Bittime - Starknet Foundation officially launched the Starknet Propulsion Program, an initiative designed to empower established teams building games and application chains on Starknet.
What is the Starknet Propulsion Program?
The Starknet Propulsion Program is a comprehensive support system designed specifically for mature teams growing on Starknet. By offering financial and technical assistance, the program aims to accelerate the growth of the Starknet ecosystem and strengthen its position as a leading platform for blockchain games and decentralized applications ( dApps ).
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Supporting a Growing Team
Source: @StarknetFndn/X
This program specifically focuses on mature teams with a proven track record. By providing them with the necessary resources, the Starknet Foundation aims to accelerate the growth of the Starknet ecosystem.
Empowering Game Development and dApp Creation
The Propulsion Program offers a two-pronged approach to supporting eligible teams:
- Network Cost Matching: This program will match network costs incurred by games built on Starknet. This financial assistance helps offset development costs associated with on-chain transactions .
- Financial Loans: Developers are eligible for loans of up to $1 million to fund their projects within the Starknet ecosystem. This credit line provides critical resources for ongoing development and potential expansion.
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Accelerating the Starknet Ecosystem
By providing financial and technical support, the Starknet Propulsion Program aims to:
- Inspire Game Development: Attract more established game studios to build on Starknet, enriching the gaming experience for users.
- Cultivating a Robust dApp Landscape: Drive the creation of a diverse and innovative application chain, expanding the usability of the Starknet network.
- Driving Starknet Growth: This program serves as a catalyst for the Starknet ecosystem, accelerating its development and attracting broader adoption.
Conclusion
The Starknet Propulsion Program signals the foundation's commitment to fostering a thriving developer community on Starknet. By empowering an established team, this initiative has the potential to unlock Starknet's full potential and strengthen its position as the leading blockchain platform for decentralized games and applications.
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