Our purpose 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 meant to be an endorsement of a selected mission over others.
How can we consider functions?
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We take into consideration highest impression by asking ourselves:
- how essential would this be to the ecosystem?
- how pressing is the issue?
- what number of different persons 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 skill to execute, commensurate with the grant quantity
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Alignment with Ethereum values
Notice: as a result of we’re providing non-dilutive capital, we count on to pay a reduction in your market price
We notice that our determination making course of won’t ever be good, however we all the time do our greatest to repeatedly enhance the pace and high quality of the choice making course of.