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Web3 Foundation
Web3 Foundation is a non-profit organization that nurtures and stewards technologies and applications in the fields of decentralized web software protocols, particularly those which utilize modern cryptographic methods to safeguard decentralization, to the benefit and for the stability of the Web3 ecosystem. It funds research and development teams building the foundation of the decentralized web.
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Description
Web3 Foundation funds research and development teams building the technology stack for the decentralized web. It was established in Zug, Switzerland by Ethereum co-founder and former CTO Dr. Gavin Wood. The foundation's primary focus is on the Polkadot and Kusama networks, providing grants and support to projects that contribute to their ecosystems. They support a wide range of projects, from low-level infrastructure to user-facing applications, with the goal of fostering a secure, decentralized, and user-controlled internet. Polkadot is the flagship project of the Web3 Foundation.Technology & Skills
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