The IOTA Ecosystem DLT Foundation has announced its Season 2 grant program, offering $10 million in funding to support innovation within the Web3 ecosystem. The program focuses on open-source development, education, and events to advance the IOTA ecosystem. The foundation aims to reduce complexity and promote community-driven activities. The launch of the IOTA rebased protocol is a key area of focus, with a mainnet re-launch planned for early 2025. Season 1 of the IOTA Grants program attracted 144 applications, with 32 projects funded. The Foundation is now accepting proposals for Season 2, emphasizing its commitment to driving positive change in the Web3 ecosystem.



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