A 90-day competition will distribute token-funded grants to U.S. entrepreneurs, with the program set to award one $1 million prize in the coin.
A memecoin on Solana has launched a $1 million business challenge for U.S. entrepreneurs, funded in the project’s own token. The 90-day competition is structured as a grant program and is set to award one $1 million prize denominated in the coin. The announcement points to a growing pattern of crypto-native projects using token incentives to try to build community engagement and attract activity beyond trading.