Wednesday, February 19, 2025

Radix Ecosystem Fund Revamps Grant Process for 2025 to Enhance Growth and Efficiency

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KEY TAKEAWAYS

  • The $250 million XRD Radix Ecosystem Fund has significantly supported over 70 projects, enhancing the Radix ecosystem with secure and innovative dApps.
  • In 2024, the fund awarded 67 grants, distributing nearly 20 million XRD to projects that met specific criteria, establishing a strong foundation for future growth.
  • For 2025, the Radix Ecosystem Fund is streamlining its grant process to focus on revenue-generating projects and optimize operational efficiency.
  • The Foundry Program continues to offer $250,000 investments to standout projects, aiming for one investment per quarter.

Since its inception in early 2024, the $250 million XRD Radix Ecosystem Fund has played a crucial role in advancing and supporting builders within the Radix ecosystem. Over 70 projects are currently live on Radix, with developers creating secure, innovative on-chain decentralized applications (dApps) across key decentralized finance (DeFi) categories, including decentralized exchanges (DEXs), lending markets, dashboards, and NFT marketplaces.

From January to November 2024, the Radix Ecosystem Fund awarded 67 grants, averaging $12,000 each, and distributed nearly 20 million XRD to projects that met their grant criteria. This initiative has established a strong foundation for the fund, aligning with the expected allocation rate.

Streamlining Grant Processes for 2025

In response to advancements in the ecosystem and lessons learned over the past year, the Radix Ecosystem Fund is making adjustments for 2025 to better support the next phase of growth and optimize operational efficiency. The revamped grant process aims to reduce administrative costs and ensure the judicious use of funds.

The new process will streamline grant stages, focusing on teams launching their initial applications on the Radix Mainnet. Applications must enable target users to complete necessary actions for dApp functionality, such as listing and buying items in a marketplace. Additionally, market data should demonstrate the demand and growth potential of the application within the DeFi ecosystem. If similar projects exist, the application must highlight unique selling propositions (USPs) and market opportunities.

Focus on Revenue-Generating Projects

The updated criteria will prioritize dApps and projects that show existing demand, generate revenue, or have a clear revenue generation path. The focus is on enhancing DeFi activity on Radix and demonstrating a path to future project sustainability, rather than relying solely on future grants.

As part of the changes, MVP Booster and Refine Boosters are discontinued, reflecting a shift towards projects with full functionality due to the growing number of high-quality dApps already active on Radix. Milestone rewards will no longer be standalone; future grants will integrate these achievements into the Ecosystem Booster criteria.

The Foundry Program remains active, offering established teams a $250,000 investment opportunity. The ecosystem fund expects to make up to one investment per quarter in standout projects via the Foundry Program.

Developers building tooling, libraries, or APIs that do not meet the outlined criteria but are beneficial for the Radix network or ecosystem are still welcome to apply on a case-by-case basis. More details on the changes can be found 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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