Oct 30, 2019 ⋅ 1 min read
Polychain Capital has partnered with the Web3 Foundation, a Swiss non-profit fostering Polkadot development via grants, to create the Polkadot Ecosystem Fund. The fund focuses on projects building atop the Polkadot ($DOT) network. Unlike the Web3 Foundation’s grant program, the new fund may take an equity position in participating startups in exchange for an investment. The size of the fund is reportedly “in the orders of millions,” but the teams did not disclose their exact contributions.
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