Blockchain platform Fantom (FTM), which offers a secure virtual machine for smart contracts, announced that it has launched a grant program of 335 million FTM (approximately $480 million).
Phantom launched on August 30 Received more than 100 applications for the $370 million grant program and shared that some projects have helped them grow their ecosystems and build apps.
In a post published on its official blog on March 31, Fantom said: “To do more, we have launched a new partnership with Gitcoin Grants. 335 million FTM incentive program We started it.” said.
Stating that Gitcoin has realized unique financing projects in the web3 field, Fantom said that all Has the right to finance phantom projects declared that.
Stating that options such as DeFi platform, game application, NFT platform and education can apply, Fantom stated that they will treat all projects equally and consistently. Within the scope of the grant that projects do not need to have high TVL and incentive program projects targeting small audiences announced that it would.
According to CoinGecko data in the last 24 hours %2nd appreciated Phantom, from $1.44 is being traded.