Web3 Foundation Announces 25 Million Funding Program for Polkadot Focus

The Web3 Foundation, the team behind Polkadot, has announced a new Decentralized Futures grant program, providing over $25 million to Web3 projects. According to the team, projects from various use cases have applied for grants through the program, including deployment tools, DeFi, social media, gaming, and blockchain-related solutions for recruitment. These use cases have been identified by reviewers as potential drivers for the advancement of the Polkadot network. As of September, over 250 projects have applied, with over 50 new projects successfully identified.