Blockchain
TRON DAO Announces New Grants Program to Foster Growth of Overall Ecosystem
Geneva, Switzerland–(Newsfile Corp. – July 25, 2022) – TRON DAO is thrilled to announce its Developer, Community Ambassador, and Influencer Grant Programs to BUIDLers on the TRON network.
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As one of the largest DAOs, TRON is always looking for new opportunities to grow its ecosystem and further engage its vibrant global community.
The Community Ambassador Grant Program will encourage a gateway between the DAO and multiple dedicated TRON friends and families to expand the TRON ecosystem. With a quarterly grant allocation of $30,000, the program aims to cultivate relationships between the DAO and established Ambassadors actively engaged within the TRON Community.
The Community Ambassador Grant criteria include:
- Established community on a popular Social Network, e.g., Discord, Telegram, or Twitter
- Sustained history of regular engagement within the community
- Genuine support for TRON DAO and its community objectives
- Solid understanding of the TRON ecosystem
The Developer Grant Program will also boost a bridge between the DAO and various core developers to expand the TRON network. With a quarterly grant allocation of $90,000, this program aims to formulate multiple incubation spaces designed to engage and empower leaders to promote new use cases of the TRON blockchain.
The Developer Grant criteria include:
- Established project with proof of concept, e.g., Github Repository, or Provable Suggestions to improve the TRON blockchain and its ecosystem
- Sustained history of consistent development efforts
- Genuine support for TRON DAO and its community objectives
- Solid understanding of the TRON ecosystem
In addition to the Developer Grant Program, TRON has a Bug Bounty Program that aims to incentivize developers to search for system vulnerabilities. The program aims to help make the ecosystem safer, more robust, and more functional. Grants will be awarded depending on the bug’s complexity, level of vulnerability, and the replicability of the problem found.
In an effort to support public good and the dissemination of valuable information about the TRON Ecosystem, the Influencer Grant Program will provide strategic support for TRON eco-educators. Influencers working on TRON DAO-related projects and outreach are eligible to apply for these funds. With a quarterly grant allocation of $45,000, the program aims to work with different channels of social media influencers to amplify their messages and create an authentic stream of highly informative content throughout the entire TRON ecosystem.
The Influencer Grant criteria include:
- Established Social Media Channels with crypto-relevant content
- Sustained history of consistent quality content creation
- Genuine support for TRON DAO and its community objectives
- Solid understanding of the TRON ecosystem
Once the applicant applies and fills out the form, the Ecosystem Development Team will reach out to follow up and connect.
About TRON DAO
TRON is dedicated to accelerating the decentralization of the internet via blockchain technology and decentralized applications (dApps). Founded in September 2017 by H.E. Justin Sun, the TRON network launched MainNet in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network, as of July 2022, has over 103 million total user accounts on the blockchain, more than 3.5 billion total transactions, and over $11 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently, the over-collateralized decentralized stablecoin USDD was launched on the TRON blockchain, backed by the first-ever crypto reserve for the blockchain industry – TRON DAO Reserve, marking TRON’s official entry into decentralized stablecoins.
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Media Contact
Feroz Lakhani
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/131831
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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