Web3 Foundation plans to deploy US$22.08 million and 5 million DOTs next year to promote the development of Polkadot

Odaily News Polkadot development organization Web3 Foundation announced a new plan to deploy 20 million Swiss francs (approximately US$22.08 million) and 5 million DOTs (approximately US$19.3 million) in 2024 to encourage wave development. Cards for teams and individuals who have contributed. The Web3 Foundation said this will enhance the Polkadot Treasury’s community governance financing mechanism to help projects that have a meaningful impact on Polkadot’s future. Details on the official launch date and how to apply for funds will be shared in the coming weeks.