Cronos Ecosystem Grant Program

Mische Martinete — Wed, 05 Oct 2022 10:57:53 +0000

Cronos Ecosystem Grant Program batch 5 kicks off. The Cronos Ecosystem Grants program aims to support early-stage projects on Cronos by bootstrapping initial product development and providing technical support. It aims to align incentives together with new builders and teams by helping their projects grow together with the broader ecosystem.

Cronos Ecosystem Grants Program was established back in December 2021 with two clear goals in mind:

To support early-stage projects on Cronos by bootstrapping initial product development and providing monetary, technical, and marketing support
To align incentives together with new builders and teams by helping their projects grow together with the broader ecosystem

One key criterion of the grants was that projects had to build innovative products, especially within an underserved vertical within Cronos. For this fifth batch of Cronos Ecosystem Grant, the platform received a total of 180 applications and has narrowed it down to 7 projects for the fifth batch of grant recipients.

Cronos Ecosystem Grant Recipients Batch 5

1. Bitquery

Bitquery is a set of software products that parse, index and store blockchain data in a unified way. Additionally, Bitquery will be indexing, extracting, and presenting valuable data from the Cronos chain via APIs and on its explorer.

2. OpenLeverage

OpenLeverage is a permissionless lending margin trading protocol that enables traders or other applications to long or short on any trading pair on DEXs efficiently and securely. Furthermore, OpenLeverage will be deploying its margin trading services and isolated lending pools on Cronos.

3. Unmarshal

Unmarshal is a multi-chain Data Infrastructure providing simplified access to data on DeFi, NFT, and Metaverse. Additionally, Unmarshal will be indexing Cronos, providing data APIs, and integrating its suite of data products on Cronos.

4. Kairos

Kairos is a lending protocol using NFTs as collateral differentiating itself from the competition by offering better LTV and instant borrowing. Furthermore, Kairos will be integrating Cronos as part of its Mainnet launch.

5. Hummingbot

Hummingbot is open-source software that helps traders build high-frequency crypto trading bots that specialize in market making and arbitrage strategies. The Hummingbot will be integrating Hummingbot Gateway on Cronos.

6. Market.xyz

Market.xyz is a multi-chain permissionless lending protocol that offers isolated lending markets. The platform allows users to earn yield by supplying their cryptocurrencies as collateral to an isolated lending market or pool. Market.xyz will be integrating its platform on Cronos.

7. Subquery

SubQuery is a decentralized data aggregation, indexing & querying layer between Layer-1 blockchains and decentralized applications. In addition, SubQuery will be integrating Cronos, allowing projects and users to build custom GraphQL APIs, and providing enterprise-grade managed services for hosting.

ABOUT Cronos Ecosystem Grants

The Cronos Ecosystem Grants program aims to support early-stage projects on Cronos by bootstrapping initial product development and providing monetary and technical support. We aim to align incentives together with new builders and teams by helping their projects grow together with the broader ecosystem.

ABOUT Cronos

Cronos (cronos.org) is the first EVM-compatible Layer 1 blockchain network built on the Cosmos SDK, supported by Crypto.com, Crypto.org, and more than 300+ app developers and partners. Cronos is building an open ecosystem where developers can create their own DeFi and GameFi applications, targeting a base of 50+ million users globally. Earlier this year, Cronos Labs launched a $100M Accelerator program to help developers build new projects and the future of Web3 within the Cronos ecosystem.

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