Ethereum system SKAKE Network launches $100 million ecosystem fund

SKALE Network, an open-source protocol that aims to increase the scalability of Ethereum, announced that it has created a $100 million ecosystem program to give developers incentives to build on its platform.

SKALE Network’s first $5 million in grants will be awarded to projects focused on the rapidly-growing blockchain gaming sector, including play-to-earn (P2E) games and the metaverse.