SpankChain and Prysmatic among recipients of ETH Foundation 3M grants

17 Oct, 2018
by Fifi Arisandi
News
SpankChain and Prysmatic among recipients of ETH Foundation 3M grants

The Ethereum Foundation announces the recipients of their Wave 4 grants program.

Aims to promote a continuous development of the Ethereum ecosystem, the Ethereum Foundation just announces the recipients of their 4th wave grants program.

The program distributed 3 million of funds to the projects that are considered as creative and have “successfully” impacted the ecosystem positively.

In the 4th wave, as many as 20 projects from various categories have been selected to receive a different amount of grant. Among them are Prysmatic Labs that receives the biggest amount with $500K and the recently-hacked SpankChain with $420K of grant.

The official announcement also announced that the foundation is currently accepting application for Wave V with several “wishlist” projects in scalability, privacy, usability, security, and education are expected.

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