• Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021
No Result
View All Result
CryptoABC.net
No Result
View All Result

Sui Foundation Revamps RfP Grant Program to Empower Developers

October 16, 2024
in Blockchain
Reading Time: 2min read
0 0
A A
0
Sui Foundation Revamps RfP Grant Program to Empower Developers
0
SHARES
20
VIEWS
ShareShareShareShareShare


Zach Anderson
Oct 16, 2024 19:01

Sui Foundation updates its Request for Proposals program, offering new opportunities for developers through rolling cohorts and flash RfPs to address ecosystem needs.





The Sui Foundation has announced significant updates to its Request for Proposals (RfP) program, designed to enhance opportunities for blockchain developers within its ecosystem. The revamped program aims to better align with the diverse needs of the Sui community through distinct long- and short-term project categories, according to The Sui Blog.

Program Enhancements

The updated RfP initiative introduces two major components: rolling RfP cohorts and flash RfPs. Rolling cohorts are intended for long-term projects that require significant time and resources, offering developers the chance to tackle larger-scale challenges. Meanwhile, flash RfPs focus on short-term projects, providing quick, impactful solutions to pressing ecosystem needs.

This strategic approach is expected to drive focused development and foster collaboration by funding projects that align closely with Sui’s ecosystem requirements. By clearly defining each RfP’s focus area, the program encourages developers to propose and construct solutions that address specific challenges when funded.

Structured Project Funding Path

The RfP 2.0 program introduces a structured path to ensure transparency and smooth processing of proposals. Interested developers must submit their applications via the Sui Grants Hub, adhering to defined application windows and addressing the outlined RfP goals.

Once submitted, proposals undergo a review period where they are evaluated for alignment with RfP requirements and feasibility. A dedicated committee will shortlist and vote on proposals to receive funding. Selected teams will then undergo identity verification to maintain accountability before signing a grant agreement detailing project milestones and timelines. With the agreement in place, development can commence.

Call to Action for Developers

With RfP Cohort 2 now live, the Sui Foundation invites skilled developers, community members, and innovative thinkers to contribute to the ecosystem’s growth. The initiative offers a broad range of opportunities for both seasoned builders and newcomers to make their mark on Sui’s future. Interested parties are encouraged to explore the possibilities through the Sui Grants Hub.

This program revamp marks a significant step forward in fostering innovation within the Sui ecosystem, aiming to accelerate growth and development through targeted funding and strategic project alignment.

Image source: Shutterstock


Credit: Source link

ShareTweetSendPinShare
Previous Post

Stablecoin Giant Tether Looking To Deploy Billions in Profits to New Lending Venture: Report

Next Post

GalaChain Enables Tokenization of Founder’s Nodes as NFTs

Next Post
GalaChain Enables Tokenization of Founder’s Nodes as NFTs

GalaChain Enables Tokenization of Founder’s Nodes as NFTs

You might also like

Did Quantum Computing Fears Crash Bitcoin? NYDIG Says No

Analyst Says Bitcoin $200,000 Target Remains Open, But There’s A More Realistic Target

March 7, 2026
Uniswap (UNI) Price Rallies 6.53% – Is Now the Time to Buy? Comprehensive Analysis & Trading Insights

PEPE Price Prediction: Technical Oversold Conditions Signal Potential 30% Recovery to $0.0000070 by April 2026

March 9, 2026
Bitcoin Slumps to $66K as Oil Breakout Adds Macro Pressure

Bitcoin Slumps to $66K as Oil Breakout Adds Macro Pressure

March 9, 2026
Elon’s Grok AI Predicts the Price of XRP, Bitcoin and Ethereum by The End of 2026

Elon’s Grok AI Predicts the Price of XRP, Bitcoin and Ethereum by The End of 2026

March 9, 2026
Bitcoin Price Shows ‘Signs of Improvement’ as Iran Conflict Fears Ease

Bitcoin Price Shows ‘Signs of Improvement’ as Iran Conflict Fears Ease

March 10, 2026
HBAR Price Prediction: Targeting $0.30 by December 2025 as Hedera Tests Critical Breakout Level

HBAR Price Prediction: Targets $0.10 Resistance Break by March 2026

March 8, 2026
CryptoABC.net

This is an Australian online news/education portal that aims to provide the latest crypto news, real-time updates, education and reviews within Australia and around the world. Feel free to get in touch with us!

What's New Here!

Polymarket Teams Up With Palantir to Monitor Sports Prediction Markets

Polymarket Teams Up With Palantir to Monitor Sports Prediction Markets

March 11, 2026
Solana (SOL) Rejected Near $90, Downtrend Threat Reappears

Solana (SOL) Rejected Near $90, Downtrend Threat Reappears

March 11, 2026

Subscribe Now

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 cryptoabc.net - All rights reserved!

No Result
View All Result
  • Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021

© 2021 cryptoabc.net - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter CoinGecko Free Api Key to get this plugin works.