💵 Parity nabs $5 million Ethereum Foundation grant
The Ethereum Foundation has announced a $5 million grant to Parity Technologies for eWASM, a light wallet, and sharding. Only a portion of the grant will be immediately available with the rest released based on meeting certain milestones. Since the first round of grants in March 2017 the Ethereum Foundation has publicly announced $17.8 million in funding for projects that advance the Ethereum ecosystem.
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