Foundation for Interwallet Operability (FIO) Launches $5M Integrator Grant Program

The Foundation for Interwallet Operability — a non-profit consortium of leading-edge crypto companies dedicated to advancing blockchain usability and interoperability via the FIO Protocol— has announced a new $5M grant program to accelerate FIO Protocol integration across additional wallets, exchanges, and other crypto applications.

This new grant program will fund the ecosystem integration of FIO Send, which is a FIO Protocol feature built to enable P2P crypto transactions via the use of an easy-to-read and interoperable FIO Crypto Handle (e.g. ease@foundation). FIO Send is integrated directly into crypto applications via a streamlined API call, and offers Integrators an immediate and measurable savings on support overhead by mitigating user error in the handling of complex public addresses and/or transactions sent incorrectly cross chain.

FIO Send increases crypto application usability by providing an easy, error-free transaction experience across any type of coin, token, or blockchain. This ease-of-use mitigates user error in the sharing of public addresses, which in turn protects both the Integrator from costly support processes and the end user from a potentially catastrophic loss of funds.

FIO Send integration takes less than 15 hours of development time on average.

$5M in Foundation grants are available on a first-come, first-rewarded basis to credible crypto applications. Grants range from $10,000 to $500,000 each and are dependent on the size of the integrating application’s user base, as ratified by the Foundation.

To learn more about your eligibility or apply for the FIO Send Integrator Grant Program, please complete this brief form.

To see how FIO Send is driving increased crypto usability firsthand, check out the video below: