Web3 foundation x polkadot alpha program sub0.pptx

dot55audits 39 views 19 slides Jun 11, 2024
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About This Presentation

Web3 foundation x polkadot alpha program sub0.pptx


Slide Content

FE

jt BE a
3 Polkadot « ge E

ai Funding Avenues Within The Polkadot -

© EcoSystem

Seraya Takahashi
oe 4 # Grants, Web3 Foundation

NR

Er

Joshua Cheong
Web3 Foundation

intr
Funding Opportunities Overview

Decentralized Futures

W3F Grants Program

Treasury

Pioneer's Prize

Parachain-specific Grant Programs
Alpha Program

teams that pick
the wrong program
and get no funding

teams coming to
this talk and get
funded after picking
what's right for them

Overview

Key Facts

e Significant funding capacity: $20M FIAT + 5M DOTs
e Temporary program to kick-start initiatives that are
financially self-sustainable in the long run
Continuous funding through treasury can be an option for being
financially self-sustainable

e Managed and financed by the Web3 Foundation

Decentralised Futures Program 3
Roadmap

Application window

Decision period O

Delivery Reviews, Payouts

Nov23 Mar 24 Jun 24 Jul 24 Dec 24
(now)

Overview

High Flexibility

Flexible regarding focus, e.g. tech, ecosystem
development, community-focused efforts

Flexible regarding license, but Open-Source preferred
Flexible regarding funding mechanism: grants,
investments, service agreements

Flexible regarding funding amounts

Flexible regarding payment: vested DOT, FIAT

Apply — https://futures.web3.foundation
Mandatory Forum Post to be submitted before applying:
https://forum.polkadot.network/c/ecosystem

Decentralised Futures Program 2
Key Metrics

e >$100M requested by =
various teams and projects

e >$10M of funding signed

e Focus: Tech, Marketing, Community
BD, Community so

Ten

Guidelines

Maximize the Probability to get accepted
e Higher % of DOTs as payment: shows alignment with
the ecosystem
e Proven track record: Past contributions &
achievements, GitHub activity (devs)
e Ecosystem Value: Who will benefit and how? (thread
activity, partnerships, value proposition)
e Road to self-sufficiency: Tokenomics, Biz plan,
Income streams, further funding plans (if necessary)

Overview

What it Offers

e Funding through milestone-based grants

e 3 grant levels, based on project scale
Level 1: $10k$
Level 2: <30k$
Level 3: <100k$
e >100k$ possible (with council approval)
e W3F Grants Program badge (Lvl2+), intro to VC's (Lvl3)

for good teams

grants.web3.foundation

Overview

Project Requirements

Technical nature - Development or Research
Deliverables must be open-sourced and must not
rely on proprietary software

High reusability

Must NOT be closely tied to specific business model
Must NOT have had a successful token sale

Must NOT mention any specific tokens

Must NOT be illegal or gambling-related

grants.web3.foundation

Parachain Impact

No Grants
241%

Parachains Grants (Total)

Only incomplete Grants

4 < 9.2%

Only terminated Grants
6.9%

At least a complete Grant

Open RFPs (Request for Proposal)

e RFP := declaration of interest for others to
submit a grant or a treasury application
Most RFPs are created by W3F Grants
But anybody is free to submit an RFP

o Review process by W3F Grants Committee,
similar to grant application process

e https://grants.web3.foundation/docs/rfps

RFP

anticollusion infrastructure. md

bpf-contracts md

formal guarantees for grandpa md

1SO 20022md

parachain validation conformance 1esting.md

polkadot-protocol conformance tests md

sub-consensus.md

yplane-for-substrale-design-and-scope md

user-account-access-analysis.md

Last Updated

29.11.2021

06.01.2023

07.10.2022

31.05.2022

18.01.2023

08.05.2023

23.11.2021

04.03.2023

07.01.2023

20.07.2021

V3F Grants & DF
Open Source Stack

e Layers of technologies building the Layers of Polkadot Stack

ecosystem “
o Wallets, Uls, Tooling, Contracts,
Pallets, Host Implementations, etc.

Maintenance Status

Maintained on the Polkadot Wiki Wallets
Over 300 projects across various =) cS Pa ng
categories

e Actively maintained stack for vanes

developers

Signin wit our Pokadt,

Overview

| Fan ner
Sretum to the treasury of mor than 2M dolls 270,000 S01)
On-Chain Funding
e Submit spending proposals on-chain As = een
e DOT/KSM holders vote on approval = nen)
e Bounties have specialized curators N re
e Capacity: ~$427M (DOT), ~$16M (KSM) ds

Tips for Proposals
e Focus on benefiting the ecosystem

e Clear problem statement and goals a oreo em -
e Detailed milestones and budget Os ar u. mer AS
Source:

hittps://x.com/CryptoCappew/status/17461157113893319507s=20

Overview

Targeted to specific areas
e Initial areas: ZK innovation and PIONEERS
node implementations PRIZE
e Pool size: ~1M $DOT
Governed by curator group

Apply: https://pioneersprize.polkadot.network/

Parachain program:
Overview

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= FOUNDATION

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ABR.
> = (A) Acala

6
Main Funding Avenues Overview = 3
Grants vs. Futures vs. Treasury

USD-
denominated
W3F-managed
open-source
mandatory early Pocs
tech, focus
‘mandatory
treasury- USD & DOT-
funded denominated
temporary
DOT- {for now until

denominated EOY 24) mature,

Intro

o REEL DINE SOLD

Becoming a Parachain

Office hours Runtime-templates Integration recommendations
Persona-based guides Product quides (XCM, (AssetHub, BridgeHub)

(Infra, DApps, Chains) Bridges, Cumulus, Frame, Partner introductions (Eg. Polimec,
Research & Best practices Coretime etc) Tanssi, RegionX, Lastic)

Roadmap, Pitch,

Whitepaper templates

web3 POLKADOT
foundation X ALPHA
grants PROGRAM

Apply now!
Grants: grants. web3 foundation
Decent. Futures: hitps://futur: fe /
Treasury: www.polkadot.network/ecosystem/treasui
Pioneers Prize: pioneersprize/P: -Pioni

Alpha Program: polkadot.network/development/alpha/

Contact

rants@web3 foundation
Office Hours Form
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