Stellar Development Foundation Announces A $10 Million Funding Program

Twitter icon  •  Published vor 1 Jahr  •  Hassan Maishera

The Stellar Organization announced in a blog post on Wednesday that it has launched a $10 million Soroban-focused awards program through its Stellar Community Fund (SCF).

The Stellar Organization announced in a blog post on Wednesday that it has launched a $10 million Soroban-focused awards program through its Stellar Community Fund (SCF). Starting on February 13, the Stellar Community Fund will support developers as they experiment with Soroban, the new smart contract platform built for Stellar, which was designed for scale, access to financial rails, and a batteries-included development experience. The Stellar Community Fund is open to a wide range of applicants, from individual developers to startups to long-lived companies as well as educators and community coordinators, the team added. 

Stellar is an open-source network with the mission to "create equitable access to the global financial system." Stellar is maintained by the Stellar Development Foundation, a non-profit organization established in 2014. XLM is down by 2% in the last 24 hours and is now trading at $0.0896 per coin. 

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.