According to ChainCatcher, CoinDesk reported that the Web3 Foundation, which supports the Polkadot blockchain, announced the launch of a new funding program called "Decentralized Futures", which will allocate more than $25 million in funds to Web3 projects.

As of September, more than 250 projects have submitted applications, including blockchain-related solutions in the fields of deployment tools, DeFi, social media, games, and recruitment, of which more than 50 new projects have successfully passed the review. The launch of this funding program aims to further promote the development and innovation of the Polkadot ecosystem and attract more developers and projects to join the Polkadot network.