Fuse unveils $10mln grants program to power Web3 innovation

  • Date: 29-Nov-2023
  • Source: Zawya
  • Sector:Technology
  • Country:UAE
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Fuse unveils $10mln grants program to power Web3 innovation



Dubai-UAE:– Fuse Network, a trailblazer in Web3 payment infrastructure, recently unveiled its pioneering $10 million Web3 Business Grant Program, designed to support global businesses by providing essential funding and infrastructure for streamlined access to Web3 payment systems. This initiative aims to empower businesses worldwide, simplifying the complexities associated with Web3 payment infrastructure development. Fuse Network aims to facilitate innovation by eliminating barriers and facilitating easier access to streamlined Web3 payment solutions.

Fuse's $10 million grant initiative aims to drive the evolution of Web3 technology and meet global business needs. Focused on powering Web3 and advancing mainstream adoption, this program simplifies non-custodial consumer fintech applications, ensuring efficiency and reliability.

The Web3 Business Grant Program invites applicants from various sectors, including businesses seeking to bolster user acquisition strategies through Web3 communities, fintech firms aiming to implement non-custodial mobile solutions, companies looking to digitize their consumer clubs or create digitized loyalty, fintech addressing various payment-related pain-points such as unbanked communities and digital identities or currency volatility, CEXs exploring non-custodial wallet solutions, Web3 startups requiring a resilient EMV-compatible network with fee sponsorship (gasless transactions), business apps interested in crafting branded stablecoins for enhanced brand visibility, local payment solutions eyeing global expansion, and many other