Our purpose on the grants staff 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 best affect 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 staff 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 usually are not meant to be an endorsement of a selected venture over others.
How can we consider purposes?
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We take into consideration highest affect by asking ourselves:
- how vital would this be to the ecosystem?
- how pressing is the issue?
- what number of different persons are engaged on this downside?
- how a lot worth can we get by giving a grant in comparison with doing nothing?
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We’re favorably biased in direction of tasks with affordable paths in direction of sustainability. This helps guarantee a long-term affect 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
Word: as a result of we’re providing non-dilutive capital, we anticipate to pay a reduction in your market price
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 velocity and high quality of the choice making course of.