The MultiversX Foundation has recently launched Growth Games, the latest initiative. It is a groundbreaking $1.5M annual grant program. It is designed to boost the terms of innovation in blockchain and AI. This initiative aims to empower startups, developers, and teams. By doing this, the ambitious program wants to create transformative solutions in key areas like DeFi, AI, and education.
Growth Games is a comprehensive approach to nurturing a vibrant community of developers, it’s not just about funding. Furthermore, Growth Games strives to bolster blockchain adoption and solve critical and technological challenges.
MultiversX to Build the Future of Decentralized Tech by Growth Games
Growth Games has an annual budget of $1.5M. It reflects MultiversX’s dedication and commitment to advancing AI and blockchain territories. The three distinct funding pillars are featured in the program. Build pillar is the first which allocates $750K annually.
The aim is to onboard new developers and teams outside the MultiversX ecosystem. This segment targets projects that can fill the gap in crucial infrastructure, for this, a Request for Proposal (RFP) model is used. While using MultiversX technology, this section further develops essential tools and creates profound applications.
The Accelerate pillar offers $250K annually which helps the projects that already exist in the ecosystem. It further scales and enhances the existing project’s capabilities. Moreover, the initiatives like xLaunchpad and Co-incubation allocate $500K to further support five innovative projects. Each project mentioned is eligible for up to $100K fund.
Apart from financial support, the participants of the projects will receive mentorship, marketing resources, strategic advisory, and community engagement. The platform ensures that the participants receive the full support their projects need to succeed.
MultiversX Empowers Blockchain and AI Innovation
Growth Games, apart from its funding capabilities, bolster engagement via hackathons and retroactive contributor grants. It further keeps the innovative pipeline active and flowy. This initiative, with a delighted review committee evaluating applications, highlights the commitment of MultiversX, that is to accountability. It further underscores the platform’s commitment to funding. It is tied to milestone achievements and recipients who are required to report regular progress. This transparency ensures that the MultiversX ecosystem will be flooded with meaningful contributors.
Co-founder of MultiversX, Beniamin Mincu, has expressed his delight. He calls the initiative a “milestone” or the blockchain community. He highlights that “Growth Games presents an important acceleration milestone for MultiversX and the broader blockchain community. This $1.5 million initiative is a call to innovators and builders to build, accelerate, and launch the products that will make our lives better.”
This groundbreaking initiative sets the stage for the 2025 MultiversX ecosystem expansion. It demonstrates the vision of MultiversX for decentralized and scalable solutions. Growth Games cements MultiversX’s position as a leader in blockchain innovation. It also ignites developers to redefine the boundaries of decentralized technology.
