Rootstock $2.5M Grants Program Enters Wave III

Exciting news to share with crypto enthusiasts and developers as Rootstock's grants program enters its third wave, offering a significant opportunity for entrepreneurs to turn their novel ideas into reality and start building on Bitcoin.

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With the success of the first two waves behind them, Rootstock is now inviting visionaries and creators to participate in the next round, where they take a chance to secure a portion of the impressive $2.5 million funding pool.

What is the Rootstock Grants Program?

Rootstock, the leading smart contract Bitcoin sidechain, has been actively supporting projects within its thriving ecosystem ranging from wallets and payments to DAOs and NFTs.  Rootstock’s Grants Program is specifically designed to empower developers, providing them with support, mentorship, and marketing assistance.

The goal of this grants program is to encourage the development of decentralized applications on Rootstock and contribute towards bringing DeFi capabilities to the Bitcoin network.

With that said, it is only appropriate to celebrate the winners of the first 2 waves.

Celebrating Innovation: Previous Grant Winners

Now let’s take a moment to celebrate the achievements of the past 2 waves grant winners who presented solutions that showcase the diverse potential of projects, on the Rootstock blockchain:

1. Asami/Nostr Ads: Empowering Content Creators

   
   

   Asami allows creators to monetize their work while simultaneously managing the ads displayed on their content, a problem currently facing many content creators on Web2 applications. Asami will leverage Rootstock’s smart contracts to ensure transparent communication, benefiting both creators and marketers.

   
   

2. RskNFT: Simplifying NFT Creation

   
   

   RskNFT simplifies the complex process of starting an NFT collection, providing a user-friendly way to build, deploy, and manage NFTs while fostering community growth and collaboration. RskNFT ensures a secure and fraud-free environment with features like staking and burn-to-withdraw mechanisms, empowering digital creators and art enthusiasts.

   
   

3. Footprint Analytics: Data-driven Insights

   
   

   Footprint Analytics is a project focused on empowering blockchain developers with a user-friendly data-visualization tool that offers support for 27 chains and a multichain API.

   This data-visualizing tool aims to provide NFT collections, GameFi projects, and DeFi protocols with actionable insights, accelerating growth across the ecosystem.

   
   

4. Tuki: Transforming Digital Assets

   
   

   Demand for stable and accessible cash is rising fast in regions facing high inflation and with high rates of unbanked population, bringing with it demand for cryptocurrencies and stablecoins. Tuki is looking to address this demand with a self-custody debit card, making digital assets usable in everyday life.

   
   

   Rootstock's grant supports Tuki in enhancing technical capabilities and expanding market reach to unbanked and underserved communities.

   
   

5. Wooy: Driving Social Impact

   
   

   Wooy enables businesses, projects, and individuals to drive social and environmental change using Proof-of-Donation NFTs.

   
   

   Wooy enhances brand image, attracts new customers, and drives change by contributing to Rootstock’s vibrant ecosystem.

   
   

6. OrdinalDAO: Enhancing Liquidity and Utility

   
   

   Bitcoin Ordinals, digital assets that inscribe unique images onto satoshis, are the focus of OrdinalDAO.

   
   

   This project is developing a liquidity pool lending protocol with Rootstock's smart contracts to establish a decentralized marketplace for lending and borrowing Ordinals.

   
   

   These 6 winners and 10 others were granted around $25,000 each, along with mentorship, marketing support, and access to community to test out their new projects. You too can have that support!

Your Chance to Get Funding: Join Wave III and Build on Bitcoin

is calling for visionary builders to join Wave III and contribute to the world of blockchain technology by building DeFi on Bitcoin.

If you have a novel idea or a project that could elevate Rootstock's offerings, seize this opportunity.

The application window remains open until November 17th. Don't miss your chance to make a significant impact on the future of decentralized finance and innovation.