Block.one venture capital arm to provide over US$1.5 million in grants to enable promising businesses built on or supporting EOSIO
HONG KONG, 17 December 2019 – EOS VC, the venture capital arm of blockchain software company Block.one, wants to make it possible for more EOSIO ideas to become innovations, and is now accepting applications for its Grants Program.
The Grants Program significantly builds on EOS VC’s mission to drive growth in the EOSIO ecosystem by welcoming active EOSIO community members as well as those nurturing up-and-coming projects using the protocol. Unlike EOS VC’s ongoing investments in EOSIO-based projects, the grants are awarded with no ownership conditions.
Recipients who qualify will be awarded the equivalent of US$50,000 each to complete milestones related to the advancement of the EOSIO ecosystem. Promising candidates of all stages, sizes and industry sectors are encouraged to apply today by completing the application form available on the EOS VC website.
“Since the EOSIO software was released in 2018, Block.one has supported the collaboration that has helped fuel the growth of the community of users and developers in all corners of the world,” said Brendan Blumer, CEO of Block.one. “We continue to be inspired by the passion we see from innovative blockchain companies that promote the global entrepreneurial spirit of our community. Through the EOS VC Grants Program, we intend to identify and empower even more people to further enrich the ecosystem with fresh ingenuity and imagination.”
Through direct investments as well as via holdings through its partner funds, EOS VC is invested in projects that have built or intend to build on the EOSIO protocol. Its current portfolio spans a wide breadth of investments which now include Alpha’a, Biscuit, CAPSL, Obsidian Labs, Persollo, Sprout Records, among others.
“With the debut of the EOS VC Grants Program, Block.one is opening up a unique pathway for projects involving both developers and supporters of the EOSIO platform who may not have access to traditional funding routes,” said Mike Alexander, CEO of EOS VC. “Providing this new option will spread the opportunities across the EOSIO community, and foster the development of early stage ventures.”
To learn more about the Grants Program or to apply please visit the EOS VC website at vc.eos.io.
About EOS VC
Block.one’s EOS VC offers developers and entrepreneurs funding towards creating businesses leveraging EOSIO. It provides support through venture capital partnership funds that primarily aim to achieve sustained utilization of the EOSIO ecosystem by investing in a concentrated and diversified portfolio of blockchain-focused companies building on the EOSIO software. The EOS VC initiative is dedicated to fostering a global network of individuals from a number of disciplines through our engagement events. As part of the mission and vision, EOS VC engages with the blockchain developer community on a regular basis. For further information, please visit block.one and vc.eos.io.
Block.one is a global software company specializing in high performance blockchain software. In 2018, it published EOSIO, a free, open-source protocol designed to bring speed, scalability, and ease of use to the secure and transparent fundamentals of distributed databases. Block.one’s venture capital arm, EOS VC, invests in companies, projects, and developers around the world leveraging EOSIO technology. Block.one’s social platform Voice aims to redefine social media by cultivating creation, sharing, discovery and promotion of content by real users.
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