Ayodeji Ayenuwa
Fuse Network has rolled out a $10 million Web3 Business Grant Program, dedicated to enhancing global businesses’ access to Web3 payment systems.
This initiative simplifies the intricacies of Web3 payment infrastructure development, aligning with Fuse’s commitment to driving the evolution of Web3 technology and mainstream adoption.
The program, targeting various sectors, offers support to businesses aiming to increase user acquisition by leveraging Web3 communities, fintech firms implementing non-custodial mobile solutions, and companies implementing digital consumer clubs or loyalty programs.
It addresses payment-related challenges such as unbanked communities and currency volatility, catering to diverse creative use cases benefiting from Web3 technology.
“Our grant program is a testament to our dedication to providing essential resources for businesses to flourish in the Web3 landscape,” emphasizes Mark Smargon, CEO and Co-Founder at Fuse.
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The Web3 Business Grant Program introduces a stablecoin-focused payment system to simplify blockchain complexities for businesses globally.
This system facilitates rapid, cost-effective global transactions, providing businesses with freedom from vendor lock-in through the use of open-source API/SDKs and a standardized EVM blockchain environment.
“I believe that the future of payments lies within Web3, and Fuse is driving that future. Our grant program reflects our commitment to supporting projects that leverage the full potential of decentralized blockchain technology,” adds Ira Lakhman, Chief Operations Officer at Fuse.
Successful applicants gain exclusive access to Fuse Network’s ecosystem and infrastructure, receiving grants designed to expedite the development of pioneering payment systems.
Businesses globally are encouraged to apply for the Web3 Business Grant Program by reviewing criteria on the Fuse Web3 Business Grant website. Final decisions are expected within two weeks of submission.
Fuse Network’s commitment to revolutionizing Web3 payments solidifies its leadership in simplifying blockchain-based payments for global businesses, showcasing innovation through practical solutions and grant initiatives.
Additionally, the incorporation of stablecoin-focused payment systems highlights Fuse’s dedication to addressing global transaction challenges.
For More Information and to Apply, Click Here
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