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The Graph Foundation Supports Ecosystem Growth with New Wave of Grants

GRT CRYPTO_NEWS

The Graph ecosystem continues to branch out in diverse directions to support the visions of developers, community builders, and innovators. Contributors globally continue to build on top of The Graph, supporting protocol R&D, Indexer and subgraph tooling, developing the subgraph and substream ecosystems, and growing the community. These blossoming projects are further supported by The Graph Foundation’s grants program.

The Graph Foundation is pleased to announce a new cohort of grantees in Wave 7 of the grants program, allocating over $400,000 in grants towards improving the protocol, supporting dapps building on The Graph, creating new tools, and nurturing community growth.

 

This wave also represents a new chapter in decentralizing the grants program itself. While the Foundation still stewards the Graph Grants program today, the pool is expanding with two ecosystem DAOs: Graph AdvocatesDAO and SubgraphDAO, which are maturing to be able to take on larger grants. The Graph AdvocatesDAO, which launched in Q1, focuses on community grants, supporting the ecosystem and taking lead on events, hackathons, translations and community development. The SubgraphDAO is in its early stages, but will focus on subgraph bounties and grants, migration, and continuous subgraph support to the dapp and developer community.

 

In the last wave, The Graph Foundation delegated the responsibility of allocating community grants valued under $20,000 to the Graph AdvocatesDAO, a community-owned and led DAO that enables anyone to contribute in educating and supporting The Graph community. The Graph Foundation also continues to support the community in bootstrapping the SubgraphDAO that will pave the way for a future where subgraph-related grants can be voted on in a decentralized way by builders, maintainers, and users of subgraphs.

 

Decentralizing the grants program is another step towards decentralization and empowering community members the opportunity to enhance The Graph Network with their contributions.

Want to take part in the decentralized grants mission? Find out more about how you can contribute to The Graph ecosystem through the Graph Advocates program!

 

Wave 7 Grant Recipients

In the Wave 7 review process, each applicant was assessed based on their project’s expected impact, community feedback, relative significance and urgency in the ecosystem. All grants are paid in GRT to be used in The Graph Network and to further enable participation in web3.

Check out highlights from the latest wave of grants:

Protocol Infrastructure ~$155K

  • Playgrounds - Subgrounds - $100,000
  • Soulbound Studio - No-Code Subgraph Scaffolder GUI - $50,000
  • LimeChain - Matchstick and Hardhat Plugin Maintenance - $5,040

 

 

Source : thegraph.com/blog/wave-seven-grants/ undefined - November 15, 2022

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