Provenance Blockchain Basis broadcasts $50M in grants for blockchain growth

Provenance Blockchain Basis has introduced a $50 million grant program for blockchain builders to help the event of regulated monetary providers on blockchain.

The grant program promise to award $50 million in HASH, Provenance Blockchain’s native token, to builders who construct core providers and experiences that allow the complete digitally native lifecycle of regulated monetary belongings on blockchain expertise. Builders shall be evaluated primarily based on a variety of things, together with their capability to contribute to asset perfection, asset origination, on- and off-ramps, safety, compliance, wallets, id, developer instruments and new monetary asset use instances. All initiatives which might be awarded grants must additionally bear Know Your Buyer screening.

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