According to official news, the IOTA Ecosystem DLT Foundation headquartered in Abu Dhabi announced the launch of the ecological project funding program IOTA Grants to provide financial assistance to those who have ideas but lack the resources to realize these ideas. Applications are currently open. It is reported that financial support It mainly involves four aspects:
1. Open source development: Support the creation and enhancement of applications, utilities, tools, libraries and public products;
2. Research: research papers, scholarships and theoretical solutions that support open source development;
3. Education: Connecting complex technologies with user-friendly adoption through educational content and programs;
4. Activities: Fund community engagement, hackathons, workshops, and travel expenses for ecosystem projects.