We are excited to announce the fifth batch of the Cronos Ecosystem Grant Recipients!
We established the Cronos Ecosystem Grants Program back in December 2021 with two clear goals in mind:
- To support early-stage projects on Cronos by bootstrapping initial product development and providing monetary, technical, and marketing support
- To align incentives together with new builders and teams by helping their projects grow together with the broader ecosystem
One key criterion of the grants was that projects had to build innovative products, especially within an underserved vertical within Cronos. For this fifth batch of Cronos Ecosystem Grant, we received a total of 180 applications and have narrowed it down to 7 projects for the fifth batch of grant recipients.
Read on to find out more!
Cronos Ecosystem Grant Recipients: Batch #5
Grant Recipient #1: Bitquery
Category: Infrastructure
Bitquery is a set of software products that parse, index, and store blockchain data in a unified way. Bitquery will be indexing, extracting, and presenting valuable data from Cronos chain via APIs and on its explorer.
Grant Recipient #2: OpenLeverage
Category: DeFi
OpenLeverage is a permissionless lending margin trading protocol that enables traders or other applications to long or short on any trading pair on DEXs efficiently and securely. OpenLeverage will be deploying its margin trading services and isolated lending pools on Cronos.
Grant Recipient #3: Unmarshal
Category: Infrastructure
Unmarshal is a multi-chain Data Infrastructure providing simplified access to data on DeFi, NFT and Metaverse. Unmarshal will be indexing Cronos, providing data APIs, and integrating its suite of data products on Cronos.
Grant Recipient #4: Kairos
Category: NFT
Kairos is a lending protocol using NFTs as collateral differentiating itself from the competition by offering better LTV and instant borrowing. Kairos will be integrating Cronos as part of its Mainnet launch.
Grant Recipient #5: Hummingbot
Category: Infrastructure
Hummingbot is open-source software that helps traders build high-frequency crypto trading bots that specialize in market making and arbitrage strategies. Hummingbot will be integrating Hummingbot Gateway on Cronos.
Grant Recipient #6: Market.xyz
Category: DeFi
Market.xyz is a multi-chain permissionless lending protocol that offers isolated lending markets. The platform allows users to earn yield by supplying their cryptocurrencies as collateral to an isolated lending market or pool. Market.xyz will be integrating its platform on Cronos.
Grant Recipient #7: Subquery
Category: Infrastructure
SubQuery is a decentralized data aggregation, indexing & querying layer between Layer-1 blockchains and decentralized applications. SubQuery will be integrating Cronos, allowing projects and users to build custom GraphQL APIs, and providing enterprise-grade managed services for hosting.
About Cronos Ecosystem Grants
The Cronos Ecosystem Grants program aims to support early-stage projects on Cronos by bootstrapping initial product development and providing monetary and technical support. We aim to align incentives together with new builders and teams by helping their projects grow together with the broader ecosystem.
We warmly welcome any talented individuals & teams who are passionate and committed to building incredible products within the Cronos ecosystem.
Find out more about the Cronos Ecosystem Grants and how you can apply here.
About Cronos
Cronos (cronos.org) is the first EVM-compatible Layer 1 blockchain network built on the Cosmos SDK, supported by Crypto.com, Crypto.org, and more than 300+ app developers and partners. Cronos is building an open ecosystem where developers can create their own DeFi and GameFi applications, targeting a base of 50+ million users globally. Earlier this year, Cronos Labs launched a $100M Accelerator program to help developers build new projects and the future of Web3 within the Cronos ecosystem.
When developers build on Cronos, they can leverage all Ethereum developer tools (i.e. Solidity, Truffle, Hardhat, OpenZeppelin, Web3.js, ethers.js, ChainSafe Gaming SDK); leading crypto wallets (i.e. MetaMask, Crypto.com Defi Wallet, Trust Wallet); wrapped versions of the world’s top 50 cryptocurrencies; Cronos Play, a suite of developer tools for Unity, C++ and Unreal engine; and inter-blockchain communication (IBC) cross-chain connectivity to Cosmos chains; and as well as a rich ecosystem of composable DeFi and GameFi dApps.
Originally posted on https://medium.com/cronos-chain/announcing-batch-5-of-cronos-ecosystem-grants-64cf93b6c7f4