The Oasis Network, a leading blockchain platform focused on privacy and scalability, has announced the expansion of its Ecosystem Funding Initiative. This initiative aims to support developers, entrepreneurs, and researchers in building cutting-edge decentralized applications and advancing the Web3 ecosystem.

A Commitment to Sustainable Web3 Growth

The EFI was initially launched to provide financial and technical support to projects leveraging the unique capabilities of the Oasis Network, particularly its confidential computing and scalable architecture. With the latest expansion, Oasis is increasing its commitment to fostering innovation by providing additional funding, mentorship, and ecosystem collaboration opportunities.

Key areas of focus for the initiative include:

• Privacy-Preserving dApps – Supporting applications that utilize Oasis' confidential smart contracts to enhance user data security.

• DeFi and RWAs (Real World Assets) – Encouraging the growth of decentralized finance (DeFi) solutions and tokenization of real-world assets.

• Artificial Intelligence and Web3 Synergies – Advancing AI-driven applications that integrate with blockchain technology for enhanced automation and security.

• Infrastructure and Tooling – Enhancing developer experience with better SDKs, APIs, and integration tools.

Funding and Developer Support

The expanded initiative provides multiple forms of support, including:

• Direct Grants – Financial backing for promising projects that align with Oasis’ vision.

• Technical Mentorship – Hands-on guidance from the Oasis core development team and ecosystem partners.

• Community Engagement – Access to a robust network of developers, investors, and researchers to accelerate project adoption.

Additionally, projects may qualify for accelerator programs, hackathons, and strategic partnerships that can further drive adoption and success within the Oasis ecosystem.

Why Build on Oasis?

Oasis offers a unique proposition for developers looking to build the next generation of Web3 applications. With Sapphire, the only confidential EVM-compatible runtime in production, developers can create privacy-enabled smart contracts seamlessly. Moreover, Oasis Privacy Layer (OPL) enables multi-chain privacy, making it easier for dApps to integrate privacy without migrating from their existing chains.

The network's focus on secure data sharing, privacy-enhanced DeFi, and AI-powered applications makes it a compelling choice for builders aiming to push the boundaries of blockchain technology.

How to Apply for EFI Support

Developers and teams interested in securing funding through the Oasis EFI can submit their proposals via the official Oasis website. The review process assesses factors such as technical feasibility, market potential, and alignment with Oasis’ core vision of privacy-first blockchain solutions.

For more details, visit the official Oasis Network (https://oasisprotocol.org/blog) blog or apply for EFI funding today.