Binance Labs Grants First Fellowship Round Supporting Open-Source Blockchain Development

Binance Labs Fellowship helps the open-source constructing blocks of the blockchain stack, to foster a rising and vibrant blockchain ecosystem.

SAN FRANCISCO–April 11, 2019–Binance Labs, the enterprise arm of main cryptocurrency alternate Binance, as we speak introduced a grant of US$15,000 to every of its first three open-source Fellowship tasks: Ironbelly, a cellular wallet for the Grin blockchain; HOPR, a privacy-preserving messaging protocol; and, Kitsune Wallet, an upgradeable on-chain wallet. Ironbelly, HOPR and Kitsune Wallet will be part of the Binance Labs Fellowship as the primary ‘Fellows’.

“The Binance Labs Fellowship supports developers and researchers in creating free and open-source projects, enabling new innovations and businesses in the cryptocurrency economy,” stated Teck Chia, Partner at Binance Labs. “Through the Fellowship, we want to support early-stage projects by passionate developers who want to create the key building blocks for the entire blockchain industry. On behalf of the Binance community, we would like to thank these projects for their contribution to the blockchain ecosystem.”

Binance Labs Fellowship is an initiative to fund and assist open-source improvement tasks that contribute and have infrastructure worth to the worldwide blockchain ecosystem. Developers and researchers will obtain steering and assets from the Binance Labs community.

“We have seen firsthand how innovation depends on an engaged community of developers and entrepreneurs who imagine ideas and create new projects to bring products to market,” stated Flora Sun, Director at Binance Labs. “The more talent an industry attracts to the space, the higher chance that it will be successful and Binance Labs hopes to further enable the overwhelming talent and builders of our industry. Thus, our part is to support early-stage projects that are helping to create the building blocks and infrastructure for larger utility and enabling growth in the blockchain market.”

Ironbelly, HOPR and Kitsune Wallet are accepting matching contributions by Gitcoin Grants on grants acquired earlier than April 19, 2019.

Open-source builders and blockchain researchers are inspired to use for the Binance Labs Fellowship at: https://binancefellowship.com/

Binance Labs goals to understand the complete potential of blockchain expertise, supporting: early-stage blockchain tasks by the Incubation Program; high entrepreneurs by strategic direct investments; and open-source builders by the Fellowship.

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