{"id":299830,"date":"2021-07-15T18:00:00","date_gmt":"2021-07-15T15:00:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/1inch-foundation-launches-3m-grants-program-for-defi-developers\/"},"modified":"2021-07-15T18:00:00","modified_gmt":"2021-07-15T15:00:00","slug":"1inch-foundation-launches-3m-grants-program-for-defi-developers","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/1inch-foundation-launches-3m-grants-program-for-defi-developers\/","title":{"rendered":"# 1inch Foundation launches $3M grants program for DeFi developers"},"content":{"rendered":"<p>&#8220;<strong># 1inch Foundation launches $3M grants program for DeFi developers   <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDcvZDQxODA2NDEtNTJmYy00MTkyLThkMGUtOGQ4ZDQ3Mjc0ZDBiLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>1inch Foundation, the non-profit organization of the 1inch decentralized exchange aggregator, has earmarked $3 million to fund new protocol upgrades as part of a grants program targeting developers.\u00a0<\/p>\n<p>Over the next 12 months, 1inch Foundation will disburse grants for projects in the following categories: network development, community development and research and analytics. <\/p>\n<p>The network development category targets aggregation products, automated market makers, wallets, layer-2 protocols and integrations involving the 1inch API.<\/p>\n<p>For community development, eligible projects include educational materials, local meetups and hackathons. <\/p>\n<p>In the research and analytics category, 1inch Foundation is looking to fund projects around data analytics and research. <\/p>\n<p>Projects that have recently started in decentralized finance, or DeFi, and have no prior funding history are eligible to <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ly, 1inch Foundation said. After submitting an application, eligible applicants will be invited for an interview to determine grant potential. Winners will receive a formal grant offer and begin the onboarding process. <\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>1inch Foundation upgrades governance framework<\/em><\/strong><\/p>\n<p>1inch Foundation also announced that it has awarded its first grant of $100,000 in 1INCH tokens to DeNet, a decentralized storage and hosting platform. <\/p>\n<p>\u201cDeNet&#8217;s concept is based on utilizing unused disk space on personal computers for storing and hosting dApps,\u201d the Foundation explained. <\/p>\n<p>The 1inch Network officially launched in April of this year, though the project has been on crypto watchers\u2019 radar for much longer, having burst onto the scene <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/finance.yahoo.com\/news\/1inch-network-launched-transaction-volumes-095600794.html?guccounter=1&amp;guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&amp;guce_referrer_sig=AQAAAKHO7VMruKnY9AGgRtsbWx7dJ2kTFDfdDCYy-9GX6h5gWz8Lko0nWCRnlOkPKaaYHQw6Wz4Q7vhJFegaugzUgdw-MQ5U4JwDyTtDl56kmtkJcwXinoy_XM9J5m6GIVuzdAxp6tXm_FiV6PK8T0ah4Q9OvApKo2L7vW-hy1QNCuBH\">during<\/a> an ETHGlobal New York hackathon in May 2019. As Cointelegraph reported, 1inch launched its mobile application on Apple iOS in April. More recently, the protocol revealed a new stablecoin pegged to the U.S. dollar.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/1inch-foundation-launches-3m-grants-program-for-defi-developers\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# 1inch Foundation launches $3M grants program for DeFi developers &#8221; 1inch Foundation, the non-profit organization of the 1inch decentralized exchange aggregator, has earmarked $3 million to fund new protocol upgrades as part of a grants program targeting developers.\u00a0 Over the next 12 months, 1inch Foundation will disburse grants for projects in the following categories:&#8230;<\/p>\n","protected":false},"author":1,"featured_media":299831,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDcvZDQxODA2NDEtNTJmYy00MTkyLThkMGUtOGQ4ZDQ3Mjc0ZDBiLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74877,117,73821,25935],"class_list":["post-299830","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-decentralized-exchange","tag-business","tag-developers","tag-foundation"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/299830","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=299830"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/299830\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/299831"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=299830"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=299830"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=299830"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}