The Tezos Foundation has issued grants to projects submitted in response to its latest request for proposals.

Per a Sept. 10 announcement, the foundation has released 14 new grants to projects targeting the advancement of the Tezos project. Recipient projects prioritized developments such as applications built using Tezos smart contracts, Tezos block explorers, tools for smart contract development, Tezos-focused training resources and marketing initiatives that improve awareness of the ecosystem.

Range of recipient projects that won Tezos grants

The foundation accompanied the announcement with a description of the projects, of which one focuses on the improvement of a Telegram bot for monitoring various events on the Tezos blockchain, including transactions, missing block endorsements and double-baking.

Other projects will work on Tezos-related learning materials and tools, such as a refined documentation platform for users, the improvement of the TezBridge documentation with detailed text manuals, as well as the expansion of the original website into a self-sustaining library. 

Following the approval of the grants, the Tezos Foundation began distributing funds. The grants’ financial details were not disclosed.

As previously reported by Cointelegraph, major Latin American investment bank BTG Pactual announced that it is planning to shift its security token offerings onto the Tezos blockchain and smart contracts platform. Dalma Capital, which partnered with BTG Pactual, is also planning use Tezos to tokenize a variety of assets, including real estate, equity, lending, as well as global sports clubs.

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