Our aim on the grants staff is to be trustworthy 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 consider will return the very best influence on the Ethereum ecosystem over the long-term.
What’s the scope of EF grants?
Open supply!
Funding is just for future work
Keep away from enjoying favorites. We strive to not benefit one staff over others
Keep away from grants on the utility layer, although we do consider that tasks and groups working on the utility layer ought to apply when they’re constructing open supply instruments relevant to the broader ecosystem
Keep away from giving an Ethereum Basis “stamp of approval.” EF Grants will not be supposed to be an endorsement of a selected venture over others.
How will we consider purposes?
We take into consideration highest influence by asking ourselves:
- how necessary 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 will we get by giving a grant in comparison with doing nothing?
We’re favorably biased in direction of tasks with cheap paths in direction of sustainability. This helps guarantee a long-term influence on the funding of neighborhood assets.
We search for candidates with related expertise or confirmed skill to execute, commensurate with the grant quantity
Alignment with Ethereum values
Be aware: as a result of we’re providing non-dilutive capital, we count on to pay a reduction in your market fee
We understand that our choice 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.
