The grant fund will pay developers in cash, rather than equity or tokens, and submitted projects will be made public to source feedback from the Nervos community.
Nervos Network plans to launch its "Lina" blockchain next week, on the heels of securing $72 million through a token sale on Coinlist.
Inter-blockchain communication (IBC) is poised to be a major theme of 2020. And, like most trends in crypto, it has its fair share of hope, hype and haters.
Investing in a token offering for the Nervos Network could help China Merchants Bank International tap into the DeFi ecosystem.