The Starknet Foundation has launched a grant program worth $5 million to assist developers working on blockchain projects. The aim of the program is to provide financial support to around 200 promising project teams, with each team receiving $25,000. The focus is on projects that have minimum viable products or proof of concept on Starknet.

Diego Oliva, the CEO of Starknet Foundation, explained that the grant program was designed to address the challenges faced by developers working on the Starknet platform. He mentioned that many creative and visionary projects struggle with funding issues, and the grant program was introduced to support these projects without bureaucratic hurdles.

The grant program will specifically target projects related to Starknet that are in the final stages of development. The goal is to reduce barriers for young teams looking to launch their projects, thereby encouraging more innovation in the blockchain space. The program aims to support developers who have already developed a minimum viable product or proof of concept.

Starknet has seen a substantial increase in developer interest, with the number of active developers on the platform growing significantly. The $5 million grant program is expected to attract even more developers to the ecosystem, further boosting growth and innovation.

One of the most exciting areas of development on Starknet is blockchain-based gaming. Projects like Realms, Influence, and Dojo are leading the way in on-chain gaming, showcasing the platform's capabilities. Oliva highlighted that gaming is crucial for testing the network's features, increasing network demand, and demonstrating its strength. According to DappRadar, blockchain-based games make up a significant portion of decentralized application activity, with millions of active wallet addresses daily.