{"id":19974,"date":"2024-05-08T09:43:44","date_gmt":"2024-05-08T09:43:44","guid":{"rendered":"https:\/\/coinengineer.io\/?p=19974"},"modified":"2024-05-08T09:43:44","modified_gmt":"2024-05-08T09:43:44","slug":"starknet-foundation-launches-5m-seed-grant-program-for-ethereum-layer-2-development","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/starknet-foundation-launches-5m-seed-grant-program-for-ethereum-layer-2-development\/","title":{"rendered":"Starknet Foundation Launches $5M Seed Grant Program for Ethereum Layer-2 Development"},"content":{"rendered":"<p><span class=\"cursor-pointer whitespace-pre-line text-base font-normal text-[#101828] transition-opacity duration-150 hover:bg-gray-200\" aria-expanded=\"false\" aria-controls=\"radix-:r2d:\" data-state=\"closed\"><strong>The Starknet Foundation<\/strong> recently revealed a compelling endeavor called the &#8220;<strong>$5M Seed Grants Program,&#8221;<\/strong> aiming to fast-track the expansion of <strong>Ethereum&#8217;s layer-2 sphere. <\/strong><\/span><span class=\"cursor-pointer whitespace-pre-line text-base font-normal text-[#101828] transition-opacity duration-150 hover:bg-gray-200\" aria-expanded=\"false\" aria-controls=\"radix-:r2e:\" data-state=\"closed\">The program was announced on May 7, as it provides grants of not more than <strong>$25,000 USDC<\/strong> to projects that meet the eligibility criteria.<\/span><\/p>\n<p><span class=\"cursor-pointer whitespace-pre-line text-base font-normal text-[#101828] transition-opacity duration-150 hover:bg-gray-200\" aria-expanded=\"false\" aria-controls=\"radix-:r2f:\" data-state=\"closed\">Moving forward, a successful pilot phase involving 20 teams resulted in the disbursement of 500,000 USDC. For the next phase, the program is likely to reach 200+ teams as per the Starknet team confirmation.<\/span><\/p>\n<p><span class=\"cursor-pointer whitespace-pre-line text-base font-normal text-[#101828] transition-opacity duration-150 hover:bg-gray-200\" aria-expanded=\"false\" aria-controls=\"radix-:r2g:\" data-state=\"closed\">The team said: &#8220;Now, having made a small pilot project (20 teams worth <strong>500,000 USDC<\/strong>), funds for large-scale continuation of the program to support 200+ teams have been earmarked for some 5 million USDC.&#8221;<\/span><\/p>\n<p><span class=\"cursor-pointer whitespace-pre-line text-base font-normal text-[#101828] transition-opacity duration-150 hover:bg-gray-200\" aria-expanded=\"false\" aria-controls=\"radix-:r2h:\" data-state=\"closed\">The blog post has provided eligibility criteria for the projects to have developed a minimum viable product (MVP) or proof of concept and presented evidence that they take an active role in the <a href=\"https:\/\/coinengineer.net\/blog\/starknet-enhances-cost-efficiency-with-dencun-upgrade-on-ethereum\/\">Starknet<\/a> community. <\/span><span class=\"cursor-pointer whitespace-pre-line text-base font-normal text-[#101828] transition-opacity duration-150 hover:bg-gray-200\" aria-expanded=\"false\" aria-controls=\"radix-:r2i:\" data-state=\"closed\">It is covering university students\u2019 involvement in hackerspaces, hackathons, builder programs, or similar opportunities. <\/span><span class=\"cursor-pointer whitespace-pre-line text-base font-normal text-[#101828] transition-opacity duration-150 hover:bg-gray-200\" aria-expanded=\"false\" aria-controls=\"radix-:r2j:\" data-state=\"closed\">On the other hand, candidates must designate that they will use or be building on specific Starknet tools and products.<\/span><\/p>\n<p><span class=\"cursor-pointer whitespace-pre-line text-base font-normal text-[#101828] transition-opacity duration-150 hover:bg-gray-200\" aria-expanded=\"false\" aria-controls=\"radix-:r2k:\" data-state=\"closed\">This makes an impression about the Starknet Foundation&#8217;s mission of nurturing creativity and cooperation in the<a href=\"https:\/\/coinengineer.net\/blog\/okx-launches-ethereum-layer-2-platform-x-layer\/\"> Ethereum layer-2<\/a> field. <\/span><span class=\"cursor-pointer whitespace-pre-line text-base font-normal text-[#101828] transition-opacity duration-150 hover:bg-gray-200\" aria-expanded=\"false\" aria-controls=\"radix-:r2l:\" data-state=\"closed\">The foundation offers financial assistance to lucrative projects intended to accelerate the formation of scalable solutions while at the same time providing for network adoption and utility.<\/span><\/p>\n<p><span class=\"cursor-pointer whitespace-pre-line text-base font-normal text-[#101828] transition-opacity duration-150 hover:bg-gray-200\" aria-expanded=\"false\" aria-controls=\"radix-:r2m:\" data-state=\"closed\">Such an announcement has led many people within the blockchain community to become more and more excited, with external crypto industry followers admiring the initiative as an incentive for interchain scalability and ecosystem building.