Tezos Is Giving Away Grant Money to Crypto Developers

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Some weeks after the beta version of its mainnet went Tezos is looking to promote its community to start developing on its own platform. The Tezos Foundation has announced a brand new grant making procedure Friday, saying it’ll hold an official call for proposals in August. In a news release, the basis explained that it’s 3 first targeting key areas: research which will expand the Tezos protocol, development of tools which will support Tezos and the resolutions to develop the Tezos community. The foundation hopes to promote Tezos community members, educational and research institutions and developers to apply for grants, in accordance with the release.

Olaf Carlson Wee told CoinDesk that financing projects initiated by the community was late as far back as February. Tezos, a blockchain government protocol, established the beta version of its blockchain live towards the end of June, but is still facing several class action lawsuits. The foundation also just experienced a shakeup of its own governing board following a long judicial conflict between the base and the token’s programmers, Arthur and Kathleen Breitman. The Swiss based blockchain project raised more than $232 million for its first coin offering, a record high token sale in the time. Tezos logo picture via Piotr Swat / Shutterstock. The leader in blockchain news, CoinDesk is a media outlet that tries for the highest journalistic standards and adheres to a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

several class-action lawsuits
shakeup of its governing board
a protracted legal battle
Tezos logo
strict set of editorial policies

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