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Cosmos Interchain Foundation allocates $40M for ecosystem development in 2023

Cosmos Interchain Foundation allocates $40M for ecosystem development in 2023

The nonprofit organization behind the creation of the Cosmos (ATOM) interblockchain communications (IBC) ecosystem has committed to spending around $40 million in 2023 to develop its core infrastructure and applications.

In addition to core infrastructure, the ICF will fund projects that drive Cosmos’s adoption and use cases.

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