Blockchain

BCB Blockchain Announces US$15 Million Grant for Asia’s Tech and Blockchain Startups

Building Cities Beyond (BCB) Blockchain has announced the launch of its BCB Innovation Grant. The Singapore-based blockchain developers for smart city solutions will be looking to award US$15 million worth of grants to projects developing on the BCB protocol, as it looks to ramp up development of its ecosystem. BCB’s launch of the grant comes alongside news of partnerships with leading accelerators to incubate selected projects.

The BCB Innovation Grant aims to boost key development areas of the BCB ecosystem, and will target up to 1,000 projects within Asia. The US$15 million grant will cater to the tech startup ecosystem in the region, with grant participants also be gaining access to BCB workshops and facilities to assist and bolster their development capabilities.

As part of its plans to attract developers to its platform, BCB will set aside USD2.8 million of its innovation grant to fund game development projects on the BCB platform. In doing so, the Singapore-based company hopes to use game development as a means to introduce and encourage developers to its blockchain protocol.

Douglas Gan

Douglas Gan, CEO of BCB Blockchain, said

“As BCB continues to grow its ecosystem, we realize the vast potential of blockchain technology in everyday applications. We are looking at holistic approaches to support and reach out to existing and upcoming projects on the BCB protocol. The launch of the grant is part of this approach, as we look to support our partners in the midst of a challenging economic climate.”

Featured image: Douglas Gan, CEO of BCB Blockchain