Block.one to Provide over US$1.5 million in Grants to Promising Businesses Built on EOSIO

EOS VC, the venture capital arm of blockchain software company Block.one wants to make it possible for more EOSIO ideas to become tangible innovations and is now accepting applications for its Grants Program. 

According to a press release on Dec. 17, the Grants Program is designed to drive growth in the EOSIO ecosystem by welcoming active EOSIO community members as well as those nurturing up-and-coming projects using the protocol and the grants are awarded with no ownership conditions. Recipients who qualify will be awarded the equivalent of US$50,000 each to complete milestones related to the advancement of the EOSIO ecosystem.

Brendan Blumet, CEO, Block.one said, “Since the EOSIO software was released in 2018, Block.one has supported the collaboration that has helped fuel the growth of the community of users and developers in all corners of the world. We continue to be inspired by the passion we see from innovative blockchain companies that promote the global entrepreneurial spirit of our community. Through the EOS VC Grants Program, we intend to identify and empower even more people to further enrich the ecosystem with fresh ingenuity and imagination.”  

Through direct investments as well as via holdings through its partner funds, EOS VC is invested in projects that have built or intend to build on the EOSIO protocol. Its current portfolio spans a wide breadth of investments which now include Alpha’a, Biscuit, CAPSL, Obsidian Labs, Persollo, Sprout Records, among others.

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