PolkaPort East Receives Grant from Web3 Foundation to Bolster Polkadot’s Presence in Asia

IconCryptoNewsTerminal Staff04 Jun, 2024

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PolkaPort East Receives Grant from Web3 Foundation to Bolster Polkadot’s Presence in Asia

PolkaPort East Receives Grant from Web3 Foundation to Bolster Polkadot’s Presence in Asia The Web3 Foundation, the developers behind layer-0 blockchain platform Polkadot (DOT), has awarded a grant to PolkaPort East, a Greater Bay Area-based Polkadot investment relations and growth-focused initiative. This marks the Web3 Foundation’s Decentralized Futures (DF) grant program’s first grant to an Asia-based entity. The grant will support the promotion of the Polkadot ecosystem and drive capital into the space. In particular, it will aid in decentralizing and strengthening the Polkadot network in Hong Kong. “The grant will help promote the Polkadot ecosystem and drive capital into the space. In particular, it will help decentralize and strengthen the Polkadot network in Hong Kong,” said PolkaPort East Co-Founder Max Rebol. The Web3 Foundation’s DF grant program supports projects that contribute to the development and growth of the Polkadot ecosystem. The program has awarded over $20 million in grants to date. PolkaPort East is a leading Polkadot investment relations and growth-focused initiative in the Greater Bay Area. The company provides a range of services to help projects build and grow their communities. The grant from the Web3 Foundation is a significant boost to PolkaPort East’s efforts to promote the Polkadot ecosystem in Asia. The company plans to use the grant to expand its team, develop new initiatives, and host events.