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Web3 Foundation / Parity

Web3 Foundation / Parity logo
📍 Zug, Switzerland
🇨🇭 CH

Web3 Foundation is a nonprofit foundation established in 2017 in Zug, Switzerland by Gavin Wood and others to fund and support decentralized web protocols, primarily Polkadot and Kusama. It commissions and finances core development, including work by Parity Technologies, a software firm based in Berlin that builds the Polkadot SDK and the Substrate framework. In December 2025 the Foundation began winding down its open grants program in favor of targeted, product focused funding for Polkadot, and it continues to steward the JAM protocol, Polkadot's next protocol iteration. This record combines the Web3 Foundation and its affiliated developer Parity Technologies.

Services & Coverage
CHEUGlobaldigital_assetscryptocurrency
blockchainpolkadotkusamaweb3substrategrantsnon-profit

🏛 Regulatory Status

License #
𝕏 Web3foundationin LinkedIn
Company Info
Founded 2017
Size medium
Key Executives
Gavin Wood (Founder and President, Web3 Foundation; CEO of Parity Technologies from August 2025)Fabian Gompf (CEO, Web3 Foundation)

Recent News

Aligning Web3 Foundation Grants Program with Polkadot's Product-centric Vision
2025-12

Web3 Foundation is winding down its open grants program and shifting to targeted, product focused funding aligned with Polkadot core protocol and product vision.

Back at the Helm: Parity Leadership Update
2025-08

Gavin Wood resumed the CEO role at Parity Technologies in late August 2025 as Bjorn Wagner stepped down after nine years with the team.

JAM featured at ETHLisbon, offers glimpse into the future of Web3 infrastructure
2025-05-05

JAM, the Join Accumulate Machine protocol succeeding the Polkadot relay chain, was showcased as the next iteration of Polkadot infrastructure.