Share this article

Conflux Blockchain Announces Ecosystem Grants Program

Development grants will be paid in the platform's native token, CFX, in values up to $15,000 and $50,000 for both projects and firms respectively.

Updated Sep 14, 2021, 9:33 a.m. Published Jul 20, 2020, 10:30 p.m. 1 min read
(Conflux)

Blockchain startup Conflux has announced its Conflux Ecosystem Grants Program, paid in the blockchain’s native CFX token, for building out the Conflux ecosystem, according to a release from the firm.

  • As reported by CoinDesk, Conflux is a Chinese state-backed blockchain platform for decentralized applications (dapps).
  • Grants will be paid in the platform's native token, CFX, in values up to $15,000 and $50,000 for both projects and firms respectively.
  • Tier 1 grants are designed to fund approved developers “creating tooling, interoperability bridges, oracle infrastructure, and other vital ecosystem components.”
  • Tier 2 grants will be distributed to companies willing to commit to building on the Conflux blockchain that have already demonstrated a measure of product-market fit.
  • The grant fund was released in concert with the launch of Conflux’s phase two-of-three network rollout.
  • Applications opened Monday.

Mehr für Sie

(Win McNamee/Getty Images)

CNBC reported Tuesday that Musk is discussing a merger between Tesla and SpaceX that would tie his tech empire closer together and instantly create the world’s fifth-largest corporate bitcoin treasury, worth $3.3 billion.

Was Sie wissen sollten:

  • Elon Musk is exploring a potential merger of Tesla and SpaceX, a move that would deepen operational overlap in areas such as power infrastructure and AI-related computing.
  • A combined Tesla-SpaceX entity would control about 30,221 bitcoin, worth roughly $3.3 billion, making it the fifth-largest public corporate holder of the cryptocurrency.