According to BlockBeats, Aave Labs has initiated a 'Aave Activities and Sponsorship Funding 2024' temperature check proposal on July 12. The proposal seeks to secure 650,000 GHO funding for the remaining events of 2024. The distribution of the funds is planned such that 45% will be allocated for EthCC Brussels and 55% for Devcon Bangkok.
The proposal is a significant move by Aave Labs as it aims to ensure the smooth running of the events for the rest of the year. The requested funding will be instrumental in facilitating the organization and execution of these major events. EthCC Brussels and Devcon Bangkok, being the primary beneficiaries of the proposed funding, are expected to see a significant boost in their operations.
This initiative by Aave Labs underscores the importance of financial support in the successful execution of such events. It also highlights the role of blockchain technology companies like Aave Labs in fostering the growth and development of the industry through their active participation and sponsorship of such events.