Proton Blockchain Grant Program
The Metallicus team is excited to see the evolution of the Proton Blockchain Development Fund grant program, aimed at fostering innovation and collaboration within the Proton ecosystem. The new and improved Proton Grant Program, funded by the Community Warchest, allocates 2 billion XPR (over $3 million USD) to support individuals, teams, and companies building on the Proton Blockchain.
The program’s ample funding aims to attract a diverse range of talent, from individual developers to established companies, contributing to the ecosystem’s growth and diversity. As a result, the Proton Blockchain will continue to thrive and expand, further establishing itself as a leading platform for cutting-edge solutions in the blockchain industry.
The revamped Proton Grant Program streamlines the application process, increases transparency, and encourages participation. The program is structured to allow for a wide range of applicants, including individuals, small teams, and companies, to apply for funding, with a preference for open-source projects. Moreover, the Recognition Grants may be awarded to projects that have already made a significant impact in the ecosystem, at the discretion of the Proton Consortium.
As the driving force behind the Proton Blockchain Grant Program, the Consortium is responsible for evaluating grant applications, approving projects that meet the criteria, and monitoring the progress of funded projects. The grant amounts vary depending on the type of applicant and project, encouraging a wide array of participants to contribute to the growth and innovation of the Proton Blockchain ecosystem, ultimately leading to a thriving and diverse blockchain community.
The grant program’s guidelines allow for a wide range of applicants, from individuals to companies, with minimum requirements that include having a Proton account with KYC verification, proven experience, and a live project or an experienced team. The application process is straightforward, and once approved, the project milestones should be reported to the community via GitHub, with the Proton Consortium monitoring progress.
Payments are made in XPR (Proton Blockchain’s native cryptocurrency) after the milestone sign-off by the Proton Consortium and approval of the proposal multisignature (msig) by three Consortium members. For first-time grant recipients, payments are made on a per-milestone basis. The grant evaluators and operator, comprising Metallicus and the Proton Consortium Members, respectively, oversee the entire process.
The Proton Blockchain Development Fund’s improved grant program empowers developers and businesses to build on the Proton Blockchain, contributing to the development of the broader ecosystem. This will not only strengthen the Proton community but also ensure a thriving and innovative future for the blockchain.
For more information and to apply for a grant, visit the Proton Blockchain Grant Framework Github Repo or join the Proton Blockchain Developers Channel on Telegram.
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