The Starknet Foundation will provide approximately $5 million in funding to its developers

The Starknet Foundation will provide approximately $5 million in funding for its developers, with plans to support at least 200 additional teams with a single grant of 25,000 USDC. Previously, the Starknet seed fund program completed a small pilot project, providing funding worth $500,000 to 20 teams. The new program is aimed at teams that have developed a minimum viable product (MVP) or a proof of concept and plan to use or build on existing Starknet tools and integrated projects. The Starknet seed fund program aims to provide non-dilutive funding to support teams that promote the development of the Starknet ecosystem.