Dear RootstockCollective Community,
We are thrilled to announce the launch of Wave II of the Bitcoin Innovator Grants! After a successful first wave, which you can recap here, we are now moving forward to empower more builders and innovators within the Rootstock ecosystem.
- Total Grant Pool = $45,000 in rBTC
- Grant limit per project = $5K
Wave II Objectives
As we continue to foster growth and innovation on Rootstock and RIF, Wave II aims to:
- Support more transformative projects that can elevate the utility and capabilities of RIF.
- Strengthen community engagement and ensure that our collective efforts contribute significantly to the blockchain metrics.
Strategies for Project Promotion
To enhance the success of your proposals and ensure robust community backing, consider the following strategies:
- Engage Your Network: Utilise your social media and PR channels to share your vision and rally support. Show your network the exciting potential of your project.
- Appeal to Existing Stakers: Reach out to RIF stakers in the DAO via the forum and other channels.
- Your proposal can align with their interests and encourage them to actively participate in the voting process.
Submission Guidelines
Make sure your proposals meet the criteria outlined below.
- Building Natively on Rootstock: Projects must be developed with Rootstock as the primary blockchain infrastructure.
- Past Rootstock Grant Recipients: Preference is given to teams that have previously received a Rootstock grant, demonstrating ongoing commitment and contribution to the ecosystem.
- Adopting RIF and stRIF: Projects should incorporate RIF and stRIF tokens in their business models or value propositions to enhance the RIF ecosystem’s capabilities and reach.
Timeline
- Application Period: On Oct 23, 2024
- Voting Period: 1 Week
- Announcement of Grantees: October 31st
Get Involved
This is more than just a grant program; it’s a chance to be at the forefront of blockchain innovation. We encourage everyone in our community to get involved, whether by submitting a project, supporting others’ proposals, or participating in the voting process.
We are excited to see the innovative ideas our community brings to the table in Wave II. Let’s continue to build a vibrant and robust Rootstock ecosystem together.
Thank you for being an integral part of this journey!
Important Disclaimer
Eligibility & Exclusions:
Restricted Countries: No applications will be accepted from U.S. persons or U.S.-based companies. Additionally, we cannot accept applications from individuals or entities based in the following countries due to legal restrictions: South Sudan, Iran, Syria, North Korea, Myanmar, Democratic Republic of the Congo, Mali, Burkina Faso, Yemen, Haiti, Russia, and territories of Ukraine occupied by Russia.
Grants criteria: a) building natively in Rootstock, b) past Rootstock grant recipient, c) and adopting RIF and stRIF in their value proposition, d) Joined a onboarding / kick-off call
All grant applicants to the Rootstock Collective DAO are required to successfully complete Know Your Customer (KYC) checks with the RootstockCollective Foundation before any capital is disbursed. While applicants may submit proposals without completing KYC, failure to comply with the KYC process upon request will render the applicant ineligible to receive any funds, regardless of proposal approval or voting outcomes within the DAO. The Rootstock Collective DAO reserves the right to withhold funds if the necessary KYC information is not provided or does not meet the required standards. Participation in the grant programme is contingent on the completion of these checks, and the DAO is under no obligation to disburse any funds to applicants who fail to meet these requirements.