Step 1: Find the Grant That You’re Interested In
On the page of Grant (https://dorahacks.io/grant), you should be able to find all the ongoing (as well as closed/coming-soon) Grants. Click to find more details about the event and the projects that have been submitted.
Step 2: Apply Grant
- If your project is qualified for the Grant, you can proceed to your application by clicking on “Submit BUIDL” on the page of “Grant Details”.
2. When filling out your application, please choose the Grant you’re applying for under “Grant Round”, and connect your wallet. When connecting wallet please note:
- Make sure your wallet has the Network required by the Grant you’re applying for;
- Applying Grant requires interaction with blockchain, so please make sure there’s at least enough balance to pay gas fee.
3. If you’ve already established your BUIDL on DoraHacks before, please choose:
If you are new to DoraHacks, or you want to create a new BUIDL to apply for Grant, please choose “Create a new BUIDL to apply for grant”.
4. Fill in the form to offer the information about your project. For URLs, please give only 1 URL in every blank.
5. Once you’ve filled out everything, click on “Submit”. Please do NOT skip the gas fee, otherwise, your project cannot be submitted successfully.
6. Please contact @dorahacksofficial on Telegram to verify your project. You will be able to see your submitted project on the page when the verification succeeds.
How to update/iterate BUIDL information
Click [Avatar] -> [Profile] to enter the Account Center, and click the "Edit" button on the top right of the BUIDL to update the BUIDL information.
· What is Quadratic Funding? How does it work?
Quadratic Voting is a voting scheme introduced and often discussed in the Radical Markets community. It is often considered an innovative improvement of the traditional 1-person-1-vote or 1-dollar-1-vote voting schemes. The simplified formula on how quadratic voting functions is
cost to the voter = (number of votes)².
Individual community contributors can vote for their preferred projects to push them ahead in the funding round. The votes cost tokens, which are directly donated to the respective projects after the round.
With a quadratic funding algorithm, the cost of each vote to a single project from a single contributor will increase, this encourages community contributors to donate to more projects.
Quadratic Funding was later introduced to the blockchain community by the Gitcoin team by Gitcoin quadratic funding grants. Community members can donate cryptos to new projects to appreciate their effort in building public goods for a specific community. In previous Gitcoin Grants, community members donate ETH to the Ethereum ecosystem projects as community Grants to help them continuously get funded.
To know more about quadratic voting, you can check the Quadratic Funding algorithm by Vitalik Buterin.
About DoraHacks
DoraHacks is a global hackathon organizer and one of the world's most active multi-chain developer communities. Committed to a global hacker movement with around 20K global monthly active users, it provides crypto-native toolkits to help BUIDLers get funded for their ideas and products.
By far, nearly 3000 projects on DoraHacks.io have received over $18 million in prizes and funding from supporters worldwide. 20+ major blockchain ecosystems and dozens of open source communities and DAOs are using Dora's infrastructure for quadratic funding grants, hackathons, community contribution, bounty, and the governance of their communities.