Findora launches $100 million ecosystem fund
Findora
2021-10-28 06:20
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Findora also announced today that it will allocate 20% of the total supply of FRA as part of a multi-year community-led commitment to support the research, development, infrastructure, and liquidity funding projects of the Findora ecosystem built on Find

Launch of Staking on Findora Mainnet Beta, Findora EVM on Forge Testnet, and Findora’s first $50,000HackathonOn the heels of its imminent launch, today Findora also announced that it will dedicate 20% of the total supply of FRA ($105 million at the time of writing) as part of a multi-year community-led commitment to support the research, development, infrastructure and establishment of the Findora ecosystem Liquidity fund project based on Findora privacy protection technology.

A few days after Findora EVM was released on Devnet in September, developers in the Findora community began to try to develop DeFi projects on Findora, such as Pancakeswap, and everyone’s favorite OG NFT project CryptoKitties. Loot even had a demo on Findora, which got everyone excited for the future.

With so many different blockchain projects for developers to build on, Findora stands out because it is rooted in the spirit of the original cypherpunks, using advanced cryptography to facilitate programmable privacy.

Developers and verification node operators can apply for Grant funding through the Findora Foundation website to help them get started with some ideas and accelerate their growth. The Findora community will be able to vote on which projects get funded through a governance process managed by the DAO. Projects should meet the following criteria in order to be eligible for funding:

1. Projects must build a protocol or DApp directly on the Findora blockchain.

2. The project must impact Findora's ecosystem in a meaningful way

how to participate

how to participate

If you are a verification node operator interested in the Findora mainnet beta, or a developer interested in the development of Findora, you can download fromread the documentation,join inDiscord channeland throughfirst level titlestart.

About Findora

Findora is a public blockchain with programmable privacy. Originally conceived as a university cryptography research project in 2017 and eventually launched to the public in 2021, Findora leverages recent breakthroughs in zero-knowledge proofs and multi-party computation to allow users to conduct private transactions with selective auditing.

Findora is backed by Polychain, Powerscale Capital, Allchaineed, Cabin VC, Krypital Group, Axia8 Ventures, and has partnered with dozens of partners such as Tencent, BSN, MetisDAO, Taxa, Bank of Asia, Travel USA Express, MoneyMoov, IOTPay, YouWorld, Citcon, and Bayes companies and organizations have established partnerships. For more information, please visit findora.org.

Findora
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