Our purpose on the grants crew 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 imagine will return the very best affect on the Ethereum ecosystem over the long-term.
What’s the scope of EF grants?
Funding is just for future work
Keep away from enjoying favorites. We strive to not benefit one crew over others
Keep away from grants on the utility layer, although we do imagine 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 aren’t supposed to be an endorsement of a selected undertaking over others.
How can 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 drawback?
- how a lot worth can we get by giving a grant in comparison with doing nothing?
We’re favorably biased in the direction of initiatives with cheap paths in the 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 skill 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 choice 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.