Web3

Web3 Foundation Grants — Wave 22 Recipients

Web3 Foundation

As we progress by 2024, we’re excited to announce the most recent wave of grant recipients. In wave 22, we’re witnessing the continued collective progress and impression of each the W3F Grants Program and the Decentralized Futures (DF) Program, which have pushed vital developments within the Polkadot and wider Web3 ecosystem.

To recap, the W3F Grants Program focuses solely on technical and open-source initiatives that profit the neighborhood, whereas the DF Program goals to kick-start initiatives that may change into financially self-sustainable in the long term, providing extra flexibility in focus and licensing.

The DF utility interval closed on the finish of June 2024, and it has acquired an amazing response with over 250 purposes. This far exceeded our expectations and highlights the immense curiosity from inside and outdoors the ecosystem. To date, over 25 million USD in funding has been assigned by the DF Program, with extra funds anticipated to be assigned by the tip of July as the ultimate purposes are being reviewed.

Up to now, the DF Program has signed 40 initiatives, together with 18 previously quarter. Over 40 milestones have already been submitted, showcasing the fast progress and dedication of the groups concerned. The distribution of initiatives signed by the DF Program is as follows: 61% concentrate on know-how, 17% on advertising, 17% on enterprise improvement, and 5% on neighborhood efforts. Whereas some initiatives are but to be introduced, you possibly can view the checklist of supported initiatives here.

We’re dedicated to supporting DF initiatives with varied initiatives to maintain the neighborhood knowledgeable about their actions, boosting their visibility and impression. Not too long ago, we’ve introduced the DF badge for initiatives supported by this system. DF groups are inspired to check the rules fastidiously earlier than utilizing the badge. Moreover, we hold the neighborhood up to date by that includes every DF challenge in devoted weblog articles and X threads. We additionally host stay areas with DF groups to have interaction immediately with the neighborhood and supply updates on their progress.

As a result of DF Program’s extensive scope, we’ve got seen a discount in purposes to our Grants Program. On this wave, we’ve got signed seven new grants by the W3F Grants Program, every contributing to the development of the Polkadot ecosystem. The main focus stays on fostering open-source applied sciences that present broad, reusable advantages throughout the neighborhood.

Dastanbek Samatov: Substrate EVM Adapter

Tuguldur Baigalmaa: XCM Tools follow-up-2

Sporyon Technologies: Dotnix

C Forge: Improve & Update Typechain Polkadot

KodaDot: AssetHub NFT Indexer (M2)

Cyborg Network: Cyborg Network — Empowering Decentralized Edge Networks

Massa Labs: Sub-consensus mechanism

Because the Net 3.0 ecosystem continues to broaden, we welcome new proposals. Making use of for a W3F grant is easy — simply submit a pull request to our Grants Program repository. For inspiration, an outline of initiatives within the ecosystem, and broad challenge concepts we’re considering funding, you possibly can check out our open-source tech stack.

In case your challenge doesn’t meet the criteria of the W3F Grants Program and as an alternative goals to change into a financially sustainable enterprise inside the Polkadot ecosystem, there are different ecosystem-native funding mechanisms, such because the OpenGov-managed treasury, curated bounties or the Polimec fundraising platform.

The Grants Program goals to be as open and accessible as attainable. If you happen to’re considering contributing or getting concerned, there are a number of methods you are able to do that:

  • We’re open to — and reward! — milestone evaluations from third events. If you happen to’re significantly considering a sure challenge, or significantly educated on a related topic, submit your own evaluation.
  • We encourage anybody to submit a request for proposals (RFPs). If you happen to discover that there’s something lacking in our ecosystem (a software, a challenge, infrastructure, and so forth.), that we might assist fund, please submit an RFP.

We try to proceed enhancing the Grants Program and are at all times open to suggestions. If you want to share any recommendations or criticism, please attain out to us on GitHub or Element!

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