New $60M web3 fund from Axelar offers close support from Circl | https://t.me/DApps_Web3
New $60M web3 fund from Axelar offers close support from Circle, Polygon & exposure to top investors
The interchain communication protocol, Axelar, has announced a $60M funding program to drive innovation for web3 startups building during the bear market. Given the current crypto landscape, such funds are likely to become a lifeline for new developers. Axelar stated that the fund is “geared for projects that are ready to raise institutional capital” while its Axelar Grant Program “supports idea-stage projects.” Applications for the Ecosystem Funding Program can be made through the Axelar funding request form. Those in the “idea stage” can apply for an Axelar grant via the project’s website.Solve global problems that the centralized internet cannot address.
