San Franciso, united states, October 17th, 2024,
Chainwire
Boba Network, a leader in multichain layer-2 scaling solutions,
in collaboration with Thrive Protocol launched the Thrive
Boba Ecosystem Grants, a program aimed at empowering
developers, entrepreneurs, and creators building on Boba. This
initiative offers $200,000 in BOBA tokens for projects that drive
on-chain activity and expand the Boba ecosystem. Applications are
open through October 8, 2024.
Program Overview and Eligibility Thrive Boba
Ecosystem Grants provide eligible projects with funding between
$10,000 and $35,000 in BOBA tokens. Open to both
individuals and teams, the program seeks projects within
Decentralized Finance (DeFi), Gaming, and
Generative AI.
Applicants are asked to outline three critical milestones for
their projects, which will guide the phased release of grant
funding:
- Milestone 1 & 2: Upon completion and
verification of each milestone, recipients receive 15% of their
total grant.
- Milestone 3: Successful completion and
verification of the final milestone unlocks 70% of the grant.
Key Dates for Thrive Boba Season 1
- Application Deadline: October 31, 2024
- Notification of Grant Awards: November 19,
2024
- Project Completion Proof Submission: February
25, 2025
- Season 1 Ends: February 27, 2025
- Grant Disbursement: Approximately two weeks
after Season 1 ends
Application Process and Requirements Applicants
can submit their grant applications through the official Thrive
Boba platform at https://thriveboba.com by
October 31, 2024. To qualify, participants must join the
Thrive Protocol Discord, connect their wallet
(eligible for grant funds), and link their X/Twitter and GitHub
accounts.
The Thrive Boba Ecosystem Grants program is an
essential step forward in Boba’s mission to help developers build
the best dapps possible,” said Alan Chiu, Co-founder of Boba
Network. “We are excited to see developers and entrepreneurs
leverage Boba’s technology such as HybridCompute to drive
innovation in the Web3 ecosystem.”
“By partnering with Boba, Thrive Protocol aims to
encourage builders who are shaping the future of decentralized
applications,” added Daniel Jacobs, Thrive Protocol CEO. “This
grant initiative will empower participants to create meaningful
impact across key areas like DeFi, Gaming, and AI on
Boba.”
About Boba Network
Boba Network is an optimistic-based multichain layer-2 scaling
solution that aims to unlock the potential of roll-up technology
and enable more flexible blockchain communication. The protocol is
fully compatible with EVM-based tools and has already deployed
multichain support for Ethereum, and BNB, supporting lightning-fast
transactions and fees anywhere from 40-100X less than the
respective layer-1. Boba Network is powered by HybridCompute™
technology that brings the power of Web2 on-chain, with smarter
smart contracts that allow visionary developers to leverage
off-chain compute and real-world data to build hybrid dapps that
connect people to the future of blockchain applications.
Website: https://boba.network
Twitter: @bobanetwork
LinkedIn: https://www.linkedin.com/company/bobanetwork/
Contact
Marketing
Manager
Gian
Kim
Enya
Labs
gian@enya.ai