ORBS Third Call For Grants

Published on: 13.10.2022
ORBS Third Call For Grants

The Orbs project, together with its community, is building a public and permissionless ecosystem. As an expression of this value, the Orbs Ecosystem Grant Program provides grants to teams that make contributions to the project. Introducing the Orbs Third call for grants program.

The Orbs project is now launching a new call for grants under the OEGP. This call follows the recent announcement that Orbs is building on TON as its first non-EVM L1. For this round, the focus will be on development that will establish Orbs as a key TON ecosystem participant that is implementing new L3 use cases for protocols running on top of TON.

Ethereum Virtual Machine

When operating as L3, Orbs is naturally augmenting an existing base L1 blockchain layer and builds on top of it. Ever since Orb’s inception, this base layer L1 has always been the EVM – Ethereum’s Virtual Machine. Orbs run on top of all prominent EVM flavors, from Ethereum mainnet to Polygon, BSC, Avalanche, Fantom, and more and allow smart contract developers on these platforms to enhance the capabilities of their applications.

While Orbs strongly commits to the EVM and will continue forever building on Ethereum and EVM-compatible networks, they have never lost the dream to reach billions of end users with blockchain technology. They have been patiently waiting for an L1 that could carry this dream.

Orbs network is announcing that it is officially building on TON as the first non-EVM L1. Creating a new L1 ecosystem is a great pioneering endeavor. The TON ecosystem is emerging, and it is lacking the maturity of the EVM ecosystem, but it holds great potential. Orbs will be delighted to help bring it to maturity and fulfill its promise.

As an L3 infrastructure layer, Orbs is establishing itself as a key TON ecosystem. The participant that is implementing new L3 use cases for protocols running on top of TON. The emerging TON ecosystem has much room for Orbs innovations.

Huge potential for capturing exciting opportunities and becoming the first movers. They believe that Orbs can build some of the core infrastructures on TON and shoot to the moon as TON grows in traction.

FOLLOW ORBS NETWORK TO BE INFORMED

Website | Twitter | Telegram | Discord | GitHub | YouTube

REQUEST AN ARTICLE
Market Stats:
BTC Dominance: 57.17%(+0.40%/24h)
ETH Dominance: 12.55%(-0.17%/24h)
Defi Market Cap: $123.15B(+40.34%/24h)
Total Market Cap: $3531.42B(-3.42%/24h)
Total Trading Volume 24h: $261.9B(+28.90%/24h)
ETH Market Cap: $443.25B
Defi to ETH Ratio: 27.78%
Defi Dominance: 3.33%
Altcoin Market Cap: $1512.54B
Altcoin Volume 24h: $166.06B
Total Cryptocurrencies: 32908
Active Cryptocurrencies: 10424
Active Market Pairs: 94692
Active Exchanges: 771
Total Exchanges: 9749
BTC: 101970.46$(-0.49%/1H)
ETH: 3683.67$(-0.59%/1H)
AVAX: 42.57$(-1.54%/1H)
BNB: 698.84$(-0.74%/1H)
MATIC: 0.52$(-1.58%/1H)
FTM: 1.14$(-1.19%/1H)
ADA: 0.97$(-1.63%/1H)
DOT: 7.61$(-1.63%/1H)
UNI: 14.89$(-0.53%/1H)
CAKE: 2.75$(-1.68%/1H)
SUSHI: 1.68$(-1.5%/1H)
ONE: 0.03$(-1.22%/1H)