ETH Research Grant: Funds Allocated to 5 BUIDL Teams on DoraHacks.io
On March 30, it was announced that the list of projects funded by ETH Research Grant in the second round and the allocation of funds have been announced on the open source develope
On March 30, it was announced that the list of projects funded by ETH Research Grant in the second round and the allocation of funds have been announced on the open source developer incentive platform DoraHacks.io. A total of 5 BUIDL teams have been selected for the community voting session in this round, and a grant grant of $5000 has been allocated based on the community MACI voting results. The projects that entered the Grant voting round are Antsyb, Eigen Network, Topic, DeGov Model, and MemeBook.
Grant’s second round of funding list for Ethereum Research was announced, and the third round of project submission is ongoing
On March 30, the list of projects funded by the ETH Research Grant in the second round were announced. The allocation of funds has been posted on the open source developer incentive platform DoraHacks.io. A total of 5 BUIDL teams have been selected for the community voting session in this round, and a grant of $5000 has been allocated based on the community MACI (Minimally-coordinated Anti-Collusion Infrastructure) voting results. The projects that entered the Grant voting round are Antsyb, Eigen Network, Topic, DeGov Model, and MemeBook.
Overview
The ETH Research Grant is a program designed to financially support and encourage the growth of projects built on the Ethereum platform. This grant is intended for teams that are seeking funding to continue working on their innovative ideas related to the blockchain. The program is open to developers across the globe, so long as they are building on Ethereum.
BUIDL Teams Chosen
The 5 projects which set themselves apart and secured their place for the community voting session through the ETH Research Grant are:
Antsyb
Antsyb is a permissionless, decentralized prediction market platform that doesn’t require reliance on trusted third parties. The project develops an open-source toolkit aimed at providing a way to build custom markets and run them on the Ethereum blockchain.
Eigen Network
Eigen Network is a secure, decentralized cross-chain oracle network. It allows real-world data to enter the blockchain thanks to the permissionless and modular framework of Ethereum smart contracts.
Topic
Topic is an open-source, non-custodial Ethereum-based platform that allows anyone to create a decentralized, uncensored discussion forum. At the same time, the community safeguards the content, increasing transparency and allowing users to moderate the platform.
DeGov Model
The DeGov Model is a blockchain governance framework designed to democratize decision-making and participation in blockchain-based projects. This innovative idea introduces a new virtual entity called the Decentralized Autonomous Venture (DAV), providing a new form of decentralized governance.
MemeBook
MemeBook is a new social networking site aimed at facilitating meme creation, posting, sharing, and network interaction. The project has open-source software built on Ethereum, providing a peer-to-peer social network and allowing users to earn tokens for engaging with content.
The Community Voting Session
The community voting session is a significant part of the allocation of funds for the ETH Research Grant. The community’s input determines how much funding each project receives. MACI is used in these voting sessions, providing a cryptographically secure way for stakeholders to make decisions without the possibility of collusion.
Conclusion
The ETH Research Grant has proved to be instrumental in the growth of Ethereum-based projects. The second round of funding has brought forward a diverse and innovative set of projects built on the Ethereum blockchain. It’s heart-warming to see the Ethereum community respond so positively to these new projects, and it’s exciting to see where they will go as they begin to receive funds.
FAQs:
Q: Can anyone participate in the community voting session?
A: Yes, anyone who has an interest in Ethereum and the projects being proposed is welcome to participate in the community voting session.
Q: What is MACI?
A: MACI is a cryptographically secure way of voting that prevents collusion between stakeholders. It ensures that decisions are made democratically.
Q: Why are Ethereum-based projects receiving funding so important?
A: The Ethereum blockchain provides a platform for developers to build decentralized, trustless applications. Thus, funding the growth of these projects helps promote the development of secure, peer-to-peer alternatives to traditional centralized applications.
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