Crypto Developers Given Grant Money By Tezos

Just a few weeks after the beta version of its mainnet went live, Tezos is hoping to urge its community to start developing on its platform.

The Tezos Foundation released a report on Friday, saying it will hold a formal call for the proposition in August. In an official statement, the firm added that it has three key areas that it wants to focus on: research that will expand the Tezos convention, improvement of devices that will bolster Tezos and resolutions to become the Tezos community member.

According to the report, the firm plans to empower Tezos community members, instructive and explore foundations and designers to apply for stipends.

Olaf Carlson-Wee stated in a news outlet that subsidizing ventures started by the network was late as far back as February.

“Tezos, a blockchain governance protocol, launched the beta version of its blockchain at the end of June, blockchain live at the end of June, but is still facing several class-action lawsuits. The foundation also just underwent a shakeup of its governing board following a protracted legal battle between the foundation and the token’s developers, Arthur and Kathleen Breitman,” reported Coindesk.

The Swiss-based blockchain project raised more than $232 million for its initial coin offering (ICO), a record-high token deal at the time.