KEY TAKEAWAYS
- The MultiversX Foundation has launched Growth Games, a $1.5 million annual grants program to support developers in creating innovative solutions using blockchain and AI.
- Growth Games offers financial support, mentorship, and resources across three phases: Build, Accelerate, and Launch, to empower developers and teams.
- The program aims to drive AI-integrated advancements and internet-scale adoption by providing milestone-based funding and regular progress reviews.
The convergence of blockchain and artificial intelligence (AI) is poised to drive the next wave of technological innovation. Recognizing this potential, the MultiversX Foundation has introduced Growth Games, a $1.5 million annual grants program aimed at supporting developers and teams in creating groundbreaking solutions.
Growth Games is designed to provide more than just financial support. It offers a comprehensive program that empowers developers with mentorship, resources, and community backing to build market-ready products at scale. The initiative focuses on three critical areas: Build, Accelerate, and Launch.
Funding and Support for Developers
The Build phase, with an annual allocation of $750,000, targets new builders and teams from outside the MultiversX ecosystem. Utilizing a Request for Proposal (RFP) model, it invites projects that enhance infrastructure, develop essential tools, and create impactful applications, addressing key gaps within the ecosystem.
The Accelerate phase, with $250,000 in funding, supports existing teams within the MultiversX ecosystem. This phase aims to help these teams grow, secure community support, and increase on-chain activity and engagement.
The Launch phase, in collaboration with xLaunchpad, will fund five groundbreaking projects, each eligible for up to $100,000. In addition to financial backing, selected teams will receive mentorship, strategic advisory, marketing resources, and community engagement to ensure their success.
Driving Innovation with AI and Blockchain
By placing AI-focused research and solution delivery at the center of the program, Growth Games accelerates the MultiversX vision. It empowers developers to build without common limitations across various verticals and use cases. The program’s holistic approach encourages continuous innovation, allowing existing projects to access funding while incentivizing new talent to contribute to MultiversX’s growth.
Growth Games employs milestone-based funding and regular progress reviews to ensure accountability and transparency. By accelerating AI-integrated advancements, the program serves as a catalyst for internet-scale adoption, driving impactful solutions that merge blockchain and AI.
For more details and to apply, visit the official announcement here.
Explore More News:
Disclaimer: The views expressed in this article are those of the authors and do not necessarily reflect the official policy of CoinsHolder. Content, including that generated with the help of AI, is for informational purposes only and is not intended as legal, financial, or professional advice. Readers should do their research before taking any actions related to the company and carry full responsibility for their decisions.
