Tezos Foundation Issues 14 Grants For Projects In DeFi Smart Contracts, and XTZ Block Explorers

The Tezos Foundation has released a series of grants for a number of crypto related projects that responded to the foundation’s calls for proposals. According to an announcement made by the foundation, they have issued 14 grants to various projects that are working towards furthering the interests of the Tezos project. The size of the grants was not disclosed in the announcement.

Project proposals were requested by the Tezos Foundation, and many crypto projects responded to the call. The recipients of the grants will be focused on the development of applications created on Tezos smart contracts, various tools for developers who use Tezos, Tezos oriented training projects, block explorers, and marketing projects that will place Tezos on the map in the crypto community. The main aim of all these projects is to increase the awareness of crypto users about Tezos and what they aim to achieve.

Description of Tezos Grant Winning Projects

Tezos’ announcement of the issuing of grants was accompanied by some information about the projects that were awarded grants by the foundation. One of the projects is the development of a Telegram bot which will monitor all activity on the Tezos blockchain. The monitored activity will include transactions executed on the blockchain, doubles-baking, and any missing block endorsements.

There is a wide range of other areas that will be covered by the projects that have received grants from Tezos. These include learning related materials, which has been an area of interest for Tezos for a long time. The original Tezos blockchain is also going to be expanded by one of the grant winners, and another will help convert the platform into a self-sustaining library system.

The range of projects being funded by the Tezos Foundation shows that they are interested in becoming one of the biggest and most important blockchain projects in existence. It has also given many developers the chance to create long lasting and important blockchain functions, which can facilitate the mainstream adoption of the technology.

Tezos Becoming a Major Player in the Blockchain Industry

Tezos is on its way to becoming one of the biggest blockchain players. Big investment banks and firms have expressed interest in Tezos and there are plans to invest in the blockchain foundation. BTG Pactual, a Latin American investment bank, said that they have plans to move their security token offerings (STOs) to Tezos’ blockchain.

Get Free Email Updates!

*Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

Ali Raza
Ali Raza
A freelance journalist, with experience in web journalism and marketing. Ali holds a master degree in finance and enjoys writing about cryptocurrencies and fintech. Ali's work has been published on a number of cryptocurrency publications.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer


Please enter your comment!
Please enter your name here


Live Bitcoin Price & Latest BTC Charts

Today's Latest Crypto News

65% Vote For ‘Zero Compensation' For MakerDAO Vault Owners Who Lost $8M On Black Thursday Crash

MakerDAO votes against compensating vault owners following the Black Thursday crash in March of this year. Over 65% of the votes cast opted...

Gemini Crypto Exchange Opens Up GBP for Buying, Selling, and Trading for UK Customers

Cryptocurrency exchange Gemini is now expanding into the UK. The launch follows obtaining an electronic-money institutions (EMI) license from the Financial Conduct Authority (FCA) after...

Stocks & Gold Getting Hammered But Bitcoin Fundamentals Do Not Support A BTC Crash to $7k

In another red day of the week, Bitcoin dropped to about $10,150 level. Just like the weak price performance, with BTC currently trading around...

People's Bank of China (PBoC) Testing Digital Yuan (DCEP) for Credit Card Payments

China has been aggressively developing its central bank-issued digital currency (CBDC), popularly known as digital yuan. As per the latest reports, the People's Bank...

Indian Crypto Exchange, Pluto, Pulls An Exit Scam on Investors; Making Off With $270K

A Delhi-based crypto exchange, Pluto, has allegedly exit scammed and stolen about $270,000 worth from 43 investors. The local reports suggested that the Economic...

BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.

Start Using Crypto Today