The Metis Foundation has partnered with Gitcoin to launch a $4 million annual grant program.

according to official sources, the Metis Foundation has partnered with Gitcoin to launch a $4 million annual grant program aimed at promoting innovation and development within the Metis ecosystem.

It is reported that the first round of grants hosted by Gitcoin started today (August 29), distributing 3,000 METIS (equivalent to $100,000) through quadratic funding (QF).