BNB Grant DAO series goes to its 2nd round!

From BNB Grant Round 1 ‘Revelation Hackathon’, 216 BUIDLer teams were funded with over $10 Million by our amazing community and sponsors. (check out the judge’s select collection) Now, it’s time to expand the boundaries and get prepared to join the latest round of BNB Grant DAO.

BNB Grant Round 2 is open for application from Nov 28th, 2022 to Jan 9th and will hold its community voting round from Jan 12th to Jan 21st. Round 2 offers a total prize pool of $30,000 plus unlimited community direct contribution.

Let's leverage BNBChain’s tech stack and ecosystem to build next star project!

BNB Grant DAO is a Long-term Funding Program that is always open for application , but application review and fund distribution will happen periodically in sequential rounds. The 2nd round goes from Nov 28th, 2022 - 11th Jan, 2023.

Dates and Timing

Submission Period: Nov 28th, 2022 - 9th Jan, 2023

Judging Period: 9th Jan, 2023 - 11th Jan, 2023

Winners Announced: 11th Jan, 2023

Community Voting: 12th Jan, 2023 - 21st Jan, 2023

Grace Period for Anti-Sybil Attack Check: January 21st to January 25th

Result Announcement: January 25th

You have a reason to join BNB Grant Round 2

• $30,000 in prizes and more fundraising opportunities, plus community direct contribution.
• Make connections with multichain BUIDLers, top crypto companies and ventures.
• Huge visibility via DoraHacks website and live project demo sessions; Winners will also get media coverage and interviews!

Tracks and Eligibility

Projects built on ALL chains can apply for Revelation hackathon. We have 7 tracks to accommodate projects of ALL kinds.

1. Crypto Twitter & Social
2. Metaverse/Gaming/Music/NFT
3. DeFi
4. Public Goods (Web3 Infra & Tooling)
5. DAOs / Communities
6. ZK projects - zero knowledge
7. Frontier technology

Grants

The total grant pool is divided into BUIDLer prizes($20,000) and community quadratic funding grant pool($10,000).

BUIDLer’s Grants: $20,000

The prize winners are selected according to judges’ scoring results.

• First Grant: $2,000
• Second Grant: $1,000
• Rising Star Grant: $500

Community Quadratic Funding Prize Pool: $10,000

• First Grants and second grants winners will enter the community quadratic voting round.

The grant pool in $10,000 will be distributed based on quadratic funding algorithm, namely the popularity of the grantee projects. The more the voters, the bigger matching prize the project will earn. Meanwhile, all the cost of voting will be sent to the project directly as community funding

*In this voting round, vcDORA will add weight to your votes when you have more than 2 vcDORA.

So the total prize you can potentially hunt for:

• $2000/1000/500 in BUIDLer’s Grants
• Plus Quadratic funding matching grants ($10,000 in total)
• Plus Community contribution from supporters (in BNB, not limited)

*Due diligence will be conducted on the eligibility of every round grantee from BNB Grant DAO. DoraHacks reserves the rights of any revocation/adjustment of the grants.

Join BNB BUIDLer Community

Discord is a place we prepared for BNB BUIDLers to play and connect. Join us at https://discord.gg/PCdeK2nfwh

• Latest news/notifications of Revelation Hackathon will be posted via this server.
• Judges, sponsors, investors, and more Web 3 companies will be invited to join at the same time. Network and find your opportunities!

Sponsors

(TBD)

Getting Started

• Application Guide: https://dorahacks.io/bnb/2/guide
• BUIDL Community Guidelines for Grant and Hackathon Participation: https://dorahacks.io/blog/buidl-community-guidelines/

How Community Will Vote

In Round 2, the results of community voting via $BNB are based on quadratic funding algorithm. When a project is popular among the voters, it’s more likely to get more matching funds from the prize pool.

Besides, vcDORA will add weight to your votes when you have more than 2 vcDORA.

More details of guidance will be release before voting round starts.

To know more about Quadratic Funding and how DoraHacks has improved it, please check out the article: https://hackerlink.io/blog/guides/what-is-quadratic-voting-funding-how-did-we-improve-it/

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 DoraHacks is a global hackathon organizer and one of the world's most active multi-chain Web3 developer platforms. It creates a global hacker movement and provides crypto native toolkits to help developers around the world team up and fund their ideas and BUIDLs via hackathons, bounties, grants, grant DAOs, and public good staking. By far, more than 3000 projects from the DoraHacks community have received over $20 million in grants and other forms of contributions from supporters worldwide. A large number of open source communities, DAOs, and more than 40 major blockchain ecosystems are actively using Dora's infrastructure (DoraHacks.io) for open source funding and community governance.

About BNB Chain

BNB Chain is a community-driven, decentralized and censorship-resistant blockchain, powered by BNB. It consists of BNB Beacon Chain and BNB Smart Chain (BSC), which is EVM compatible and facilitates a multi-chain ecosystem. Through the concept of MetaFI, BNB Chain aims to build the infrastructure to power the world’s parallel virtual ecosystem. For more information on BNB Chain visit https://www.bnbchain.world

Useful links

DoraHacks Twitter: @DoraHacks

Discord: https://discord.gg/gKT5DsWwQ5

Blog: https://dorahacks.io/blog/

Telegram User Support: https://t.me/hackerlinkofficial