March 25th, 2024

Vibrant abstract swirls backdrop highlighting the Diamante Blockchain logo and the announcement of the $5M Diamante Grant for innovative projects

Diamante Blockchain Launches the ‘$5M Diamante Grant’ to Support Emerging Projects under Diamante Labs

Diamante Blockchain, known for its innovative ecosystem across diverse industries, announces the introduction of the $5 million Diamante Grant under the Diamante Labs. The initiative aims to support growth, diversity, and development across various realms such as finance, payments, trade, gaming, supply chain, creator economy, and the metaverse through Diamante Net’s blockchain network.

The Diamante Grant intends to provide substantial support for up-and-coming projects, ensuring they have the resources needed to thrive in a competitive ecosystem. Selected projects will receive $80k worth of DIAM tokens for their development and growth, coupled with $20k worth of blockchain and marketing strategic advisory and consultancy services.

“Diamante Labs is committed to building lasting partnerships with developers and businesses. We allocate DIAM Tokens to support continuous product development and growth. Our platform allows projects to be hosted on the Diamante network, enhancing their infrastructure and security. Developers and businesses can also contribute by hosting nodes, strengthening the ecosystem. As a token of appreciation, we reward these contributions with DIAM tokens, helping to sustain projects and the network overall,” Dinesh Patel, Co-Founder & CEO of Diamante Blockchain, added.

Alongside these benefits, projects will enjoy significant discounts on cloud infrastructure service costs, unlocking efficiency gains and scalability potential, truly setting the stage for transformative growth.

“Diamante grant also offers exclusive VC connect and networking opportunities to help startups connect with venture capitalists and industry leaders to seek funding and expand their operations,” Chirag Jetani, Co-Founder & COO of Diamante Blockchain, added.

The grant offers Geographic Expansion Support to help projects reach broader markets and scale up operations internationally. The Diamante Grant also offers One-on-One mentorship and tailored insights from blockchain industry experts and visionaries to help startups seize the opportunities and navigate the complexities in the fast-growing startup ecosystem.

The launch of the Diamante Labs is yet another example of the company’s commitment to nurturing innovation and tech ideas within the blockchain, AI, and Web3 space. A commitment that was clearly shown two months ago at its Innovation Summit 2024. The summit, which took place in Bengaluru, India, at the Taj West End in January, was a massive success with over 10,000 participants.

The event was hosted in collaboration with its Indian entity, Block Stack, The Private Office of His Highness Sheikh Mohamed Bin Ahmed Bin Hamdan AI Nahyan of Abu Dhabi, and the Karnataka State Policy and Planning Commission. It gave visionaries, innovators, and entrepreneurs an opportunity to network and explore new ways of technological advancement.

This event also underlined Diamante Blockchain’s ongoing support for projects, pushing technology’s boundaries further than they’ve ever been pushed. Through dialogue and partnership at the summit and now through financial and strategic support via grants, Diamante Blockchain reinforces its commitment to growth and innovation in the digital economy.

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About Diamante Blockchain:

Diamante Blockchain stands at the forefront of blockchain innovation and is committed to expanding the reach and utility of its proprietary network, Diamante Net. Our mission is to harness the transformative power of blockchain to deliver unparalleled value and efficiency across industries. With a focus on security, scalability, and sustainability, we are dedicated to developing open-source solutions that empower individuals and businesses worldwide.

Contact Info:
Name: Lalit Choudhary, Chief Marketing Officer
Email: Send Email
Organization: Diamante Blockchain

Source: MarketersMEDIA


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