BCW Ventures & The HBAR Foundation launch a Market Development Fund to Accelerate Growth on the Hedera Network
The HBAR Foundation and BCW Ventures announced a collaboration focused on the rapidly expanding ecosystem at the intersection of distributed ledger technology and digital assets, with an initiative that supports the development and growth of the Hedera network.
Kyle Baron, Managing Partner at BCW, and his team will lead and manage an all-encompassing Market Development Fund (MDF) to onboard prominent early-stage projects looking to build on Hedera.
In collaboration with the HBAR Foundation, BCW will continue to identify, incubate, and develop innovative DLT solutions foundational to the growth of next-generation decentralised applications on the Hedera network.
The HBAR Foundation fuels growth of the Hedera ecosystem by providing grants and resources for technical assistance, marketing and business development to developers, startups and organizations building on the network. Since open access in 2019, the public network has processed over 2 billion transactions generated by real-world applications.
To apply for an MDF grant, apply online at https://www.hbarfoundation.org/apply-form and select ‘BCW’ from the Grant Category dropdown.