Though Core Chain only launched mainnet earlier this year, one thing that already sets it apart in Web3 is a unique approach to fostering innovation and community growth through Grants.
The Core Chain Grants Program is a funding initiative that supports projects focused on decentralizing, expanding, and fortifying the Core Chain ecosystem. The program’s top priority is to help developers and builders accelerate their ideas and bring them to life on-chain, while providing key infrastructure and utility on Core Chain.
With a broad scope encompassing many aspects of ecosystem development, the program was designed to empower anyone who wants to build. Whether a developer is building the next killer dApp in DeFi, infrastructure or gaming, the Grants Program is a fit for nearly any project that meets the program’s requirements. It also provides two types of funding, Builder Grants for early-stage projects, and Growth Grants to help more established projects within the ecosystem scale.
The Grant Process
The application process was designed to be as accessible as possible, with rolling reviews and flexible funding levels. If a project makes the cut, they will have the opportunity to present their idea to Core Chain, who will assess the project on a number of criteria and determine funding amounts. All grants awarded will be milestone-based, ensuring that progress and results are at the forefront of the program.
Core Chain is committed to reviewing all applications as quickly as possible.
Grant Program Criteria
- Projects must be open source to foster collaboration and transparency. The open-source nature of Web3 is what makes this space so special, and projects eligible for Core Chain’s Grant Program will uphold those same values.
- The project needs to ultimately benefit the Core Chain ecosystem and the broader blockchain community, either presently, or with a clear path for growth, on-chain activity, providing open source tooling or becoming a public good.
- Teams must possess the ability to execute and scale their idea. Experience and perceived capacity to deliver results for the community are critical factors in grant decisions.
- Teams must exhibit a high degree of transparency, including how the grant funds will be utilized.
Grant Program Standards
Projects in the Grants Program are held to a high standard, and there are clear expectations they must meet to remain in good standing within the program.
A project’s funding can be cut for various reasons, including misappropriation of resources, malicious behavior, compromised security or non-compliance with applicable laws and regulations. This commitment to integrity and accountability helps ensure that the Core ecosystem remains secure and trustworthy.
Because Core Chain is open and permissionless, meaning that anyone can build, problems will inevitably arise. When they do, assessments will address any risks associated with grant recipients or independent projects as soon as they are detected. The goal is to mitigate risk and keep the community updated so they can make informed decisions before interacting with projects.
Looking to the Future
Core Chain Grants are an investment in the future of the Core Chain's community and the blockchain space. Core Chain firmly believes in the potential of decentralized, open-source blockchain applications for the betterment of all, and works hard to support individuals and teams who share this vision.
Other Funding Opportunities on Core Chain
In addition to the Core Chain Grants Program, there are other funding options for select teams based on their scope and potential impact. This funding comes from a $200 million ecosystem collaboration that was launched with Core's partners Bitget and MEXC.
With multiple opportunities now available for builders to launch their projects on Core Chain, the S-Prize program that was launched earlier this year will no longer be active.
We’d love to learn more about your project. Apply for Grant Program funding or contact Core Chain @ [email protected] for more information about the Ecosystem Fund.