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

Golden Finance reported that the Starknet Foundation will provide approximately $5 million in funding to its developers and plans to support at least another 200 teams with a single grant of 25,000 USDC. Previously, the Starknet Seed Fund program has completed a small pilot, providing 20 teams with a total of $500,000 in funding. The new program is aimed at projects that have developed a minimum viable product (MVP) or proof of concept and plan to use or build existing Starknet tools and integrations. The Starknet Seed Fund program aims to provide non-dilutive funds to support teams that promote the development of the Starknet ecosystem.