Our aim on the grants staff is to be devoted stewards of Ethereum neighborhood assets. As a part of the Ethereum Basis’s ongoing effort to diffuse energy all through our neighborhood, we give grants that we imagine will return the best impression on the Ethereum ecosystem over the long-term.
What’s the scope of EF grants?
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Open supply!
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Funding is just for future work
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Keep away from taking part in favorites. We attempt to not benefit one staff over others
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Keep away from grants on the software layer, although we do imagine that initiatives and groups working on the software layer ought to apply when they’re constructing open supply instruments relevant to the broader ecosystem
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Keep away from giving an Ethereum Basis “stamp of approval.” EF Grants are usually not supposed to be an endorsement of a specific mission over others.
How can we consider purposes?
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We take into consideration highest impression by asking ourselves:
- how necessary would this be to the ecosystem?
- how pressing is the issue?
- what number of different individuals are engaged on this downside?
- how a lot worth can we get by giving a grant in comparison with doing nothing?
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We’re favorably biased in the direction of initiatives with affordable paths in the direction of sustainability. This helps guarantee a long-term impression on the funding of neighborhood assets.
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We search for candidates with related expertise or confirmed capacity to execute, commensurate with the grant quantity
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Alignment with Ethereum values
Word: as a result of we’re providing non-dilutive capital, we anticipate to pay a reduction in your market fee
We notice that our determination making course of won’t ever be excellent, however we at all times do our greatest to repeatedly enhance the velocity and high quality of the choice making course of.
