|
| 1 | +--- |
| 2 | +title: Funding Opportunities |
| 3 | +description: An Overview of Funding Opportunities within the Polkadot Ecosystem. |
| 4 | +--- |
| 5 | + |
| 6 | +<!-- MessageBox --> |
| 7 | +<div id="messageBox" class="floating-message-box"> |
| 8 | + <p> |
| 9 | + For decentralized, transparent, and regulatory-compliant fundraising within the ecosystem, check out the |
| 10 | + <a href="https://www.polimec.org/" target="_blank" rel="noopener noreferrer"> |
| 11 | + Polimec parachain. |
| 12 | + </a> |
| 13 | + </p> |
| 14 | + <button class="close-messagebox" aria-label="Close message">✖</button> |
| 15 | +</div> |
| 16 | + |
| 17 | +If you are certain you want to apply for a W3F grant, head straight to the |
| 18 | +[application process documentation](https://grants.web3.foundation/docs/Process/how-to-apply). |
| 19 | +Alternatively, the flowchart below outlines where we think the grants program fits in relation to |
| 20 | +other popular funding opportunities. For a longer list and a description of the programs listed below, check out |
| 21 | +[our page on alternative funding opportunities](./grants.md#alternative-funding-sources). |
| 22 | + |
| 23 | +## Funding Opportunities Overview |
| 24 | + |
| 25 | +```mermaid |
| 26 | +flowchart LR |
| 27 | + A(Project Focus) |
| 28 | + A -->|Development| B[Stage of Development] |
| 29 | + A -->|Research| C[Grants Program] |
| 30 | + A -->|Other| D[Business model exists] |
| 31 | + B -->|Existing POC| E[Treasury] |
| 32 | + B -->|No POC| F[Grants Program] |
| 33 | + D -->|No| H[Treasury] |
| 34 | + D -->|Yes| J[Ecosystem Funds] |
| 35 | + style C stroke:#e83e8c,stroke-width:2px,stroke-dasharray: 5 5 |
| 36 | + style E stroke:#e83e8c,stroke-width:2px,stroke-dasharray: 5 5 |
| 37 | + style F stroke:#e83e8c,stroke-width:2px,stroke-dasharray: 5 5 |
| 38 | + style H stroke:#e83e8c,stroke-width:2px,stroke-dasharray: 5 5 |
| 39 | + style J stroke:#e83e8c,stroke-width:2px,stroke-dasharray: 5 5 |
| 40 | + click C "https://grants.web3.foundation/docs/Process/how-to-apply" "Apply now" |
| 41 | + click F "https://grants.web3.foundation/docs/Process/how-to-apply" "Apply now" |
| 42 | + click E "https://wiki.polkadot.network/learn/learn-polkadot-opengov-treasury/" _blank |
| 43 | + click H "https://wiki.polkadot.network/learn/learn-polkadot-opengov-treasury/" _blank |
| 44 | + click J "https://wiki.polkadot.network/general/ecosystem-funds/" _blank |
| 45 | +``` |
| 46 | + |
| 47 | +## Funding FAQ |
| 48 | + |
| 49 | +1. _Will the grant be awarded to those delivering a complete product that everyone in the ecosystem |
| 50 | + can use?_ |
| 51 | +The grant does not necessarily require a finished product. It can be awarded at various stages of a |
| 52 | +project’s development. The goal is to support ongoing progress, so even partial advancements are |
| 53 | +eligible. |
| 54 | + |
| 55 | +2. _After receiving a grant, can a team request funds from the treasury to continue development, or |
| 56 | + will they be advised to opt for other existing funding options, like |
| 57 | + [Polimec](https://www.polimec.org/)? Is that possible?_ |
| 58 | +Teams can indeed request additional funds from the treasury after the initial grant. The grant is a |
| 59 | +great way to demonstrate capability and commitment to the community. Continued support would depend |
| 60 | +on community approval, but proving the project’s value through initial funding can help. |
| 61 | + |
| 62 | +3. _Since the grant will be awarded in stablecoin, why isn’t the bounty requested in stablecoin?_ |
| 63 | +Grants are not awarded in stablecoin. Grant applications are denominated in USD but will be |
| 64 | +converted to DOT at the time of payment. Currently, it’s not feasible to fund bounties directly with |
| 65 | +stablecoins. However, as this is programmable, we might explore potentially managing multiple assets |
| 66 | +through an AH address controlled by curators in the future, similar to the classic setup on the |
| 67 | +relay chain. |
| 68 | + |
| 69 | +4. _Will there be publicity for the bounty? That is, will social media be created where potential |
| 70 | + candidates can learn about the requirements, steps to participate, and so on?_ |
| 71 | +All grant-related information will be available on GitHub for easy access. However, we do not plan a |
| 72 | +dedicated social media presence. Instead, we’ll advertise the bounty individually and rely on word |
| 73 | +of mouth. |
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