The Solana Foundation is thrilled to announce that it is offering $400,000 in grants targeted at developers utilizing open-source tools like Actions and Blinks.

The non-profit organization dedicated to the advancement of the Solana ecosystem is the driving force behind this new grant initiative, offering substantial funding to developers. Solana Foundation This organization aims to foster the development of extensive projects and has outlined various funding tracks. One of these key areas focuses on Application Programming Interface (API) frameworks, which are essential for creating effective actions and APIs that simplify the process.

Another track emphasizes non-web blinks clients and mobile builds, which are aimed at creating solutions for platforms like Telegram, Discord, and Reddit, in addition to rolling out fresh mobile applications tailored for blinks.

Another focus is safety and security infrastructure; projects under this category will work on establishing transaction standards to reduce the risk of scams, enhancing security through delegated wallet systems, and introducing automated security checks for developers.

Projects that design systems for social verification and identity tools are also encouraged to apply. This could involve showcasing non-fungible tokens (NFTs) from users interacting with Actions and Blinks, creating new reputation systems or gamified experiences within the Actions ecosystem, and implementing proof of engagement mechanisms.

To be eligible for the program, participants must ensure that their projects related to Actions or Blinks tooling are publicly accessible and open-source upon completion, allowing others to review their code. Additionally, these projects should foster innovation and provide significant benefits to the Solana ecosystem.

The Solana Foundation is eagerly opening the application process for grants aimed at developers engaged with Solana Actions and Blinks tooling, with an impressive pool of up to $400,000 in funding available for innovators! the Foundation Entities that are either newly emerging or already established can apply, provided they uphold open-source principles.

With Solana Actions, users can turn any transaction into a blockchain link, which can seamlessly be shared online without the need for intermediary apps. Solana Blinks facilitate the conversion of these actions into shareable links, enabling websites capable of displaying URLs to initiate Solana transactions. This functionality opens up websites and social media platforms to serve as gateways for on-chain transactions, thereby enhancing the accessibility of decentralized applications.

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Alisa, a passionate journalist with the Metaverse Post, focuses primarily on cryptocurrency, zero-knowledge proofs, investments, and the vast world of Web3. With her deep understanding of emerging trends and technologies, she offers in-depth stories that aim to engage and educate readers navigating the ever-changing digital finance landscape.