Nibiru Chain launches USD 15 million developer funding program to promote on-chain development

According to Mars Finance news, Nibiru Chain launched a $15 million developer funding program to promote the widespread adoption of its blockchain. US$5 million of the total will be earmarked for projects outside Asia. The funding will be disbursed via Nibiru’s NIBI token, with individual NIBI grant amounts ranging from $5,000 to $50,000. Developers can apply for Nibiru Builder Grants through its website. Successful applicants will also receive mentoring support and possible additional funding from the venture capital firms behind Nibiru, including Tribe Capital, NGC Ventures, ArkStream and others.