Cosmos Hub - Accelerate Brazil
Amount Approved: $35,000
Status: In Progress

Cosmos Hub – Accelerate Brazil

Brazil has experienced a significant surge in stablecoin adoption, with USDT transactions topping $55 billion in volume for Jan-Oct 2023 – 80% of all cryptocurrency transactions in the country during that period. This trend underscores the growing appetite for blockchain solutions across various industries in Brazil.

This 5-month program, with Brasa Labs, aims to accelerate the Cosmos Hub’s presence and utility in Brazil by fostering a robust developer community to develop web3 solutions that can support local businesses.

Targetting three major regions in Brazil – Rio de Janeiro, Minas Gerais, and Curitiba – the program aims to connect with 50-100 developers and will include:

  • Creation of an open-source library of educational materials on Cosmos, including tutorials, guides, and video resources.
  • Nine developer-focused workshops (three in each region) on the Interchain Stack, Interchain Security, and launching in the AEZ.
  • Selecting and then supporting 3-6 startups building with ATOM or in the AEZ, guiding them to develop MVPs and ultimately presenting them to investors in a Demo Day event.

This program addresses the need for specialized web3 skills in Brazil, especially as demand for blockchain solutions grows across Brazilian industries. Through practical training, mentorship, and startup support, we’re setting the stage for Cosmos Hub to become a core technology partner in Brazil’s blockchain landscape.

As part of the program, our implementation partners will include local universities, education and accelerator partners.

This team previously received a grant from us in 2023 for Cosmos Brazil: Developer Activation in Brazil. This program is assumed to run from Jan – May 2025.

About Brasa Labs / Cosmos Brasil
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Brazilian Venture Studio and Web3 Accelerator Hub. The bridge between protocols and business models with real world solutions in Latin America.
Building the cosmos Brasil community | Awareness and development for the cosmos app-chains.

Current Status: In Progress
Funding Program: Regular Grants

Amount Requested: Amount in their initial application, or for RFPs, their first quote or that of the nearest competitor $45,000
Amount Approved: $35,000 (78%)
Amount Paid: $0 (0%)

Date Applied: Nov 04, 2024
Date Approved: Generally includes time spent doing interviews, rescoping or amending the application, and due diligence Nov 12, 2024 (8 days)

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