The blockchain industry has grown in the last five years thanks to all its benefits, such as speed, transparency, and immutability. Each of the most common blockchain networks has a specific budget to support projects based on this technology. However, the conditions for the allocation of these resources depend on the criteria that each blockchain has established. For example, some are looking to support projects whose value proposition is to improve network security, and others support educational and social projects. For this reason, if you are looking for a blockchain grant, you should know the type of projects it supports.
In this blog post, you will find five blockchain grants you should know about.
1. Ethereum grants
The programs listed below offer a variety of funding grants for projects working to promote the success and growth of the Ethereum ecosystem. You can use this as a guide to find and apply for funds to help make your next Ethereum project a success.
There are several different ways the ethereum ecosystem go about awarding funds:
- Small grants: capped at $30,000, are aimed at projects that are smaller in scope, more experimental, in early stages or have a shorter timeline.
- Project Grants: undergo a more intensive process of review and feedback, with no hard limit on the size of the request. Larger grants often evolve significantly from the initial application, in collaboration with the ESP team. Project Grants are targeted toward projects with multiple phases or components, longer timelines, more complex needs and greater financial or operational overhead.
- Event sponsorships: they accept sponsorship requests for events focused on Ethereum’s technology and community through our small grants program.
Which is the grants scope?
As the public facing allocation arm of the Ethereum Foundation, ESP provides funding and other forms of support to eligible projects working to improve Ethereum. They focus on work that strengthens Ethereum’s foundations and enables future builders, such as open source tooling, building blocks and libraries, research, community building, educational resources, open standards, infrastructure and protocol improvements.
ESP support is generally directed toward enabling builders rather than end-users: strengthening Ethereum’s infrastructure…