Sui Awards Grants to Fuel Ecosystem Innovation

IconCryptoNewsTerminal Staff16 Jul, 2024

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Sui Awards Grants to Fuel Ecosystem Innovation

Sui has announced the first batch of grant recipients for its Request for Proposals (REP) program, aimed at fostering innovation and growth within the Sui ecosystem. The program seeks to support projects that align with Sui's mission of providing a scalable, secure, and user-friendly blockchain. The inaugural cohort of REP grant recipients includes: - Byzantion: Developing a fast and secure smart contract execution environment on Sui. - Hashcase: Building a suite of developer tools, including a test framework and debugging tools. - Arden Labs: Exploring advanced cryptographic techniques to enhance Sui's security. - Mojito: Creating an intuitive developer onboarding experience for Sui. The specific grant amounts were not disclosed by Sui. However, the REP program is expected to provide substantial funding to support the development of promising projects that contribute to the growth and vitality of the Sui ecosystem.

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