New ConsenSys Blockchain Grant Program Opening Up to Ethereum (ETH) Ecosystem

Amanda Gutterman, the CMO for ConsenSys, just announced via Twitter that her firm has issued its latest grant offering. The announcement was made official by Joseph Lubin, who noted that the program could be availed of by any startup working within the ETH dev-space. The rewards are touted to be around the $500K mark, and will be given out to projects that will focus on certain aspects of the burgeoning blockchain industry, such as:

  • Infrastructure
  • Usability
  • Interoperability

    In relation to the matter, Gutterman said:

“The @ConsenSys Grant Program was announced this morning at #Devcon4 by @ethereumJoseph! We will award $500,000 to projects in the #Ethereum space who are focusing on infrastructure, research, interoperability, usability, and developer tools.”

A Brief History Of The Matter

During a conference that took place a few months back, Lubin, the co-founder of ETH as well as the CEO of ConsenSys, mentioned that his goal was to create diverse digital products that were ‘built at the application layer’.

At this point, it is also worth noting that one of today’s most widely used blockchain dApps, Metamask, has been developed by ConsensSys. The tool allows users to run Ethereum-based dApps on browsers instead of having to deploy fully-functional Ethereum nodes.

Final Take

A couple of months back, ConsenSys was listed by LinkedIn as being one of the top 50 startups within the United States. The list comprised of a number of other blockchain oriented firms including Coinbase, Ripple, Robinhood and Gemini.

ConsensSys came in at the 26th spot, whereas big names such as Coinbase and Ripple came in at the third and seventh positions respectively.

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