Circle Awards Developer Grants to 13 Teams Advancing On-Chain Finance

Circle’s grant program backs 13 blockchain innovation teams, including Droplinked and Hurupay, aiming to accelerate breakthroughs in decentralized financial technology.

Summary

Circle officially announced 13 recipients of its developer grant program, including Droplinked, Encifher, Hurupay, Kantin, Locker, and others. According to the company, the initiative offers more than financial assistance, functioning as a launchpad for innovators in on-chain finance. The program seeks to empower creative teams and individuals to advance blockchain-based financial solutions and foster progress in decentralized finance.

Terms & Concepts
  • On-chain finance: Financial activities and services executed directly on a blockchain, ensuring transparency and decentralization.
  • Developer grant: Financial support provided to developers or teams to build and innovate within a specific technological or industry focus.
  • Blockchain-based financial solution: A finance-related product or service built on blockchain technology, leveraging features like smart contracts and decentralized ledgers.