TRON DAO has laid out Community Ambassador Grant Program to expand the ecosystem. Announcing the same, the DAO stated that the initiative is for eligible Community Ambassadors, Developers, and Influencers who BUIDL in the TRON ecosystem.
Tron Boss Justin Sun also reiterated that the scheme aims to cultivate relationships between the DAO and established Ambassadors engaged within the Community.
In accordance with the press release, the Community Ambassador Grant Program will open a new corridor between the DAO and several stakeholders to broaden the TRON ecosystem.
Beginning with a quarterly grant allocation of $30k, the Community Ambassador Grant program is aimed to establish better connections between the DAO and Ambassadors who are actively engaged within the TRON Community.
Next, a quarterly grant allocation of $90,000 exclusively for the developer community, has been formulated to engage and empower creators to promote new use cases of the TRON blockchain.
In addition to the Developer Grant Program, the network has a Bug Bounty Program to incentivize developers to search for system vulnerabilities.
The program will help make our ecosystem safer, more robust, and more functional. Grants will be awarded depending on the bug’s complexity, level of vulnerability, and the replicability of the problem found.
Lastly, a quarterly grant of $45,000 has been allocated for dedicated influencers to help spread valuable information and create an authentic stream of highly informative content.
Tron Welcomed WeFund To Attract a Large User Base
Founded in September 2017 by H.E. Justin Sun, the TRX network has gained significant traction in recent years. By July 2022, it has tapped over 103 million total user accounts on the blockchain, more than 3.5 billion total transactions, and above $11 billion in total value locked [TVL].
Not long ago, the over-collateralized decentralized stablecoin USDD was launched on the network, backed by the first-ever crypto reserve for the blockchain industry.
This past week, Tron extended its support to WeFund to collaborate and reach a larger audience in the competitive dApp market.
“WeFund will be operating to provide crowdsourced launchpad and incubator alternatives for the community. It will be able to support a wide range of ecosystems and projects as it evolves into a multichain system”, the P.A read.