Blockchain
Manta Foundation launches $50 million EcoFund and Ecosystem grants program
June 13: The Manta Foundationin support of the Manta Network family of blockchains focused on zero-knowledge cryptographylaunched a $50 million EcoFund and Ecosystem Grant program to support early-stage blockchain projects globally, according to the team: “Manta aims to foster a rich and dynamic ecosystem where projects can contribute to and benefit from the Manta network. This fund will target high-potential areas such as AI, ZK and DePIN to maximize ecosystem impact, driving the growth and technological advancements in these key areas and more. Manta is extremely committed to nurturing emerging projects and this approach will help ensure Manta remains at the forefront of dApps.”
Movement Labs announces the “Battle for Olympus” hackathon.
June 13: Movement laboratories announced the launch of “Battle of Olympus“, an innovative hackathon designed to “drive the growth and adoption of Movement, the first modular Move-based blockchain network,” according to the team: “The hackathon will take place from July 17th to September 17th. The Battle of Olympus is a key component of Movement Labs’ larger Road to Parthenon initiative, a community program aimed at fostering the development of a robust and thriving ecosystem on Movement Labs’ future core network. The hackathon features a gamified structure, where participants earn points and prizes as they progress.”
McLaren data tracker on Minima Blockchain could prevent race car cheating
June 13: Minimumdescribing itself as the only blockchain Lightweight enough to run entirely on mobile devices and device chips, says it is working with Influx Technology to integrate a data tracker into a Mclaren GT4 – a skill that could improve race performance and prevent cheating. According to Press release: “Data points on more than 20 parameters including vehicle ignition timing, braking, oil pressure, engine temperature, steering angle and rotation, as well as gear shifting, are collected by the ‘ DePIN Data Logger’ in real time…. Minima’s innovative blockchain design protects the data hash, proving its history and integrity, while the actual data is stored on the device or in cloud storage, regardless of user permissions. validators. Due to the low requirements to validate data on the blockchain, any IoT device can operate a full node and collect its data. This allows the data to be verified by other nodes on the network while being stored on the device itself.”
Polygon Labs Completes Spinout of ID Solution as “Privado”
June 13: Polygonal laboratoriesthe lead developer behind the Ethereum scalability project Polygon, has completed the spinout of its ID solution as “Privado ID,” according to a Press release. The “protocol-agnostic design, from the team behind the Iden3 protocol and Polygon ID, is proposed for expansion beyond Polygon networks…. Privado ID is actively establishing strategic partnerships with onchain and institutional organizations. These include notable evidence of – concepts (PoCs) with several multinational banking and financial services companies, aimed at establishing the technical foundations for interoperable and compliant identity structures…. The PoCs also explore the use of Privado ID verifiable credentials (VCs) as a point of access control for authorized financial services transactions.” (MATIC)
The Graph Foundation’s “Sunrise” initiative eliminates centrally hosted service
June 13: Chart foundationwhich manages the core developers of the blockchain indexing project The Graph Network, has completed its Sunrise “to fully decentralize the Web3 data layer,” according to a message from the team: “This milestone marks the maturity of the protocol, eliminating the limitations of a centralized hosted service ‘training wheels.’” According to the initiative project documentation, “The goal is to enable subgraph developers to seamlessly upgrade to The Graph’s decentralized network… Hosted service endpoints will no longer be available after June 12.” A Sunrise Upgrade program is available until June 20th.”
Livepeer.AI launches three-month grant program for ‘Generative Video Innovation’
June 13: Livepeer AIan AI-focused affiliate of the decentralized video streaming network Livepeerlaunched grants for generative video innovation, according to the team: “The quarterly program offers practical development support to bring generative artificial intelligence projects to market. Accepted projects receive a $20,000 grant, plus a $20,000 infrastructure budget for AI processing, which often becomes a major expense when AI projects try to scale. Applications are open now and accepted on an ongoing basis…. Existing projects looking to integrate generative video into their products are encouraged to apply.
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