🚀 Exciting news from the Avalanche Foundation! They're launching a $40M grant program called Retro9000 to reward developers building new protocols on the Avalanche network. This initiative aims to boost innovation ahead of the highly anticipated Avalanche9000 upgrade. 🛠️

Luigi D'Onorio DeMeo from Ava Labs shared that the testnet process will be elongated and incentivized, allowing builders to earn retroactive grants based on their contributions. AVAX is down 29% this year, but this could be a game-changer!

What do you think about this approach? Share your thoughts below! #Avalanche #Crypto #Blockchain