Official announcements from Avalanche Foundation or credible financial news sources

Avalanche Foundation Launches $40M Retro9000 Grant Program Ahead of Avalanche9000 Upgrade

Sep 26, 2024, 01:37 PM

The Avalanche Foundation has announced the launch of Retro9000, a $40 million grant program aimed at incentivizing developers to build on the Avalanche blockchain. This initiative is designed to reward developers who contribute to the testnet and launch their projects on the mainnet, particularly focusing on Layer 1 blockchains and essential developer tools. The program is introduced ahead of the Avalanche9000 upgrade, which aims to enhance interoperability and reduce barriers for developers. Retro9000 includes community voting and milestone-based rewards, representing a significant effort to drive innovation and growth within the Avalanche ecosystem.