The blockchain industry has grown in the last five years thanks to all its benefits, such as speed, transparency, and immutability. Each of the most common blockchain networks has a specific budget to support projects based on this technology. However, the conditions for the allocation of these resources depend on the criteria that each blockchain has established. For example, some are looking to support projects whose value proposition is to improve network security, and others support educational and social projects. For this reason, if you are looking for a blockchain grant, you should know the type of projects it supports.
In this blog post, you will find five blockchain grants you should know about.
The programs listed below offer a variety of funding grants for projects working to promote the success and growth of the Ethereum ecosystem. You can use this as a guide to find and apply for funds to help make your next Ethereum project a success.
There are several different ways the ethereum ecosystem go about awarding funds:
Which is the grants scope?
As the public facing allocation arm of the Ethereum Foundation, ESP provides funding and other forms of support to eligible
projects working to improve Ethereum. They focus on work that strengthens Ethereum's foundations and enables future builders, such as open source tooling, building blocks and libraries, research, community building, educational resources, open standards, infrastructure and protocol improvements.
ESP support is generally directed toward enabling builders rather than end-users: strengthening Ethereum's infrastructure, expanding the range of tools available to those building on Ethereum, gaining a deeper understanding of cryptographic primitives, and growing the builder ecosystem through education and community development. They are open to supporting work from people and teams of all kinds.
Where to apply?
For small grants : https://esp.ethereum.foundation/applicants/small-grants/apply
For project grants: https://esp.ethereum.foundation/applicants/project-grants/apply
The Chainlink Community Grant Program funds development teams and researchers building a more functional, accessible, and socially impactful smart contract economy.
The Chainlink grant program deploys substantial resources toward the creation of critical developer tooling, the addition of high-quality data, and the launching of key services around the Chainlink Network.
Grants programs they offer:
Where to apply?
Web3 Foundation funds development work driving advancement and adoption of decentralized software protocols. They support projects that make it easier for developers to build useful applications using these protocols.
They are particularly interested in the following areas:
Generally, your project will have better chances to be accepted if:
Additionally, it must fulfill the following requirements:
Some ideas of grant projetcs: https://github.com/w3f/Grants-Program/blob/master/docs/polkadot_stack.md
The W3F program offers different grant levels to help you best depending on your current stage.
Level 1 (= InstaGrants)
• Target: Individuals & small teams
• Amount: Up to $10.000
• Requirements: 2 approvals
Benefits: Feedback during application process and evaluation, introduction to related teams/projects
Level 2
• Target: Small teams/start-ups
• Amount: Up to 10.000
• Requirements: 3 approvals
• Benefits: All of the above + co-promotion, Grants Program badge, fast track to Substrate Builders Program
Level 3
• Target: Companies/foundations with a proven track record
• Amount: Unlimited
• Requirements: 5 approvals (for >$100k: Web3 Foundation Council approval + Pitch call)
• Benefits: All of the above + VC introduction.
Where to apply?
https://github.com/w3f/Grants-Program
Near Protocol offers the following DeFi grants:
NEAR DeFi Ecosystem: Proximity can be most helpful to strong teams launching a unique DeFi protocol on NEAR or Aurora. You can apply If you're building in the NFT, MetaVerse or DAO space. They include:
Who should apply?
Apply for a grant if you are highly motivated and self-directed, have a specific idea in mind, and are ready to start immediately. At least some part of your proposal must include plans to produce something educational value for the NEAR ecosystem.
How much is available?
In the 6 months spanning September 2021 through February 2022 our team awarded 47 recipients among 15 countries over $1.7M USD worth of NEAR tokens to add value to the efforts of educating the world about NEAR. Throughout 2022 near blockchain hope to attract even more amazing proposals worth $5-10M USD, including yours.
Where to apply?
https://airtable.com/shr48YzCn2OTfKR4B
The Solana Foundation Grants Program provides milestone-based funding to support initiatives aimed at decentralizing, growing, and securing the Solana network.
Below are a few categories of projects we’re interested in funding:
When determining whether your project proposal fits the bill for a Foundation grant, be sure it meets the following criteria:
Where to apply?
https://share.hsforms.com/1GE1hYdApQGaDiCgaiWMXHA5lohw
For us, it has been fascinating to be able to analyze each one of the requirements to apply for the different blockchain grants. We know that many people with great ideas can help improve the blockchain communities. We recommend you look in depth at the grant requirements that most attract your attention and fit with the idea you have in mind!
If you have any ideas, remember that Codescrum offers you blockchain development services. Let's continue working together so that this technology continues to revolutionize the world.
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