Upstreet’s DFINITY Grant

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Upstreet’s DFINITY Grant

We're excited to announce Upstreet DAO has received a $50,000 grant from the DFINITY Foundation! This grant will support our efforts to progressively decentralize Upstreet's technology stack using the Internet Computer blockchain. It reinforces the potential we see in leveraging the Internet Computer's capabilities on our journey towards full decentralization.

We appreciate DFINITY's support in this initiative! Through this collaboration, we can decentralize key components of Upstreet's infrastructure in a secure, efficient way. As we evaluate moving parts of Upstreet onto the Internet Computer, we look forward to deepening our partnership with DFINITY and staying on the cutting edge of the Internet Computer’s progress. We are excited about the possibilities around on-chain multiplayer and AI!

Why does this matter?

For us, progressive decentralization is about more than forming a DAO and distributing governance. We aim to build Upstreet on resilient, community-owned infrastructure.

By utilizing the Internet Computer as a decentralized cloud, we can eliminate single points of failure and establish community ownership of Upstreet's core components. This safeguards Upstreet from potential censorship, manipulation, downtime, and other centralization risks.

Why the Internet Computer?

The Internet Computer provides several capabilities that make it a strong choice for decentralizing projects like Upstreet:

  • On-chain hosting of front-end experiences.

  • Affordable on-chain storage.

  • A WASM virtual machine.

  • Reverse-gas model.

  • High transaction speeds.

  • Built-in HTTP outcall functionality.

These are just a few of the features that we will leverage to progressively decentralize the Upstreet technology stack!

Join us on our journey: Twitter & Discord

Try Upstreet for yourself: Website

-- Lucid