Tezos Foundation Tweeted: “We are thrilled to support 21 projects as part of our third cohort of #Tezos ecosystem grants! Check out our announcement below for information on these exciting projects.”

About 90 grant proposals have been submitted to the Request for Proposal. The RFP was approved for categories like applications built using Tezos smart contracts, Tools for Tezos smart contract development, educational and training resources covering Tezos, marketing, and other initiatives to increase the awareness and the ecosystem. The details of the exact sanction of grants are available on the Tezos News page.

Several teams have expressed their happiness over being recipients of the grant. They are excited to work further ahead. Tezos Foundation releases weekly updates about the crucial happenings in the Ecosystem.

Sydney Ifergan, the Crypto Expert Tweeted: “Grants are crucial to keep things moving ahead. Developers of Tezos are targeting the next RFP for Tezos ecosystem grants scheduled for issue on Wednesday (January 22, 2020).”

Tezos Mainnet Faucet

For those who are looking to try Tezos development, the mainnet faucet is live. The Foundation updated that the faucet can be used by developers and users to request the Tezos Tokens for development and testing purposes. The Tezos address and the complete captcha prompt should be entered to obtain the (Tez) for developing and testing purposes. Of note, the addresses which have received Tez from the faucet will be blocked for 12 hours before they are re-added to the que for receiving the Tez.

Tezos Events

Tezos Israel Meetup is Scheduled for January 23, 2020; India Blockchain Weekend on January 24, 2020, and Greece Meetup on January 25, 2020. Some of the events get sponsored by Tezos, and those who are looking for Sponsorship should explore their options with Tezos.

At the time of reporting, the price of Tezos has been trending at $1.54, and XTZ currently depends on immediate support to face bullish trends in the long-term. The ongoing bullish pattern is expected to invalidate the head-and-shoulders pattern.

A single entity does not own Tezos. To understand Tezos, Developers need to understand the basic concepts and strategies ruling the ecosystem. Protocol amendments proposed and approved by the community members contribute to the improvement of the Tezos Protocol. The potential of the protocol stays with the community. Community efforts and initiatives are supported by outstanding support, thereby advancing the ecosystem with a due contribution.


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