KEY TAKEAWAYS
- Sei has partnered with Gitcoin to launch a $10 million Creator Fund, supporting developers and creators with resources, mentorship, and financial backing.
- Throughout 2024, the Creator Fund supported 515 builders with $1.3 million in funding, focusing on developer tools, NFT projects, and ecosystem growth.
- Sei’s fifth funding round, starting January 13, 2025, will distribute $250,000 in SEI, focusing on video content creators to enhance the Sei ecosystem.
- Gitcoin’s Quadratic Funding approach has enabled community participation, with 20% of Sei’s funding pool matched by community contributions.
In April 2024, Sei partnered with Gitcoin to launch a $10 million Creator Fund aimed at supporting developers and creators through resources, mentorship, and financial backing. This initiative underscores Sei’s commitment to community-centric development, which has already yielded significant results.
Throughout 2024, the Creator Fund supported 515 builders with $1.3 million in funding across four targeted grant rounds. These rounds focused on diverse areas such as developer tools, NFT projects, and ecosystem growth, positioning Sei as a leader in empowering creators and developers.
Quadratic Funding and Community Engagement
Gitcoin’s Quadratic Funding (QF) approach has been instrumental for Sei, allowing the community to actively participate in shaping the ecosystem. Notably, 20% of Sei’s funding pool was matched by the community, demonstrating strong community conviction in the projects being funded. For every $100 invested by Sei, the community contributed an additional $20, highlighting their commitment to the funded initiatives.
For a deeper dive into Sei’s 2024 grants and their transformative impact, check out this detailed case study: Lessons from Sei’s Grants Campaign.
Introducing Round 5: Amplifying Video Content
Launching on January 13, 2025, the fifth round of Sei’s Creator Fund will distribute $250,000 in SEI through a matching pool, complemented by an additional $185,000 in SEI bonus pool. This round focuses on video creators, inviting them to shape Sei’s narrative through compelling content.
Key details for this round include a matching pool of $250,000 in SEI, with an application period from January 13, 2025, to January 27, 2025. The voting period will run from January 28, 2025, to February 10, 2025. Projects must focus on contributing to the growth, development, and enhancement of the Sei ecosystem within themes such as livestreaming, product demos, and short-form content.
The bonus pool breakdown includes $60,000 SEI for referrals, $25,000 SEI in engagement challenges, and surprise rewards to encourage creativity, engagement, and collaboration. This bonus pool ensures that all participants have the opportunity to shine through networking, content excellence, or driving community interaction.
How to Apply for Round 5
Interested video creators can apply by creating a Builder Profile on Gitcoin and viewing details on the application page. Engaging with Sei’s community and garnering support is also encouraged to promote projects effectively.
Sei’s Creator Fund is not just about distributing funds; it’s about building a thriving ecosystem where developers and creators can thrive. Whether you’re a seasoned video creator or just starting out, this round offers an opportunity to make a mark and contribute to Sei’s dynamic and growing community.
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