Jersey, Channel Islands, February 28, 2023, Chain Wire
Radix, the only smart contract platform for asset-centric web3, has announced the paradigm shift Radix Grants program to encourage developers to build within their ecosystem. As the first developer program solely focused on Radix, the initiative is open to all serious DeFi and Web3 developers considering building on top of Radix.
In addition to funding, teams benefit from hands-on mentoring and guidance from the Radix team throughout the process. Developers interested in a Radix grant can apply now.
In particular, Radix is looking for projects building dApps focused on DEXs, Lending, Stablecoins, Oracles, Aggregators, Yield Farming, NFTs, Bridges and Games.
“We’ve seen the numerous, costly, and self-centered mistakes made by other ecosystem-focused initiatives,” said Piers Ridyard, CEO of RDX Works. “Like everything else at Radix, we intentionally designed the Radix Grants program to equip serious Web3 developers with the tools they need to be successful.”
Five projects will be invited to participate in the first phase of the Radix grant program, which begins in February and lasts 12 weeks. A second program is then planned for Q2. Projects enrolled in the Radix Grants Program enjoy a number of benefits, including:
- $30,000 worth of XRD tokens.
- One-on-one meetings with an RDX Works mentor every two weeks.
- Exclusive masterclasses with the RDX Works leadership team on key topics such as product development, customer interviews, community building and tokenomics.
- Practical guides to compliance, cybersecurity, starting a business and more.
- Help with user testing.
- Promotion and exposure to the wider Radix community through official Radix channels.
To participate in the Radix Grants program, teams must have an MVP or a work plan on how to quickly create one. They must also provide proof of their community building skills and be willing to undergo KYC checks and start a business.
The Radix Grants program will spur a wave of decentralized finance innovations built using a scalable and secure distributed ledger to power a range of DeFi and Web3 applications.
About radix
Radix is an asset-centric smart contract platform purpose-built to power a $400 trillion network. Radix provides a full stack for web3 without sacrificing atomic composability. If you know what that means, you know it’s a big deal.
Backed by 10 years of research, testing, and dedicated development, Radix has a global community of thousands and a network value of over $500 million. To learn more, visit www.radixdlt.com.
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