Back to News

IOTA Foundation Introduces the IOTA Grants

Twitter icon  •  Published il y a 1 mois  •  Hassan Maishera

The IOTA Foundation announced via a blog post on Tuesday that it has launched IOTA Grants to provide support for aspiring innovators and creators around the globe.

The IOTA Foundation announced via a blog post on Tuesday that it has launched IOTA Grants to provide support for aspiring innovators and creators around the globe. IOTA Grants will provide financial assistance to those with promising ideas but lacking the resources to bring them to life.

The current focus of IOTA Grants is to support Open-Source Development, Research, Education, and Events, the foundation added.

IOTA is a permissionless distributed ledger "for a new economy." IOTA aims to support the growth of a machine economy by enabling "fee-less machine-to-machine payments," offering greater scalability than blockchain networks. IOTA is trading at $0.3840, up by less than 1% in the last 24 hours.

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.