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Our purpose on the grants workforce is to be trustworthy stewards of Ethereum neighborhood assets. As a part of the Ethereum Basis’s ongoing effort to diffuse energy all through our neighborhood, we give grants that we consider will return the best influence 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 taking part in favorites. Â We attempt to not benefit one workforce over others
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Keep away from grants on the software layer, although we do consider that initiatives and groups working on the software 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.” Â EF Grants are usually not supposed to be an endorsement of a selected mission over others.
How will we consider purposes?
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We take into consideration highest influence by asking ourselves:
- how necessary 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 will we get by giving a grant in comparison with doing nothing?
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We’re favorably biased in direction of initiatives with affordable paths in direction of sustainability. Â This helps guarantee a long-term influence on the funding of neighborhood assets.
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We search for candidates with related expertise or confirmed capability to execute, commensurate with the grant quantity
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Alignment with Ethereum values
Notice: as a result of we’re providing non-dilutive capital, we anticipate to pay a reduction in your market price
We notice that our resolution 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.
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