The incentive plan is used to incentivize and support Internet computer entrepreneurs and developers. A total of 200 million Swiss francs (approximately 220 million US dollars) are waiting to be allocated.
Written by: DFINITY Foundation
The DFINITY Foundation launched a developer incentive program for Internet computers and began accepting applications.
The Internet Computer Developer Incentive Program worth 200 million Swiss francs will focus on developer incentives, project incubation, etc. At the same time, the USD 14.5 million Beacon Fund led by Polychain Capital is also actively investing in a startup ecosystem built on Internet computers.
As a necessary condition for entrepreneurs and developers to establish blockchain start-ups, the DFINITY Foundation has now released the interface specifications and source code of Internet computers
Elite entrepreneurs and developers will be empowered again to better build open Internet services, DeFi and pan-industry platforms on Internet computers
The DFINITY Foundation today announced its developer incentive program to motivate and support entrepreneurs and developers of Internet computers. A total of 200 million Swiss francs worth of funds are waiting to be allocated. The incentive plan has been officially launched and applications are now accepted. You can log on to the website for more information.
The Internet computer was officially released on May 10, 2021, and the interface specifications and source code have also been opened to the public. At the same time, some foresight entrepreneurs and developers have begun to build encryption applications and start-ups on Internet computers.
Dominic Williams, the founder and chief scientist of the DFINITY Foundation, said: “Internet computers redefine the public blockchain as a platform; the platform can now run smart contracts at network speeds to directly provide users with network services, and can be increased according to demand. Its capacity. Compared with those systems based on traditional technology, it is efficient, self-controllable, and can also provide better usability. Our goal is to use smart contracts on unlimited public blockchains to support new All systems and services reimagined under the form. Today, the world built with the new functions of the blockchain will be the most important and most anticipated next chapter in the future.”
In addition, for this 200 million Swiss francs Internet computer developer incentive program, Beacon Fund is another powerful supplement; as a professional venture capital fund, it will continue to support entrepreneurs to build the future on Internet computers. Of ultra-large-scale software and open Internet services. Beacon Fund was announced in September 2020. It is a US$14.5 million venture capital fund led by Polychain Capital and supported by Andreessen Horowit (A16Z) and DFINITY Foundation; it can be initiated to Beacon Fund through dfinity.org/ecosystem/fund Application.
Olaf Carlson-Wee, founder and CEO of Polychain Capital, said: “I think it’s an experience to deploy an open network in the early stages and try to capture more market share. This is within and outside the broader blockchain and crypto ecosystem. One of the most reliable ways to build a business of hundreds of millions or billions of dollars. At the same time, I am more than happy to invest in original services or products under the new system, rather than applications that are ported from Web 2 to Web 3.”
Some foresight entrepreneurs and development teams have begun to build applications on Internet computers.
Recent developments include:
OpenChat is the world’s first tokenized decentralized encrypted communication application, and has the ability to expand to millions of users. On May 21, 2021, OpenChat launched its alpha version to 10,000 users, and it quickly became one of the most frequently run Dapps on the public blockchain
DSCVR is a tokenized open version of Reddit. It started running on the chain in the first week of the ICP mainnet .
Fleek is an open Internet application hosting startup company that currently hosts 11,000 traditional blockchain-based websites running on the public network of Internet computers. Fleek has migrated from traditional blockchain solutions (such as IPFS, Textile, Filecoin and Ethereum) to run on Internet computers
Capsule is a decentralized social media platform that raised $1.5 million in seed funding with the support of Beacon Fund
ORIGYN is launching a pan-industry platform based on Internet computers. Starting from the luxury watch industry, ORIGYN will identify and expose counterfeit products to prevent brand dilution and eliminate the erosion of the scarcity of genuine products caused by counterfeit products
About DFINITY
The DFINITY Foundation is a non-profit organization based in Zurich, Switzerland. It manages research centers in Palo Alto, San Francisco, Tokyo and Zurich. Its mission is to build, promote, and maintain Internet computers, and in this way make the world a better place. Internet computers extend the functionality of the Internet from connecting billions of people to a public computing platform that also provides millions of developers and entrepreneurs, thus creating a revolutionary new method for building websites in an open environment. Enterprise systems and Internet services. This public software development platform was created by independent data centers around the world that use an advanced decentralized protocol called ICP to aggregate computing power. Therefore, this revolutionary change in computing aims to block the technology giants and return the Internet to its free and open roots and origins. DFINITY was founded by Dominic Williams in 2016.
About The Internet Computer
Internet computers extend the functionality of the Internet from connecting billions of people (via the TCP/IP protocol) to providing a public computing platform for millions of developers and entrepreneurs (via the ICP protocol), and create a revolutionary construction Websites, enterprise systems, pan-industry platforms, DeFi applications and new ways to open Internet services. Now, companies and government agencies have a real choice: whether to deploy software and services directly on the public Internet, or continue to use proprietary and insecure servers controlled by tech giants.
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