PANews reported on July 11 that the Golem Ecosystem Fund was officially launched, according to the official Twitter account of Golem Network. Golem has stopped selling ETH and pledged 40,000 ETH (worth $124.6 million) 8 hours ago. The program aims to accelerate the development of the Golem network and its ecosystem by providing resources to developers, researchers, entrepreneurs and innovators, while supporting ideas that enhance the Ethereum ecosystem and decentralized computing. Contributors will receive 75% of the staking pool rewards, which will be adjusted based on project performance, and the first batch of projects will be evaluated by the Golem community and team.
