Polygon Launches Community Grants Program, Allocating 35 Million MATIC

Polygon Launches Community Grants Program, Allocating 35 Million MATIC
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Polygon (MATIC) launches the Community Grants Program (CGP) to support new projects built on Polygon and Ethereum.
The CGP is part of Polygon’s vision for Polygon 2.0, which introduces the native POL token.
Applications for Season 01 grants, ranging from 5,000 to over 50,000 MATIC, will be accepted from June 11 to August 31, 2024.
Polygon has announced the launch of its Community Grants Program (CGP) to foster the growth of its ecosystem and support the development of new projects built on both the Polygon and Ethereum networks. For the program’s inaugural season, Polygon has allocated 35 million MATIC tokens to fund innovative projects and incentivize developers to build on its platform.
The introduction of the CGP comes as part of Polygon’s broader vision for Polygon 2.0, which represents the next stage in the evolution of the Polygon Layer 2 network, aiming to provide unlimited scalability and seamless information exchange through its Value Layer. The native token

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