Monday, December 23, 2024

Cartesi Launches Wave 2 of Grants Program with $500,000 Budget

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KEY TAKEAWAYS

  • The Cartesi Grants Program launches its second wave, offering up to $500,000 in CTSI to support innovative projects within its ecosystem.
  • Wave 2 introduces ‘Intents,’ a strategic framework to align community efforts with medium-term objectives, enhancing focus and success.
  • The program runs for six months, with applications accepted on a rolling basis through Request for Proposals and Community Proposals.
  • Community initiatives like DevDrop and VoterDrop encourage broader participation, offering rewards for referrals and voting on proposals.

The Cartesi Grants Program has announced the launch of its second wave, offering up to $500,000 in CTSI to support innovative projects within its ecosystem. This initiative follows the success of Wave 1, which empowered six grantees with a total funding of $191,000, leading to significant advancements in decentralized applications (dApps) like DCA.Monster and Drawing Canvas.

Wave 2 introduces ‘Intents,’ a strategic framework designed to align community efforts with medium-term objectives. These Intents have been reviewed and approved by the Cartesi community, aiming to enhance focus and success across the ecosystem.

Program Details and Application Process

The Cartesi Grants Program Wave 2 will run for six months, accepting applications on a rolling basis. The program is milestone-based, ensuring that projects align with the Intents. Developers and teams can apply through two main pathways: Request for Proposals (RFPs) and Community Proposals.

RFPs are missions proposed by Cartesi core units and the community, inviting proposals for high-impact work that addresses specific ecosystem needs. Community Proposals allow members to propose their own ideas with actionable steps to achieve the program’s Intents.

To get involved, applicants should review the Wave 2 Intents, explore available RFPs, or submit their own ideas. Resources and documentation are available to strengthen proposals, and support is provided by the Grants Council through the Cartesi Discord.

Opportunities for Broader Community Involvement

The Cartesi Grants Program encourages broader community participation through initiatives like DevDrop and VoterDrop. DevDrop allows individuals to refer applicants and earn $500 in CTSI if their proposal is approved. VoterDrop offers a chance to win $100 in CTSI by staking CTSI and voting on Community Proposals on Snapshot.

Additionally, community members can submit RFP proposals to the Governance Forum and participate in governance by voting on proposals. This engagement helps shape the future of the Cartesi ecosystem.

For more information on the Cartesi Grants Program Wave 2, visit the official announcement here.


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.
Neel Kapoor
Neel Kapoor
Neel Kapoor is a dedicated cryptocurrency enthusiast and blockchain expert at Coinsholder.com. With over a decade of experience, Neel offers insightful analysis and commentary on the latest trends and innovations in the crypto space. His clear and concise writing makes complex topics accessible to all readers.

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