Our objective on the grants group is to be devoted stewards of Ethereum group assets. As a part of the Ethereum Basis’s ongoing effort to diffuse energy all through our group, we give grants that we consider will return the best affect 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 attempt to not benefit one group over others
Keep away from grants on the utility layer, although we do consider that initiatives 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 usually are not meant to be an endorsement of a selected mission over others.
How will we consider functions?
We take into consideration highest affect by asking ourselves:
- how essential 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 will we get by giving a grant in comparison with doing nothing?
We’re favorably biased in direction of initiatives with cheap paths in direction of sustainability. This helps guarantee a long-term affect on the funding of group assets.
We search for candidates with related expertise or confirmed means to execute, commensurate with the grant quantity
Alignment with Ethereum values
Observe: as a result of we’re providing non-dilutive capital, we anticipate to pay a reduction in your market fee
We understand that our resolution making course of won’t ever be good, however we at all times do our greatest to repeatedly enhance the pace and high quality of the choice making course of.
