May 3 (Cointime) - The Aptos Foundation has announced the first group of grant recipients, awarding 50 new project teams with a total grant allocation of more than $3.5 million to continue scaling on the Aptos blockchain.

Grants were awarded across four key focus areas: Developer Tooling, Infrastructure, Education, and Ecosystem, with notable projects such as Mokshya, Pontem, Aries, KYCDao, Overmind, Aptos Eden, Tsunami, and Topaz.

Applications for Phase 2 of ecosystem grants are now open, as the Aptos ecosystem continues to grow daily. The Aptos Foundation launched the Ecosystem Grants Program as an active commitment to empowering builders to shape the network, bolster its public utility, and serve the Aptos community and beyond. In this first round of grants, infrastructure, developer tooling, ecosystem, and education were particular focus areas, creating communal value.