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The Ethereum Foundation has announced a grant update as the “fourth wave” washes over.
[Blog] Ethereum Foundation Grants Update – Wave IV #ethereum #grants https://t.co/Xw39mmIX93 pic.twitter.com/gu0csjFlNk
— Ethereum (@ethereum) October 15, 2018
The announcement, an emoji-filled press release, details the 20 different individuals and entities who are working on the foundation’s blockchain.
The Wave IV Grantees fall under the following categories:
- Scalability,
- Security,
- Usability (DevEx),
- (#BUIDL),
- Hackternships, and
- Client Diversity.
The total awards came to over $3 million USD in funding with the biggest award going toPrysmatic Labs and Status. The companies, under the client diversity bracket, received $500,000 USD each.
The announcement also features a warming thanks to the community for their involvement in the blockchain platform:
“Thank you to all the fantastic community members that have applied with creative ideas on how to bolster our ecosystem. We would not exist without the time and energy that you put into Ethereum. While the program continues to grow, we will increasingly continue to involve more community members in the decision making process.”
The Foundation released the guidelines for the grants in the third wave of awards. It was explained:
“The EF Grants program is constantly evolving… Ideal applicants come with strong technical knowledge, project roadmap, and show a commitment to fostering collaboration within the ecosystem.”