IOTA Grants
The Entry IOTA Grants was published first on CoinFabrik.
Guidelines
The allocation of grants is guided by transparent funding guidelines, available on the grants website, ensuring that only projects that align with the objectives of IOTA Grants and have the potential to make a positive impact within the IOTA ecosystem are supported.
Applying for IOTA Grants couldn’t be more straightforward. Just fill out the application form, and participate in an interview with the IOTA Grant Committee, which will evaluate your application.
During the evaluation process, the IOTA Grant Committee consisting of IOTA Foundation members will assess your application based on the following criteria: Funding Guidelines Fit, Scalability, Usefulness, Safety, Expertise of Grantee, and Long-Term Viability. Once again, the IOTA Grants website has more details about the criteria.
The evaluation process is designed to ensure that all applications are rated on the same scale and that funds are allocated to projects with the greatest potential to make an impact.
Tiered Based Assessment Framework
Applications undergo assessment based on a tiered framework.
The funding amount requested in the application determines the criteria for a successful application.
Tier 1: Up to $ 10,000
KYC not Required
Tier 2: Up to $ 50,000
KYC Required
Tier 3: $ 50,000 and beyond
KYC Required
Grant Categories
The current focus of IOTA Grants is to support Open-Source Development, Research, Education, and Events. Each of these categories plays a crucial role in driving innovation and growth within the IOTA ecosystem.
Open-Source Development: Supports creation and enhancement of applications, utilities, tools, libraries, and public goods.
Research: Supports research papers, scholarships, and theoretical solutions for open-source development.
Education: Bridges complex technology and user-friendly adoption through educational content and programs.
Events: Funds community engagement, hackathons, workshops, and travel expenses for ecosystem projects.
You can find more information about each category on the IOTA Grants website.
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The Entry IOTA Grants was published first on CoinFabrik.
