent Grant, your project should meet the following criteria:
Covalent Grants are currently issued in premium credits for Covalent’s product suite, providing you with the tools and resources you need to supercharge your project. Additionally, novel use cases that require substantial data resources can also receive support through the program.
Covalent values collaboration and innovation. Grant applications from verified partners of Covalent are given priority. Grants are processed based on the ease of implementation, with special preference for projects that leverage Covalent’s existing product suite. We are also enthusiastic about supporting projects with ambitious ideas that involve utilizing data from over 115 blockchains.
Applicants can expect a prompt response from Covalent.
