KEY TAKEAWAYS
- The Sei Creator Fund has launched its fifth round with a $250,000 USD matching pool, focusing on video content creation and community engagement.
- Projects must contribute to the Sei ecosystem’s growth through live streaming, product demos, and various video content formats.
- Quadratic Funding is used to match community donations, promoting shared ownership and encouraging smaller contributors.
- Applicants must adhere to ethical standards and demonstrate a strong content strategy and community engagement.
The Sei Creator Fund, a $10 million initiative, has announced its fifth round, featuring a $250,000 USD matching pool. This round is focused on video content creation and community engagement, aiming to support creators building on the Sei platform and contributing to its ecosystem’s growth. Details of the round were announced here.
This round will allocate funds to individuals and projects that contribute to the Sei ecosystem, specifically targeting video content creation and community engagement. The funding amount is set at $250,000 worth of SEI, with an additional bonus pool of 185,000 SEI.
Focus Areas and Application Details
Projects must focus on contributing to the growth and development of the Sei ecosystem within themes such as live streaming, product demos, long-form video content, and short-form content. All content should center on technology, ecosystem developments, and network growth, with financial advice provided only by qualified professionals.
Applications open at 12 PM EST on Monday, January 13th, and close at 12 PM EST on Monday, January 27th. Voting and donations will commence on the Gitcoin Platform at 12 PM EST on Tuesday, January 28th, and the round will close at 12 PM EST on Monday, February 10th.
Eligibility Criteria and Bonus Incentives
Applicants must demonstrate a content portfolio, submit three past videos showcasing previous work, and provide links to these videos. Consistency in content creation, community engagement, and a clear content strategy are essential. The team must show expertise and the ability to execute consistently, with strategies for audience growth and ecosystem support.
The total bonus pool includes 185,000 SEI, with specific incentives such as referral rewards and engagement challenges. For instance, 3,000 SEI is awarded for each referee placing in the top 10, and an additional 3,000 SEI for referring new participants who place in the top 10. The top five creators with the highest engagement will receive 5,000 SEI each.
Quadratic Funding and Community Standards
The Sei Creator Fund employs Quadratic Funding (QF), a crowd-funding mechanism that matches small community donations with a larger central fund. This approach rewards projects based on the number of donors rather than the size of donations, fostering shared ownership and encouraging smaller contributors.
Participants must adhere to ethical and community standards, including prohibitions against hateful content, market manipulation, and providing financial advice without qualifications. Compliance with applicable laws and maintaining positive community interaction are mandatory.
Explore More News:
Disclaimer: The views expressed in this article are those of the authors and do not necessarily reflect the official policy of CoinsHolder. Content, including that generated with the help of AI, is for informational purposes only and is not intended as legal, financial, or professional advice. Readers should do their research before taking any actions related to the company and carry full responsibility for their decisions.
