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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 development and affect of each the W3F Grants Program and the Decentralized Futures (DF) Program, which have pushed important 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 group, whereas the DF Program goals to kick-start initiatives that may turn out to be 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 top of July as the ultimate purposes are being reviewed.
To this point, the DF Program has signed 40 initiatives, together with 18 previously quarter. Over 40 milestones have already been submitted, showcasing the speedy progress and dedication of the groups concerned. The distribution of initiatives signed by the DF Program is as follows: 61% give attention to expertise, 17% on advertising, 17% on enterprise growth, and 5% on group efforts. Whereas some initiatives are but to be introduced, you may view the listing of supported initiatives right here.
We’re dedicated to supporting DF initiatives with varied initiatives to maintain the group knowledgeable about their actions, boosting their visibility and affect. Not too long ago, we’ve launched the DF badge for initiatives supported by this system. DF groups are inspired to review the rules fastidiously earlier than utilizing the badge. Moreover, we preserve the group up to date by that includes every DF venture in devoted weblog articles and X threads. We additionally host dwell areas with DF groups to have interaction instantly with the group and supply updates on their progress.
Because of the DF Program’s large scope, we now have seen a discount in purposes to our Grants Program. On this wave, we now have signed seven new grants by the W3F Grants Program, every contributing to the development of the Polkadot ecosystem. The main target stays on fostering open-source applied sciences that present broad, reusable advantages throughout the group.
Dastanbek Samatov: Substrate EVM Adapter
Tuguldur Baigalmaa: XCM Instruments follow-up-2
Sporyon Applied sciences: Dotnix
C Forge: Enhance & Replace Typechain Polkadot
KodaDot: AssetHub NFT Indexer (M2)
Cyborg Community: Cyborg Community — Empowering Decentralized Edge Networks
Massa Labs: Sub-consensus mechanism
Because the Internet 3.0 ecosystem continues to develop, 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 venture concepts we’re all for funding, you may check out our open-source tech stack.
In case your venture doesn’t meet the standards of the W3F Grants Program and as a substitute goals to turn out to be a financially sustainable enterprise throughout 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. Should you’re all for 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. Should you’re notably all for a sure venture, or notably educated on a related topic, submit your personal analysis.
- We encourage anybody to submit a request for proposals (RFPs). Should you discover that there’s something lacking in our ecosystem (a instrument, a venture, infrastructure, and so on.), that we might assist fund, please submit an RFP.
We try to proceed enhancing the Grants Program and are all the time open to suggestions. If you want to share any solutions or criticism, please attain out to us on GitHub or Factor!