Proof-of-work (PoW) blockchain Kadena has launched a $100 million grant program to encourage Web3 development on its platform, potentially opening the door to more use cases for the layer-1 protocol.
The grant program is an extension of Kadena Eco, an initiative designed to grow the Kadena ecosystem through the development of gaming, metaverse, nonfungible tokens (NFTs), decentralized finance (DeFi) and Web3 projects.