Polygon Labs has launched a $90 million fund to support the growth of the ecosystem. The fund, called "Polygon Village 2.0," will provide funding, support, mentorship, and introductions to venture capital for aspiring Web3 founders. The grant program is open to all Polygon projects and will cover various areas such as app chains, gaming, infrastructure, social, and DeFi. Early-stage projects will have the opportunity for community members to donate and vote on fund allocation. Polygon Labs has also announced plans to upgrade its protocol to "Polygon 2.0," which aims to improve the network's architecture and user experience through interoperable layer 2 blockchains.
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