300k Match Pool Funding on Arbitrum One
We’re extremely happy to announce that we’re providing 300k ARB in matching funds for the people/organisations that chose to run rounds on Arbitrum One!
This Matching pool funding is available for projects/people that chose to run their rounds on Arbitrum One leveraging Gitcoins Protocols.
The funds will be rolled out on a first come, first serve basis. We will need to KYC the round or the grantees.
You can Apply Here
About
This program will provide funding to matching pools for rounds which choose to run on Arbitrum One. The goal is to further develop the Arbitrum ecosystem in a plural way by leveraging Gitcoins protocols.
Start Date: 11/1
End Date: Until funds run out
The first programs will run during GG19: 15.11-30.11
Match Level Guidance*
All rounds will be reviewed by me & round managing team. 2nd opinions and disputes by Plurality Labs. Option to have a Snapshot Vote to overturn PL decisions with a delegate sponsor.
Tier 1 - 100% match & 50k ARB max
- Arbitrum specific criteria aligned with our strategy
- Protocols or projects building on Arbitrum
- Ethereum focused Infrastructure and/or Research
Tier 2 - 50% match & 50k ARB max
- Have run a round before
- Ethereum ecosystem protocols
- General public goods(climate, governance, desci,etc)
Tier 3 - 25% match & 10k ARB max
- Have not run a round before
- Ethereum ecosystem protocols
- General public goods (climate, governance, desci, etc)
We want to welcome the future web3 builders to run their rounds on Arbitrum One and we also hope the some proactive Arbitrum DAO members can coagulate and coordinate on hosting rounds focused on developing the Arbitrum DAO itself(Devrel, data, etc)
We’re striving for a credible neutral process in the distribution of these funds, but to ensure that entities will not attempt to farm or tailor rounds just to be eligible for the extra matching that are out of scope or emulate a round just to extract the matching funds we reserve the right to deny certain applications and/or exclude them from the matchings.
The matching funds are part of AIP3-a proposal that has the goal of creating a grant framework for Arbitrum DAO. You can read more about AIP3 and the programs here: