Everscale (formerly FreeTON) web developer Broxus has announced the launch of its Everscale grant program. The grant program will provide important financial and professional support to eligible and promising IT startups.

For the Everscale network, November is a busy month. The project was called FreeTON in the early days, and it was announced that it would be renamed Everscale. The reason behind the change is related to the significant progress made by the network and its related ecosystem, relative to where it was originally FreeTON.

FreeTON started as a continuation of the now discontinued Telegram open network. Once the development of the network stopped on Telegram, the project was open sourced, and a group of enthusiasts who eventually became FreeTON gathered together to try to realize the potential of the network.

However, on a further path, community members and developers recognized the progress made in web development and determined that the project has become greater than before, and it deserves a new name and image. The name Everscale was chosen because it reflects one of the most advantageous characteristics of the network, which is its unlimited scalability.

The entire Everscale project has only just passed a few years, but the rebranding has arrived, because some of the network’s new products and upcoming products are exciting.Recently, Everscale developer Broxus announced the network bridge It will activate its DAO protocol, making it fully controlled by the community. The Bridge connects the Everscale network to other blockchains and tokens, providing users with layer 2 access, with lower transaction costs and faster transaction speeds.

Now Broxus has more news, this time it is of particular interest to those who have not yet become part of the Everscale ecosystem. Broxus launched the Everscale Grants program, which will provide qualified and promising technology startups with financial and professional resources.

Why apply for Everscale Grants?

The Everscale Grants program is an ideal program for small startups with a clear vision and talents, but can use additional liquidity injection to help them cross the finish line. Depending on the applicant’s project, the grant program will provide the financial support needed to complete the MVP or important milestone.To this end, Broxus has allocated 15 million onces, the native token of the Everscale ecosystem, used for distribution among companies accepted to join the program.

Everscale Grants has allocated 15 million EVER for cutting-edge IT projects

In addition to financial resources, a full range of development guidance and support will also be provided to grant recipients. Everscale developers will share their experience of integrating new projects into the blockchain on site, and the community will also provide support in marketing new platforms and projects.

However, perhaps more tempting than all of this is the opportunity to integrate into one of the best DeFi projects on the market as early as possible in an important way. Everscale is still in its early stages, but as the rebranding has shown, the wheels have started.Currently, the network has a series of products that contribute to its economy, including the above bridge, Broxus Power Decentralized exchange, Dedicated iOS, Android and desktop compatible wallets, etc.

Successful applicants will get the resources they need for their own growth and will also enter the bottom of the DeFi giants.Prospective applicants can find guidelines for the grant program here And can apply here.

About Constant

Everscale is a novel and unique blockchain design. It proposes a scalable decentralized world computer with a distributed operating system. The network is based on a platform called Ever OS, capable of processing millions of transactions per second, with Turing-complete smart contracts and a decentralized user interface.

Everscale provides some new and unique features, such as dynamic multithreading, soft majority consensus, and distributed programming, making it scalable, fast, and secure at the same time. It is managed by a decentralized community based on the principle of meritocracy through a soft majority voting agreement.

Everscale has powerful development tools, such as Solidity and C++ compilers, SDKs and APIs, client libraries ported to more than 20 languages ??and platforms, a series of decentralized browsers and wallets, for DeFi, NFT, and tokenization And provide support for many applications in the field of governance.

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