ThunderCore Launches $10 Million in Funds For Blockchain Ecosystem Expansion

in #thundercore3 years ago

Ever since the launch of the ThunderCore Mainnet 2 years ago, it has been our sole mission to bring blockchain technology and its benefits to the masses. Being a secure, high-performance, EVM-compatible, and cross-chain interoperable public blockchain, ThunderCore also has extremely low gas fees (<$0.00001), making it one of the most viable platforms to deploy and scale DApps.
With this notion in mind, we’re excited to announce the launch of $10M in funds to welcome and incentivize developers from every corner of the world to build on and expand the ThunderCore ecosystem. Already with a rich ecosystem full of DeFi and NFT projects, we aim to foster an even more diverse plethora of DApps that ventures into GameFi and the metaverse space.
To showcase this commitment, here is our plan.
$10 Million Growth Fund
We have categorized this fund into 4 different silos, with each silo aimed at different aspects and growth phases of a Dapp:
Accelerator grant
Promotional package
Technical assistance
Operational consultation

$8 Million Accelerator Grant
80% of the total fund is reserved for the Accelerator Grant, which includes seed funding, initial operational funding, audit report sponsorships, liquidity support, and other relevant incubation-related financial assistance. The Accelerator Grant focuses on helping developers and DApps that are in the initial stages of starting with a single goal in mind: to exacerbate the innate potential of great projects with ambitious visions through funding and long-term collaborations.
The ThunderCore community is diverse and inclusive, and we want to support meaningful, value-driven, and entertaining projects that our community can resonate with.
$2 Million Promotional Package
20% of the total fund are reserved for the Promotional Package, which includes getting listed on ThunderCore Hub with priority placement in the “Featured” section, displaying a home page banner in ThunderCore Hub for maximum brand exposure, implementing our Quest system for Twitter marketing, featuring in our case study articles, collaborating on join-marketing events such as AMA, giveaways, and more.
With over 3 million unique accounts registered on ThunderCore Hub and more than 100K daily active users, you can funnel crypto enthusiasts to your DApps in a streamlined and efficient manner. The Promotional Package focuses on supporting DApps that are still in their incubation phase as well as existing DApps that are looking to grow their user base.
Technical Assistance
Our developers will also provide technical assistance to qualified projects. We will start an exclusive private discord channel where applicants can leave all sorts of technical questions and have them answered one by one. Think of this as an opportunity to solve your most pressing questions with the help of some of the industry’s brightest minds.
Operational Consultation
To foster long-term relationships with upcoming projects on ThunderCore and a bright, mutually beneficial future together, our team will also provide operational consultation services in areas such as but not limited to product development, product operation, marketing strategy and communication, consumer insights, financial advice, and more. We will also introduce DApps to other 3rd party developers on ThunderCore to foster more tight-knit and symbiotic collaborations. It is imperative for willing projects to help and push each other to new heights, whether it is through partnerships or just pure, simple competitiveness.
Our $10 million growth fund is our way of committing ourselves to creating a bigger, more inclusive ThunderCore ecosystem. We designed this purely for the sake of entrepreneurs with ambitious visions who are looking to create the next big thing, as well as for passionate developers who need a boost to jumpstart their dreams.
More details regarding each sub-category and how to apply will be announced shortly.