Our aim on the grants staff is to be trustworthy stewards of Ethereum neighborhood sources. 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?
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 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 specific mission over others.
How can we consider purposes?
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 individuals are engaged on this downside?
- 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 affordable paths in the direction of sustainability. This helps guarantee a long-term impression on the funding of neighborhood sources.
We search for candidates with related expertise or confirmed potential to execute, commensurate with the grant quantity
Alignment with Ethereum values
Word: 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 resolution making course of won’t ever be good, however we all the time do our greatest to repeatedly enhance the velocity and high quality of the choice making course of.