EOS Creator to Provide Over $1.5M via New EOSIO Grant Program

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Block.One CEO Brendan Blumer said that the firm intends to identify and empower “even more people to further enrich the ecosystem with fresh ingenuity and imagination” through the EOS VC Grants Program.

Projects of all stages, sizes and industry types are invited to apply by completing the application available on EOS VC’s website.

The news comes after Block.One publicly announced that it will start participating in the election procedures for block producers on the EOS blockchain in mid-November. The company claims that it holds at least 9.5% of the circulating EOS supply.

Recently, Cointelegraph reported on major Ethereum venture production studio ConsenSys that selected seven new Ethereum-based projects to support with $175,000 of funding. As of October 2019, ConsenSys Grants scheme reportedly granted $330,000 to 15 startups since February this year.

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