ARK Grants – A development incentive program backed by 1 million ARK

The blockchain platform, Ark.io, has announced a new fund for developers leveraging the technology by the Ark platform. The new fund is called ARK Grants. To start the fund, ARK has committed 1 million ARK tokens to be used for the fund.

Ark.io has launched this to boost the development on their platform, while also showcasing the developers new features offered by the platform.

The 1 million ARK token-based grant is designed specifically for technology development. This means that only proposals involving technical deployments and usage of ARK technology stack will be considered for the grant.

ARK has released its areas of focus –

• Proofs-of-Concept: POCs serve a valuable purpose in educating developers through concrete examples. An example of a POC funded by ARK Grants is the recently released ARK Messenger, a fully autonomous and secure chat service.

• ARK Desktop Wallet Plugins. The recently upgraded Plugin Manager added a more intuitive interface that allows users to install, use, and update plugins. Interestingly enough, the Plugin Manager itself is an example of a project funded by ARK Grants.

• Production Ready Solutions. The ARK Grants program can also be used to fund or help fund full-fledged blockchain solutions that utilize ARK technology. These projects would be complete and deployed for use with either the ARK Public Network or an ARK bridgechain. One example of a production-ready solution is ARKTippr Tip Bot.

• Custom Project Ideas. The scope of projects that could be considered by the ARK Grants program doesn’t end with these three types. If interested parties have an idea that doesn’t necessarily fit here, ARK will still welcome a proposal submission.

To make it easier for developers, ARK has taken out guidelines for projects. A complete list of guidelines can be found on the press release. If you are a developer who is interested in learning more about ARK grants you can visit https://ark.io/grants

Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity

Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.