Starnet Early Adopter Grants Committee Launches First Round of Token Grants

On March 23rd, the Early Adopter Grants (EAG) Committee of Starnet launched the first round of EAG token grants today. The committee is authorized to operate until June 30, 2023, with a budget of 1 million STRK tokens, which will be distributed to the project party through multiple rounds. Currently, the application deadline for the first round of funding activities is April 5, and the decision time for the committee is April 13, 2023. Starknet stated that this round of funding is mainly aimed at applications deployed on Starknet’s main website or one of its test websites before April 5. The Foundation will fund off chain infrastructure that contributes to the ecosystem through other channels (such as building developer tools or Cairo libraries).

Starnet Early Adopter Grants Committee Launches First Round of Token Grants

Interpretation of this information:

Starknet, a decentralized solution for complex and high-throughput computations, has launched the first round of Early Adopter Grants (EAG) token grants through its EAG Committee. The committee has a budget of 1 million STRK tokens, which will be distributed in multiple rounds until June 30, 2023. The first round’s application deadline is April 5, with the committee’s decision time set for April 13, 2023. The grants will primarily be awarded to projects deployed on Starknet’s main website or test websites before the deadline. Off-chain infrastructure, including developer tools and Cairo libraries, may also receive funding from the Foundation for ecosystem contributions.

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