According to the IOTA Foundation blog, the IOTA Foundation has awarded $2.36 million in grants to 20 blockchain projects as part of its ongoing IOTA grant program. This initiative aims to foster innovation within the IOTA ecosystem by providing financial support to various projects.
Grant Program Overview
Since the last update, the IOTA grant program has received 82 applications, of which 20 have been selected for funding. The total award amount is $2,365,000, supporting projects in a variety of categories including decentralized exchanges (DEXs), NFT marketplaces, GameFi, and tooling.
Major grant recipients
SYMMIO/IntentX
category: indefinite
Website: www.symm.io / X: @symm_io
SYMMIO is an omnichain settlement and clearing layer for derivatives. We provide DaaS (Derivatives as a Service) to enable smooth introduction of derivatives on decentralized exchanges.
Speedometer / Graphene
category: dex
Website: www.velocimeter.xyz / X: @VelocimeterDEX
Velocimeter is a modified ve33 protocol to optimize token emission and liquidity provision with the goal of providing more flexibility and efficiency.
wagmi
category: dex
Website: wagmi.com / X: @PopsicleFinance
The WAGMI protocol focuses on advanced liquidity provisioning strategies and leverage to utilize concentrated liquidity to optimize returns.
Mr. Magic
category: DEX and NFT Marketplace
Website: Magic C.Finance / X: @MagicSeaDEX
MagicSea is a DEX and NFT marketplace on the IOTA EVM, designed to foster the growth of the ecosystem by supporting promising projects through a comprehensive builder program.
Old Testament
category: dex
Website: www.otsea.io / X: @otseaERC20
OTSea facilitates peer-to-peer transactions across multiple chains and provides features such as an automatic matching system and buy/sell orders to protect users from fraud through trustless smart contracts.
Epoch zero
category: NFT Marketplace
Website: epozero.io / X: @Epoch_0
EpochZero provides NFT analytics and marketplace, delivering insights and data through resident bots and web portals to improve user experience and market engagement.
Full combo
category: Return and asset management
Website: furucombo.app / X: @puru combo
Furucombo allows users to create and execute complex DeFi transactions through a user-friendly interface, with the goal of enhancing the IOTA ecosystem by attracting more users and funds.
Ape Bond
category: Return and asset management
Website: Monkey.Bond / X: @ApeBond
ApeBond (formerly ApeSwap) focuses on decentralized funding and OTC services to help projects increase capital and liquidity without negatively impacting token prices.
sherlock
category: tooling
Website: Sherlock.xyz / X: @sherlockdefi
Sherlock’s Audit Grant Program provides financial support for smart contract audits to strengthen the security of IOTA and encourage protocol development.
single finance
category: Return and asset management
Website: Singlefinance.io / X: @single_finance
Single Finance provides performance analysis, automatic calculations, and risk management strategies to maximize yield farming profits while minimizing risk.
exchange ranking
category: aggregator
Website: Rango.exchange/ X: @RangoExchange
Rango is a bridge and DEX aggregator supporting 55+ blockchains with the goal of improving usability and attracting more users to the IOTA network.
salt mine
category: game pie
Website: saltmines.co / X: @SaltminesCo
Saltmines is a player-versus-player combat arena racer featuring EVM-to-EVM combat designed to attract Web2 users into the Web3 space through engaging gameplay.
The IOTA Grants Program continues to drive innovation across the blockchain space, supporting a wide range of projects that contribute to the growth and development of the IOTA ecosystem. Follow us at
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