The Bahamut Foundation launches the Bahamut Grants program with $10 million in FTN funding.

The Bahamut Foundation introduces its latest initiative, Bahamut Grants. This is an important step forward in the Web3 evolution journey.

Funding available for the program is as follows: 10 million $FTN Highly flexible deployment is possible. It is important to note that Bahamut is the preferred blockchain platform in the Fastex ecosystem, which uses $FTN as its native token. Bahamut recently successfully passed the CERTIK and HEXENS security assessments.

Projects built on Bahamut will be subsidized to encourage business expansion on the network. Bahamut is a blockchain platform that rose to prominence with its game-changing and innovative POSA.proof of stake and activities) agreement. “Activity” here means the validator’s use of the application created by the smart contract. Activity increases the likelihood of a particular validator becoming a block proposer in the future, which is important for receiving more rewards from the blockchain.

All individuals, companies, organizations and researchers are encouraged to apply to the program and present their projects. This initiative will provide valuable support and funding to participants and is a great opportunity to start this journey and create a solid and promising business on web3. Among the Bahamut Foundation’s priority projects are bridges, multi-signature wallets, DEX, and RNG oracles. It is also important for builders to know that Bahamut supports the Solidity programming language for building networks.

Applications must be submitted through the official website. Bahamut Grants Portal This is where you can find all information about the program and the application process.

Sign up to keep up to date with the latest news about the Bahamut Foundation and its funding programs. Bahamut’s Formula WebsiteCommunity channels as well Twitter and Dissension.

Each application is welcomed and thoroughly evaluated by the Bahamut Foundation.