On March 23rd, the Starknet Early Adopter Grants Committee launched the first round of EAG token grants today.
The committee is authorized to operate until June 30, 2023. The committee budget is 1 million STRK tokens, which will be distributed to project parties through multiple rounds. At present, project applications are open for the first round of funding activities. The deadline for applications is April 5, and the committee will make decisions on April 13, 2023.
Starknet stated that this round of funding is mainly aimed at applications deployed on the Starknet mainnet or one of the testnets before April 5th. The foundation will use other channels to fund off-chain infrastructure that contributes to the ecosystem (such as building developer tools) or the Cairo library).
As previously reported, the Starknet Foundation appointed five committees, including a provision committee responsible for planning the supply of STRK. The Early Adopter Grants Council is dedicated to fostering the growth of the Starknet ecosystem by providing grants to innovative teams building on-chain applications on Starknet.