MultiversX Foundation has recently launched Growth Games, a $1.5M annual grant program focused on boosting innovation in blockchain and AI. This initiative aims to empower startups, developers, and teams to create transformative solutions in areas like DeFi, AI, and education, setting the stage for the 2025 MultiversX ecosystem expansion.
Growth Games provides funding, mentorship, and support to blockchain and AI teams and projects, reflecting MultiversX’s dedication to advancing AI and blockchain territories. The program is not just about funding; it also aims to bolster blockchain adoption and solve critical technological challenges through three distinct funding pillars: Build, Accelerate, and Launchpad.
The Build pillar allocates $750K annually to onboard new developers and teams outside the MultiversX ecosystem, targeting projects that fill crucial infrastructure gaps. Through a Request for Proposal model, this segment develops tools and applications using MultiversX technology to support innovation in the blockchain and AI space.
The Accelerate pillar offers $250K annually to help existing projects within the ecosystem scale and enhance their capabilities. Initiatives like xLaunchpad and Co-incubation allocate $500K to support five innovative projects with up to $100K in funding each, along with mentorship, marketing resources, strategic advisory, and community engagement.
Growth Games also encourages engagement through hackathons and retroactive contributor grants, keeping the innovative pipeline active and ensuring meaningful contributors flood the MultiversX ecosystem. With a review committee evaluating applications and recipients required to report regular progress, transparency is key to the program’s success.
Co-founder Beniamin Mincu describes Growth Games as a “milestone” for the blockchain community, highlighting its importance in accelerating innovation within MultiversX and beyond. This groundbreaking initiative cements MultiversX’s position as a leader in blockchain innovation and inspires developers to redefine the boundaries of decentralized technology.
