Everscale to award grants to startups worth around $4 million

The DeFi Alliance, part of the Everscale community, has launched a grant program for new projects on the Everscale blockchain. The total program budget is 15 million EVER ($3.9 million at the time of writing).

Selected startups will receive financial support to create an MVP (minimum viable product) or reach another development milestone. The program organisers guarantee participants technical mentorship and expert support, as well as assistance in bringing the product to market.

Criteria for selection, benefits for grant recipients, and application instructions can be found in the separate document. To participate in the program you need to fill out the special form.

Earlier, the Everscale management council, on the proposal of the DeFi Alliance, approved a broad program of project reform, including a new approach to attracting partners and developers.

Earlier, the community conducted a rebranding, changing the name of Free TON to Everscale, and burned more than half of the total native coin supply.

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