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Cosmos Interchain Foundation allocates $40M for ecosystem development in 2023

The ICF is also supporting the development of CosmWasm and Ethermint, the technologies the firm says have become the “foundations of smart contract and Ethereum Virtual Machine (EVM) compatible blockchains.” In addition to core infrastructure, the ICF will fund projects that drive Cosmos’s adoption and use cases. These include programs such as the Interchain Developer Academy, the Cosmos Developer Portal, and the Interchain Builders Program, as well as integration with other blockchain technologies such as Polkadot and Hyper Ledger.

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Source: Cryptocurrency - investing.com

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