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The Worldcoin Foundation announced the launch of Wave0, a $5 million community grants program aimed at supporting blockchain projects and projects that use the WDC cryptocurrency. Through this program, the foundation will provide grants to global blockchain and cryptocurrency experts, offering them the resources to create projects that will benefit the Worldcoin community. The Wave0 program was established to support the development of new projects and expand the reach and adoption of WDC.
The program will support projects in the areas of infrastructure development, protocol development and education, among other key initiatives. Projects that receive support may include development of infrastructure that facilitates the usage of WDC and applications that enable users to easily access and develop products based on the Worldcoin protocol. The new grant program will also give blockchain and cryptocurrency experts the opportunity to further their knowledge and contribute to the growth of the Worldcoin ecosystem.
The Wave0 grants program is open to any individuals or teams with suitable blockchain and cryptocurrency expertise, and projects can be submitted in multiple languages. To be eligible to receive a grant, projects must be open sourced, compliant with relevant laws and regulations, and be of clear benefit to the Worldcoin community. Furthermore, the project must have a clear timeline for completion and have clearly stated objectives.
The Worldcoin Foundation is devoted to fostering and promoting the growth of the Worldcoin ecosystem and encouraging innovative projects around the world. It is also committed to developing and supporting the WDC token and helping create new products and services based on the technology. With the launch of this grant program, the foundation is looking to accelerate innovation and further drive the adoption of WDC.