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Starknet Foundation recently revealed a compelling endeavor called the &#8220;$5M Seed Grants Program,&#8221; aiming to fast-track the expansion of Ethereum&#8217;s layer-2 sphere. The program was announced on May 7, as it provides grants of not more than $25,000 USDC to projects that meet the eligibility criteria. Moving forward, a successful pilot phase involving 20<\/p>\n","protected":false},"author":6,"featured_media":19976,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,16,1],"tags":[4963,474],"class_list":["post-19974","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-defi-projects","category-genel","tag-ethereum-layer-2","tag-starknet"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Starknet Foundation Launches $5M Seed Grant Program for Ethereum Layer-2 Development - Coin Engineer<\/title>\n<meta name=\"description\" content=\"Starknet Foundation&#039;s $5M Seed Grant Program aims to fuel Ethereum layer-2 innovation, offering grants of up to 25,000 USDC per award to eligible projects.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/starknet-foundation-launches-5m-seed-grant-program-for-ethereum-layer-2-development\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Starknet Foundation Launches $5M Seed Grant Program for Ethereum Layer-2 Development - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"Starknet Foundation&#039;s $5M Seed Grant Program aims to fuel Ethereum layer-2 innovation, offering grants of up to 25,000 USDC per award to eligible projects.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/coinengineer.net\/blog\/starknet-foundation-launches-5m-seed-grant-program-for-ethereum-layer-2-development\/\" \/>\n<meta property=\"og:site_name\" content=\"Coin Engineer\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-08T09:43:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/05\/Starknet-1.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Tanju Akb\u0131y\u0131k\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tanju Akb\u0131y\u0131k\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/coinengineer.net\/blog\/starknet-foundation-launches-5m-seed-grant-program-for-ethereum-layer-2-development\/\",\"url\":\"https:\/\/coinengineer.net\/blog\/starknet-foundation-launches-5m-seed-grant-program-for-ethereum-layer-2-development\/\",\"name\":\"Starknet Foundation Launches $5M Seed Grant Program for Ethereum Layer-2 Development - Coin Engineer\",\"isPartOf\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/starknet-foundation-launches-5m-seed-grant-program-for-ethereum-layer-2-development\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/starknet-foundation-launches-5m-seed-grant-program-for-ethereum-layer-2-development\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/05\/Starknet-1.jpeg\",\"datePublished\":\"2024-05-08T09:43:44+00:00\",\"dateModified\":\"2024-05-08T09:43:44+00:00\",\"author\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546\"},\"description\":\"Starknet Foundation's $5M Seed Grant Program aims to fuel Ethereum layer-2 innovation, offering grants of up to 25,000 USDC per award to eligible projects.\",\"breadcrumb\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/starknet-foundation-launches-5m-seed-grant-program-for-ethereum-layer-2-development\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/coinengineer.net\/blog\/starknet-foundation-launches-5m-seed-grant-program-for-ethereum-layer-2-development\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/coinengineer.net\/blog\/starknet-foundation-launches-5m-seed-grant-program-for-ethereum-layer-2-development\/#primaryimage\",\"url\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/05\/Starknet-1.jpeg\",\"contentUrl\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/05\/Starknet-1.jpeg\",\"width\":1920,\"height\":1080,\"caption\":\"Starknet\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/coinengineer.net\/blog\/starknet-foundation-launches-5m-seed-grant-program-for-ethereum-layer-2-development\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/coinengineer.net\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Starknet Foundation Launches $5M Seed Grant Program for Ethereum Layer-2 Development\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#website\",\"url\":\"https:\/\/coinengineer.net\/blog\/\",\"name\":\"Coin Engineer\",\"description\":\"Btc, Coins, Pre-Sale, DeFi, NFT\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/coinengineer.net\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546\",\"name\":\"Tanju Akb\u0131y\u0131k\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g\",\"caption\":\"Tanju Akb\u0131y\u0131k\"},\"url\":\"https:\/\/coinengineer.net\/blog\/author\/cetanju\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Starknet Foundation Launches $5M Seed Grant Program for Ethereum Layer-2 Development - Coin Engineer","description":"Starknet Foundation's $5M Seed Grant Program aims to fuel Ethereum layer-2 innovation, offering grants of up to 25,000 USDC per award to eligible projects.