The Ethereum Foundation has announced the first grants to support dapps and smart contracts on the Ethereum blockchain. The grants, announced on an Ethereum blog, are designed to support developers with R&D, experience and education.
The foundation views the grants as a signal to the community of its need to find the missing pieces of the Ethereum ecosystem that need more support.
The foundation plans to increase its efforts to support the community to make Ethereum scalable, useful and secure. While the grant program was announced as a strictly scalability focused program two months ago, it decided to broaden the support to projects also addressing usefulness and security.
Teams that win a grant receive non-dilutive funding, technical advice, connections to more users and a platform to share their work on.