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Moonbeam Network, a Web3 smart contract platform, has launched a $13 million funding initiative to boost its ecosystem growth in key areas like gaming and real-world asset (RWA) tokenization. The $13 million package consists of a $10 million innovation fund, $1.5 million in Moonbeam ecosystem grants, and $1.5 million in Moonriver grants.
This initiative encompasses a multifaceted approach aimed at propelling the network forward and enhancing its capabilities. At the forefront of the Moonrise initiative is a comprehensive brand redesign, reflecting the network's commitment to modernity and progress.