bitsCrunch, a blockchain analytics platform, launches a $5 million ecosystem grant program to support Web3 developers with funding, API credits and token-based assistance.
Many teams in the Web3 space look for reliable insights, yet they face hurdles when it comes to high-quality analytics, accessible infrastructure and consistent funding. Even for skilled developers, obtaining the resources needed to build sophisticated applications can feel like navigating uncharted territory.
That’s why the demand for well-structured solutions continues to grow. From non-fungible tokens (NFTs) to broader decentralized finance (DeFi), there is a pressing need for transparent and comprehensive development support.
One initiative answering this call is a newly launched ecosystem grant program, offering a holistic approach to growing the Web3 community. The program allocates a total of $5 million in direct investments, application programming interface (API) credits and token-based support, with the goal of encouraging innovation.
Time to buidl
— bitsCrunch (@bitsCrunch) January 13, 2025
As the market faces an expected downturn, now is the time to look beyond price action and focus on what truly matters, building for the future. We’re doubling down on our mission to empower builders and innovators through our #grant program.
From #DeFi to #NFTs,… pic.twitter.com/ccltyfiLMs
The grant emerges from bitsCrunch, a data and analytics platform dedicated to providing real-time insights for various blockchain ventures. By combining analytical tools with flexible funding, bitsCrunch aims to foster projects that bring creative solutions to decentralized ecosystems.
Funding options for blockchain projects at all stages
The overall $5 million pool is divided into distinct categories to address different needs within the community. A $3 million investment pool sits alongside recognized industry partners, while $1.5 million is reserved for API credits, giving participants direct access to bitsCrunch’s data infrastructure.
There is also a portion of $500,000 for token or stablecoin grants, enabling project teams to cover essential operational costs. This tiered structure aims to support developers at varied stages, from early concepts to more established teams ready to refine and expand their ideas.
Beta projects or those with a minimum viable product can receive up to $650,000, including $300,000 in direct investments, $200,000 in API credits and grants between $10,000 to $50,000.
For those still formulating ideas, there is a smaller yet meaningful opportunity of up to $250,000 in backing. This second tier includes possible direct investment, additional API credits and flexible grants between $5,000 and $20,000. The goal is to empower both seasoned teams and newer entrants by ensuring they have the resources to grow responsibly.
bitsCrunch will be kick-starting a strategic partnership with Pivot Ventures, an early-stage venture capital firm investing in high-growth tech and consumer platforms. Pivot Ventures-referred startups will have fast-track application reviews, half a million worth of API Calls and 3 months of free credit and tech support.
Support services for blockchain innovators
Beyond financial input, the program extends valuable networking opportunities through collaborations with key players in the investment world. Selected teams may also receive technical mentoring, marketing support and access to bitsCrunch’s UnleashNFTs analytics platform, which offers insights into NFT performance and usage metrics.
UnleashNFTs isn't just an analytics tool.
— bitsCrunch (@bitsCrunch) December 25, 2023
It's an all-in-one forensic solution with customizable #risk management tools, empowering you to detect #NFT fraud and stay ahead in the vibrant world of digital assets. 🌐💡
Eager for a deeper dive? Let’s connect!
Explore for more… pic.twitter.com/cnxC7eotep
In practical terms, these features help projects gauge how their digital assets operate on blockchain networks, allowing teams to make data-driven decisions and optimize user experiences.
While the grant is open to a range of proposals, certain focus areas hold special importance. Community-building initiatives, such as educational content, research and community events, can benefit from the program’s support.
The grant council will look for proposals that demonstrate a unique approach, showcase long-term relevance and feature strong team expertise. To foster impactful blockchain advancements, the council focuses on technical merit and sustainability.
Securing funding for a Web3 project
The grant program started on Dec. 30, 2024, with an application deadline of Feb. 15, 2025. Following submission, a review typically takes two to four weeks, according to bitsCrunch. Once approved, recipients receive 25% of their funding upfront, with further disbursements tied to specific milestones.
Developers who join the program can easily tap into bitsCrunch’s API. After connecting a Web3 wallet on the UnleashNFTs website, they can generate an API key by verifying their email address. This key is critical for authorized requests, ensuring reliable interactions with the platform’s real-time data streams.
Projects ready to step forward can submit applications to the bitsCrunch Ecosystem Grant Program and potentially benefit from direct investment, analytics support and a wider network of like-minded contributors. As the Web3 landscape grows, opportunities for innovative projects continue to expand, leaving the door open for unique and impactful solutions that add value to decentralized technology.
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