Ethereum Foundation Announces New Strategic Grant Program

On the 3rd, the Ethereum Foundation announced a new grant program within its Ecosystem Support Program (ESP) aimed at bolstering the Ethereum (ETH) cryptocurrency ecosystem. The Foundation explained the rationale behind revamping its grant program. The previous grants had successfully supported hundreds of projects that became crucial components of the broader Ethereum ecosystem. However, an increase in applications had strained the Foundation's resources, limiting its ability to pursue strategic opportunities. Consequently, the new model shifts towards a more proactive approach, continuing to be open to everyone...