2022-07-19 17:03:02
Take the first step and build a future driven by Data! The @OceanDAO_ Round 20 is now live!
$85,000 USD in OCEAN are available for Web3 data economy projects that will build on Ocean and contribute to its growing ecosystem!
DDL - Aug 2 @ midnight UTC
Round 20 will be geared towards
Biasing to those who engage for the love of doing it. An engaged, diverse community.
Rewards flow to contributors (with OCEAN) who are effective at delivering results.
More efficient capital spending, yet lighter tracking overhead
Approaches to improving OceanDAO
Starting with R21, the main pillar will be retroactive grants only for outcomes already achieved.
OceanDAO will give more space to earlier-stage projects compared to experienced ones, by capping the total funding amount for a project.
Round 20 Changes
Total funding of 75,000 USD (min.)
100,000 USD max. per project in a lifetime
100,000 USD max. per team in a lifetime (not including Advisors)
Funding ceiling per tier
New projects - 3K USD
Existing projects - 7.5K USD (have completed one grant from OceanDAO)
Experienced projects - 15K USD (have completed two or more grants)
In the next Round 21, we will also introduce the following
Retroactive Grants - Projects will apply for grants that fund the outcome of work they did, not plan to do
2 Months Cycle per Round - Total funding of 150,000 USD available
New funding ceilings per tier
You are encouraged to submit proposals early via the Proposal Portal. Note that proposals can no longer be submitted through Ocean Port directly.
Reach out to the Project-Guiding Work Group for more guidance.
https://discord.com/channels/612953348487905282/908016658239610920
For a more comprehensive overview of the details of this round, read the dedicated Round 20 blogpost here:
https://blog.oceanprotocol.com/oceandao-round-20-is-live-a70b0e16639b
https://twitter.com/oceanprotocol/status/1549375356163231744?s=20&t=SBS3jH4oTmJF9B9dOEX09w
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