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Our aim on the grants crew is to be trustworthy 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 very best impression on the Ethereum ecosystem over the long-term.
What’s the scope of EF grants?
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Open supply!
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Funding is just for future work
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Keep away from enjoying favorites. We strive to not benefit one crew over others
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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
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Keep away from giving an Ethereum Basis “stamp of approval.” EF Grants will not be meant to be an endorsement of a selected undertaking over others.
How will we consider purposes?
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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 drawback?
- how a lot worth will we get by giving a grant in comparison with doing nothing?
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We’re favorably biased in the direction of tasks with affordable paths in the direction of sustainability. This helps guarantee a long-term impression on the funding of group assets.
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We search for candidates with related expertise or confirmed potential to execute, commensurate with the grant quantity
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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 notice that our choice making course of won’t ever be excellent, however we all the time do our greatest to repeatedly enhance the pace and high quality of the choice making course of.
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