According to Foresight News, privacy infrastructure project Nym has announced the recipients of its first round of funding from its innovation fund. The three projects awarded are StarShell, a privacy-protecting wallet; Nodies DLB, an RPC network for enhancing privacy; and PasteNym by NoTrustVerify, a tool for private text deletion. The projects received funding amounts of $30,000, $30,000, and $3,000 respectively.
Nym's innovation fund aims to support projects that focus on privacy and security, helping to develop and improve the privacy infrastructure. The funding will enable the three projects to further their development and contribute to the overall privacy ecosystem. As privacy concerns continue to grow, projects like these are essential in providing users with the tools and resources needed to protect their personal information and maintain their privacy online.