A blockchain ecosystem is offering $100,000 in funding to developers with big ideas — incubating early-stage projects that can transform the crypto world in the future.
Callisto Network launched the We Fund You program in February 2022, and hand-picked projects also get to benefit from technical support.
After receiving countless submissions, four startups were awarded a grant — and now, the EVM-compatible network is championing these up-and-coming projects.
One of them is GAT Network, which requested $50,000 in funding as it establishes a next-generation crypto marketplace and NFT toolbox.
This team of five developers said they were drawn to Callisto Network because of low gas fees and high transaction speeds — not least because this "opens the door to interesting GameFi ideas that were put on hold due to high costs" on rival chains.
Elsewhere, Power-C.ar requested $25,000 from this ecosystem, along with technical and marketing support. It's a significant milestone because this is the first NFT project to be launched on the Callisto Network.
Securing such funding can also open the door to new opportunities. PowerCar's developer went on to join Callisto Enterprise to work on smart contracts, and his new employer also acquired the project.
Callisto Network also says it's been determined to support passionate developers who are taking their very first steps into this fast-moving industry.
At just 16 and 17 years old, Patrik Čermák and Mojmír Zálešák are the youngest developers to receive a grant from the We Fund You program — $25,000 in order to help people their age elevate their investment skills.
Teramite will soon offer courses and presentations that educate youngsters about crypto, encryption, programming, investments and
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