Tezos Foundation adjusts funding application process: no more solicitations for investment proposals
Tezos Foundation announced an adjustment to their funding application process. Starting from April 2nd, the investment proposal solicitation activity on the website will be discontinued. This decision was made due to limited success rates of investment applications and feedback from the ecosystem team. In the future, investment applications will be identified by the Tezos Foundation and members of the ecosystem team. The Tezos Foundation is transitioning from a continuous open funding program to a quarterly review cycle in order to provide more targeted support and improve application quality. Applications can still be submitted at any time, but there will be a centralized review process at the end of each quarter.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Vitalik Buterin Boosts Tornado Cash Defense Fund with $240K Donation
Polymarket Betting Volumes Surge Beyond $2 Billion as U.S. Presidential Election Fuels Speculation
Ripple’s XRP Ledger Could See $50 Trillion in Volume, Predicts Archax CEO
UAE exempts crypto transfers, conversion from value-added tax