Web3 Scholarship is a funding platform jointly initiated by Huobi Incubator and a group of blockchain veterans, venture capitals, universities, and crypto platforms. It will be committed to funding builders in the Web 3.0 field and providing support in many aspects, i.e,. funds, incubator mentorship and token listing opportunities for early-stage projects. There are two different types of fundings:

 A. Web3 Grant - once a project is qualified to receive the Web3 Grant, a $1,000 USDT worth of grant is awarded to the project directly. You will also be invited to participate in the Colombo Demo Day - an open platform to showcase the new emerging trends and projects within. By presenting your project, not only will you gain exposure, you will also have the opportunity to win bigger prizes up to $10,000 along with potential investment opportunities from the judging panels.

B. Star-up Fund - if your early-stage project is lacking resources, funds or mentorship, apply to receive $100,000-200,000 USDT worth of fund to expedite the development of your project. In addition to the fund, you will also receive market resources, tokenomics design advice, financing, tech support, listing opportunities, market maker support at the same time. In return, Huobi Incubator is going to take 5%-10% shares. If you pass the preliminary examination organized by the Web3 Scholarship committee, you will be invited for a video interview to be determined whether your project is qualified.