According to Foresight News, the Arbitrum Foundation has announced that the second phase of its funding program will end on April 3rd, and the third phase of applications will begin on April 15th. The third phase will primarily focus on dApp projects in the areas of gaming, NFTs, social, DAO, and DeFi.
The foundation aims to support the development of decentralized applications (dApps) in various sectors, with the upcoming phase specifically targeting projects in gaming, non-fungible tokens (NFTs), social platforms, decentralized autonomous organizations (DAOs), and decentralized finance (DeFi). This initiative is part of the foundation's ongoing efforts to promote innovation and growth within the blockchain and cryptocurrency industries.
Developers and projects interested in applying for funding during the third phase can do so starting from April 15th. The Arbitrum Foundation will evaluate applications based on their potential to contribute to the growth and development of the dApp ecosystem, as well as their alignment with the foundation's goals and objectives.
