2022/01/25-2023/04/13 15:59 UTC
BNB Grant Round-3
Tracks of open funding in this round
DAOs / Communities
Public Goods (Web3 Infra & Tooling)
Crypto Twitter & Social
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 3 is open for application from Jan 25th to Mar 25th and will hold its community voting round from Mar 23rd to Mar 31st. Round 3 offers a total grant 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 3rd round goes from Jan 25th to Mar 25th, 2023.
Submission Period: Jan 25th, 2022 to Mar 25th, 2023
Judging Period: Mar 25th to Apr 1st, 2023
Grantees Announced: Apr 3rd, 2023
Community Voting: Apr 3rd to Apr 13th, 2023
Grace Period for Anti-Sybil Attack Check: Apr 14th to Apr 18th
Result Announcement: Apr 18th
Projects built on ALL chains can apply for Revelation hackathon. We have 7 tracks to accommodate projects of ALL kinds.
The total grant pool is divided into BUIDLer grants($20,000) and community quadratic funding grant pool($10,000).
BUIDLer’s Grants: $20,000
The grant winners are selected according to judges’ scoring results.
Community Quadratic Funding Grant Pool: $10,000
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 grant 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 grant you can potentially hunt for:
*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.
Discord is a place we prepared for BNB BUIDLers to play and connect. Join us at https://discord.gg/gKT5DsWwQ5
In Round 3, 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 grant 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/
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.
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