OceanDAO Round 23 Results & Grants Wrapup

CRYPTO_NEWS OCEAN

OceanDAO Ecosystem

 

As mentioned above, this is the final OceanDAO Grants round. We’d like to thank everyone for participating in OceanDAO grants over the last two years: for submitting proposals, for voting, and especially for grant recipients building out the Ocean ecosystem. We appreciate all of you 🙏.

From here on, OceanDAO is going fully decentralized and autonomous. OCEAN that was previously earmarked for OceanDAO Grants now goes to Ocean Data Farming, which gives rewards retroactively every week to community members who added value by staking / curating and driving data consume volume. Oceaners may also apply for grants via Ocean Shipyard, and participate in Ocean Data Challenges.

 

 

Hello, Ocean Community!

 

The OceanDAO is honoured to share the results of round 23, the final round of our community grants initiative:

  •  
  • A total of 256,869 OCEAN was available.
  •  
  • The conversion rate of 0.136 OCEAN/USD.
  •  
  • A final amount of 35,000 USD (at time of the voting deadline) was available for batch grants.
  •  
  • 10,000 USD were assigned to Algovera for their Micro-Grants program.

 

All funds that were not granted will be recycled back into the treasury as part of our initiatives to continue leveraging treasury funds into greater outcomes.

This is the final OceanDAO grants round, as the OceanDAO focus is shifting towards more full automation via Data Farming. DF gives rewards retroactively every week to community members who added value by staking / curating and driving data consume volume. It does this in an objective, scalable fashion.

 

The post “OceanDAO Is Going Fully Decentralized and Autonomous” and the R22 post have details.

Round 23 included 9 first-time projects and 7 returning projects.

Congratulations to all grant recipients! For the full vote results please see the Voting Page. You can also view the expanded proposal details on our Round 23 Ocean Port Forum!

 

 

Source : blog.oceanprotocol.com/oceandao-round-23-results-6896f8d56835?source=rss----9d6d3078be3d---4 by Idiom - November 21, 2022

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