Sandeep Nailwal, co-founder of Polygon, and Symbolic Capital, a venture capital fund, have announced the launch of the Nailwal Fellowship program.
The aim of the initiative is to provide financial aid to aspiring developers who are transitioning from Web 2.0 to Web3.
Each year, 10 applicants will be chosen to receive $50,000 grants. The Nailwal Fellowship is open to all developers, regardless of age or location.
Those interested in applying can do so from May to early June, with interviews to be conducted at the end of June.
Nailwal has said that the fellowship “is not about funding a startup. This is a fellowship that will support people at a very, very early stage. Some of them may not even have an idea and just want to explore.”