Composable Finance Grants Program For CosmWasm Developers

Published on: 16.05.2022
Composable Finance Grants Program

Composable Finance grants program for CosmWasm developers. Eligible projects will receive up to $100,000 and receive support from Composable Labs.

ComposableFinance is on a mission to actualize the cross-chain smart contract ecosystem that is required for ultimate interoperability. In addition, to accelerate the development of cutting edge cross-chain products within the Composable ecosystem. Notably with the reveal of the XCVM, ComposableFinance launching a grants programme for developers and projects building with CosmWasm. Besides, grants program is one out of multifaceted strategies to attract and support innovators that utilize and build with CosmWasm. Their aim is to ignite an industry-wide revolution of cross-chain applications using our XCVM whose de facto language for spinning up interoperable smart contracts is CosmWasm.

Furthermore, Composable Parachain is a custom built L1 intended to execute route orders for the XCVM. The XCVM, an IBC-connected cross-chain smart contract environment, allow for the orchestration of function calls across multiple ecosystems. Furthermore, as an extension of CosmWasm, the XCVM allows Terra developers to easily utilize the Composable framework to deploy on our Polkadot Parachain to tap into the unique features that are offered. Our team will counsel and work directly with projects that choose to build with us to ensure proper deployment.

Lastly, Beyond the grant funding, Composable Finance is committed to helping projects become scalable and as impactful as possible. To respect, team at Composable Labs they will be on hand to help grow and scale through strategic guidance, resourcing support and marketing growth dependent on the project needs.

About CosmWasm

CosmWasm is a new smart contracting platform built for the Cosmos ecosystem. CosmWasm originally prototyped by Team Gaians at the Berlin Hackatom 2019.

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About Composable Finance

Firstly, Composable Finance is a cross-layer and cross-chain interoperability platform for Layer 2 Ethereum and Polkadot/Kusama. Composable Finance is a cross-chain and cross-layer interoperability platform. The solution is Composable’s dual-pronged approach to interoperability, includes a hyper-liquidity infrastructure layer for DeFi assets that will be powered by both layer 2 on Ethereum and Polkadot.

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➡️Source:
https://composablefi.medium.com/composable-finance-launches-grants-program-for-cosmwasm-developers-d1d74c3b5765

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