ConsenSys grants $175K to seven blockchain projects

Ethereum • October 10, 2019, 4:15AM EDT
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Ethereum development and venture studio ConsenSys has granted $175,000 to seven blockchain projects working on the ethereum network.

These include - Lighthouse, an ethereum software client; Tellor, a decentralized oracle network for open finance; and Alice, a decentralized app maker, among other open-source software projects, CoinDesk reported Thursday.

Yadira Blocker, head of experiential marketing at ConsenSys, said: “In Wave 1, we saw a lot of applications but they weren’t super strong. In Wave 2, we started to see more credible teams and more unique ideas come to the table.”

The third wave of ConsenSys grants is also open for applications since last month, with a remaining $220,000 left to give away. ConsenSys launched the grants program in February of this year, and so far has received over 150 applications, according to Blocker. 

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Yogita Khatri is a senior reporter at The Block and the author of The Funding newsletter. As our longest-serving editorial member, Yogita has been instrumental in breaking numerous stories, exclusives and scoops. With over 3,000 articles to her name, Yogita is The Block's most-published and most-read author of all time. Before joining The Block, Yogita wrote for CoinDesk and The Economic Times. You can reach her at [email protected] or follow her latest updates on X at @Yogita_Khatri5.

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