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The worldcoin Foundation is proud to announce the launch of its new $5 million community grants program — Wave 0. Under the program, the worldcoin Foundation will provide up to $5 million in grants to developers, entrepreneurs, startups and others to spur the growth and development of worldcoin technology and services.
As part of the program, participants will receive grants in the form of worldcoin tokens (WDC), which can be used to fund teams, pay for contract services, purchase development and marketing resources, and/or hire new personnel. Through these grants, the worldcoin Foundation will support the development of innovative technologies and applications that benefit the worldcoin community.
The goal of this initiative is to create a robust and dynamic ecosystem that encourages and supports innovation in the worldcoin space. With this program, the worldcoin Foundation hopes to stimulate the Worldcoin economy by incentivizing ideas that solve real-world problems and contribute to economic growth.
The program is now open for submissions, and applicants can start submitting their proposals for review. The Foundation will select and award grants twice a year, with the first grant round for Wave 0 to be announced by June 2021. To learn more about the program, please visit the worldcoin Foundation website.