Web3 Foundation Announces Over $1.1M in Grants Under Wave 19 Program

blockchain.news:

The Web3 Foundation has recently concluded its 19th wave of grants, dedicating over $1.1 million towards 33 different projects under the Web3 Foundation Grants Program. This wave witnessed a submission of 100 applications, marking the highest in over two years. The foundation highlighted its 600th grant and the processing of the 1000th milestone within this period. The burgeoning Polkadot developer community, now ranked second globally after Ethereum, accentuates the innovation and zeal of teams within this ecosystem. The Grants Program remains a pivotal part in fostering these teams and enticing new developers, enhancing Polkadot's reputation as one of the most vibrant communities in the Web 3.0 domain. This initiative is aimed at facilitating the upcoming array of innovations through an accessible, transparent, and open grants program.

A noteworthy trend in this wave was the emphasis on tooling grants aimed at augmenting smart contract capabilities, specifically on Polkadot’s ink! smart contracts. The intent is to bolster developer tools for swifter and more secure contract development, focusing on testing, analysis, and enhancing developer interaction with ink! smart contracts. Additionally, projects centered around data analysis emerged, as illustrated by the Data Analysis Tools and Analytics Platform Request for Proposals (RFPs), currently being handled by three distinct teams.

The foundation also approved several grants pertinent to the core infrastructure of Polkadot including wallets, chains, and pallets, which are deemed crucial for the holistic benefit of the ecosystem.

Similar to the preceding wave, a substantial number of grant proposals were in response to RFPs, indicating a dynamic and evolving RFP list