Leading supplier of Web3 payment infrastructure, Fuse Network, has unveiled its innovative Web3 Business Grant Program, providing $10 million to help support international companies.
The project seeks to provide infrastructure and necessary funding in order to facilitate Web3 payment system access and enable enterprises worldwide.
Fuse Network’s $10 million grant program is a calculated step toward advancing Web3 technology and meeting the various demands of multinational corporations. The program streamlines non-custodial consumer finance applications and ensures speed and dependability in the quickly changing digital ecosystem by emphasizing Web3 and encouraging widespread usage.
The Web3 Business Grant Program is open to applicants from a variety of industries. These include companies looking to improve user acquisition through Web3 communities, fintech companies looking to deploy non-custodial mobile solutions, and businesses interested in digitizing consumer clubs or developing digital loyalty programs.
Fintech that addresses payment-related issues like digital identities, unbanked communities, and currency instability is also welcome to the program.
Fuse’s CEO and co-founder, Mark Smargon, reaffirmed the company’s dedication to creating a vibrant Web3 innovation ecosystem by means of the grant program. The project is a reflection of Fuse’s commitment to offering vital resources that companies need to thrive in the ever-changing Web3 environment.
With its customized ecosystem and architecture, the Web3 Business Grant program provides a stablecoin-focused payment system that makes it easier for businesses to navigate the blockchain. This system uses open-source API/SDKs and a common EVM blockchain environment to enable quick, affordable, and international transactions while freeing enterprises from vendor lock-in.
Ira Lakhman, Chief Operations Officer of Fuse, underlined the idea that Web3 is where payments are headed and outlined Fuse’s contribution to that direction. The company’s dedication to assisting initiatives that maximize the potential of decentralized blockchain technology is demonstrated by the grant program.
Companies from all over the world are welcome to apply for the Web3 Business Grant Program by visiting the Fuse Web3 Business Grant website, reading the guidelines, and completing the application. Successful applicants can anticipate a final decision within two weeks after submission.