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/coinengineer.net\/blog\/starknet-foundation-launches-5m-seed-grant-program-for-ethereum-layer-2-development\/","og_locale":"en_US","og_type":"article","og_title":"Starknet Foundation Launches $5M Seed Grant Program for Ethereum Layer-2 Development - Coin Engineer","og_description":"Starknet Foundation's $5M Seed Grant Program aims to fuel Ethereum layer-2 innovation, offering grants of up to 25,000 USDC per award to eligible projects.","og_url":"https:\/\/coinengineer.net\/blog\/starknet-foundation-launches-5m-seed-grant-program-for-ethereum-layer-2-development\/","og_site_name":"Coin Engineer","article_published_time":"2024-05-08T09:43:44+00:00","og_image":[{"width":1920,"height":1080,"url":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/05\/Starknet-1.jpeg","type":"image\/jpeg"}],"author":"Tanju Akb\u0131y\u0131k","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Tanju Akb\u0131y\u0131k","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/coinengineer.net\/blog\/starknet-foundation-launches-5m-seed-grant-program-for-ethereum-layer-2-development\/","url":"https:\/\/coinengineer.net\/blog\/starknet-foundation-launches-5m-seed-grant-program-for-ethereum-layer-2-development\/","name":"Starknet Foundation Launches $5M Seed Grant Program for Ethereum Layer-2 Development - Coin Engineer","isPartOf":{"@id":"https:\/\/coinengineer.net\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/coinengineer.net\/blog\/starknet-foundation-launches-5m-seed-grant-program-for-ethereum-layer-2-development\/#primaryimage"},"image":{"@id":"https:\/\/coinengineer.net\/blog\/starknet-foundation-launches-5m-seed-grant-program-for-ethereum-layer-2-development\/#primaryimage"},"thumbnailUrl":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/05\/Starknet-1.jpeg","datePublished":"2024-05-08T09:43:44+00:00","dateModified":"2024-05-08T09:43:44+00:00","author":{"@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546"},"description":"Starknet Foundation's $5M Seed Grant Program aims to fuel Ethereum layer-2 innovation, offering grants of up to 25,000 USDC per award to eligible projects.","breadcrumb":{"@id":"https:\/\/coinengineer.net\/blog\/starknet-foundation-launches-5m-seed-grant-program-for-ethereum-layer-2-development\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/coinengineer.net\/blog\/starknet-foundation-launches-5m-seed-grant-program-for-ethereum-layer-2-development\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/coinengineer.net\/blog\/starknet-foundation-launches-5m-seed-grant-program-for-ethereum-layer-2-development\/#primaryimage","url":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/05\/Starknet-1.jpeg","contentUrl":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/05\/Starknet-1.jpeg","width":1920,"height":1080,"caption":"Starknet"},{"@type":"BreadcrumbList","@id":"https:\/\/coinengineer.net\/blog\/starknet-foundation-launches-5m-seed-grant-program-for-ethereum-layer-2-development\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/coinengineer.net\/blog\/"},{"@type":"ListItem","position":2,"name":"Starknet Foundation Launches $5M Seed Grant Program for Ethereum Layer-2 Development"}]},{"@type":"WebSite","@id":"https:\/\/coinengineer.net\/blog\/#website","url":"https:\/\/coinengineer.net\/blog\/","name":"Coin Engineer","description":"Btc, Coins, Pre-Sale, DeFi, NFT","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/coinengineer.net\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546","name":"Tanju Akb\u0131y\u0131k","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g","caption":"Tanju Akb\u0131y\u0131k"},"url":"https:\/\/coinengineer.net\/blog\/author\/cetanju\/"}]}},"_links":{"self":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/19974","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/comments?post=19974"}],"version-history":[{"count":1,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/19974\/revisions"}],"predecessor-version":[{"id":19978,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/19974\/revisions\/19978"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/media\/19976"}],"wp:attachment":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/media?parent=19974"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/categories?post=19974"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/tags?post=19974"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}