With over 2.4 billion CFX in rewards, Conflux Network is pleased to announce the launch of its Conflux Ecosystem Grants Program!
The Conflux Ecosystem Grants Program aims to fund entrepreneurs, engineers, and evangelists who have the vision to catapult innovations in software development, research, education, and community building for the Conflux Network ecosystem.
The grants program application process will be launched in waves.
In the first wave, Conflux is looking to support submissions that are focused on supporting infrastructure tools for developers to build highly scalable products and DApps that drive the innovations and augment the composability of its technology stack to bring more users and developers to the decentralized world. The categories interested in funding through this grants program are mentioned below.
Tools and Infrastructure
Development tools and infrastructure components that will make the Conflux Network easily accessible and composable.
Development Environments like frameworks, IDEs, and security tools to attract existing developers to build on Conflux and tools that bridge the gap for new programmers to become blockchain developers
Blockchain Bridges to other established networks for asset and state transfers and facilitate the interoperability and cross-chain composability of blockchains that are crucial to the growth of Web3
Oracles for prices, identity, land management, intellectual property, etc. that are a key component in facilitating the transition from Web2 to Web3 and a critical link to real-world information
Mobile Development tools like SDKs, Key Management, Wallets, and others that can put blockchain applications on devices across the world in a safe, secure, and reliable manner
Token standards for NFTS, RFTS, fungible token equivalents, presenting novel ways of tokenizing assets or information, with the potential to form methodologies and standards that can be applied to various use cases
With over 2.4 billion $CFX ($240M) in rewards, our Ecosystem Grants Program serves as our latest initiative to seek out the most innovative #developers and projects as we continue to build out the future.
DApps to drive user adoption, liquidity, and composability on Conflux Network.
DEXs for Swap/AMM (Automated Market Making), perpetual swap (futures), leverage trading, exotic derivatives (options and synthetic assets) that will be crucial for next-generation DeFi and grow our DEX ecosystem through new types of exchanges and swappable assets
Token projects likenon-USD Stablecoins, Cross-chain BTC, ETH, Gold custodian backed tokens, others backed by different assets in order to diversify the economic activity on Conflux Network
Payment channel on Conflux with USDT (or other Stablecoins) for micropayments and settlement scenarios like gaming, tipping, gifts, etc. by leveraging our super-low transaction fees and fast confirmation time, reducing the barriers of adoption
Identity Solutions like Decentralized ID, user control data exchanges, automated KYC that are integral to create new applications for broader adoption of the Web3 space
Lending & Borrowing platforms as they are powerful components of our growing DeFi ecosystem that will give users the ability to lend and borrow, and grow their assets
Grant Funding Tiers
The projects applying for grants are eligible for funding of up to $50k based on the grants category, market potential, and alignment with the Conflux Network’s vision. The grant amounts mentioned below are in USD and the funds will, subject to eligibility and the terms and conditions of the Program, be disbursed in CFX post full Mainnet launch.
Tier 1 – Grant amount up to $15k per project that can be completed in 0-2 months
Tier 2 – Grant amount up to $50k per project that can be completed in 2-6 months
The approval process for Projects applying for Tier 1 grants is faster than projects applying for Tier 2.
Preference will be given to projects that are not planning on having 100% of their early-stage funding covered through the Conflux Ecosystem Grants.