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According to the press release of Ethereum posted on the official Medium blog of cryptocurrency, the company plans to launch the new wave of grants for startups and individual developers working on ethereum blockchain.

As it was stated, the total amount of awards is over $3 million. The biggest grants worth $500,000 were given to Prysmatic Labs and Status. Both companies are working to develop the Ethereum 2.0 ecosystem that was earlier announced by the CEO of ethereum Vitalik Buterin.

The Ethereum team has also expressed its gratitude to members of the community and all participants that have applied with creative ideas on how to bolster ethereum ecosystem. It was also mentioned that the company will involve more community members in the decision-making process

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