Moonpay, a prominent provider of payment services in the blockchain market, declared an allocation of $555,000 to advance DAOs and NFT projects. The respective capital allocation is targeted at backing projects engaged in expanding innovation as well as development in the DAO and NFT ecosystem.
Moonpay Specifies $555k in a Grant for Growth in DAO and NFT Projects
As per the reports, the platform has invited interested parties to join the Discord community of Moonpay. The community comprises enthusiasts, entrepreneurs, and developers. The interested parties can partner up and get knowledge regarding the new developments in the world of DAOs and NFTs. By becoming a part of the Discord community of the platform, an opportunity will be provided to the applicants to cooperate with industry professionals.
As a result of this, they can have adequate support and resources that can assist them in succeeding in their projects. The grant program of Moonpay is open to several DAOs and NFT projects taking into account those related to finance, gaming, art, and so on. The firm is pursuing innovative programs that can grow the ecosystem of DAOs and NFTs with innovation.
The platform possesses a strong strategy to utilize the respective grant and fulfil its objectives. The grant offers an opportunity for decentralized autonomous organizations (DAOs) and non-fungible tokens (NFTs) to advance their ideas to another level. With Moonpay’s support, applicants can pay attention to the development of their projects along with expanding their communities with no worries regarding financial constraints.
Moonpay has expressed commitment to support the DAOs and NFT projects and the latest grant is a piece of evidence in this respect. This move is categorized among several other methods on which the platform is currently operating to spread growth and innovation in the market. With the provision of resources and funding for the projects to push the DAOs and NFT ecosystem’s boundaries, Moonpay is assisting in the creation of a dynamic and vibrant ecosystem.
Applicants Require Getting Membership in Moonpay Discord Community for Eligibility
The respective ecosystem is expected to provide an advantage to all the parties engaged with it. A noteworthy thing here is that the applicants require being the Moonpay Discord community’s members to get eligible for the grant. In this case, becoming a part of the Discord community counts as the initial move to apply for the latest grant. After doing that, the platform will support the DAO and NFT projects of the applicants with the funding.