All You need to know about the Cudos Foundation Grant program.
Cudos recently announced the launch of CUDOS Foundation to boost the adoption of CUDOS blockchain, support the long-term growth of CUDOS ecosystem & decentralised Compute Platform adoption with various initiatives which include CUDOS Foundation Grant program. In this article you will find all you need to know about Cudos foundation Grants.
Overview of Grant Program
The CUDOS Foundation grant program is an initiative to fund the creators & developers of the community to boost the adoption of CUDOS ecosystem development, projects which are developing sustainable projects on Cudos or want to build on CUDOS are eligible to apply under the program. In addition to funds, projects will also have access to team guidance, mentorship for the future of their projects, resources & ecosystem connections with large partnerships of CUDOS.
Types of grants
CUDOS foundation grants are divided in three types which are Developers, Startups and community & education. Under these three types of grants CUDOS offers all types of creators and builders to look out for CUDOS grants.
if you are building developer tools, open-source components, and other utilities that support the development of the Cudos blockchain then you are welcome to apply in this category.
Here are few examples where you have higher chance of acceptance 👇
If you are building an application on top of CUDOS blockchain which can boost the adoption of CUDOS blockchain then you are welcome to apply in this category
Here are few examples where your chances of acceptance is higher👇
Community & Education Grants
if you are running initiatives to boost the education about Cudos ecosystem in regional or global community then you are welcome to apply in this category
Here are few community-centric grants where you can apply for higher chance of acceptance 👇
- Academic Research
- Community Development Initiatives (events, regional meetups, competitions, online webinars, ambassador programs, hackathons, etc.)
- Documentation (developer and non-developer tutorials, guides, FAQs)
- Policy Advocacy
- Social Impact-driven Initiatives
Key area of interests
As the crypto is a fast moving space where new trends are coming every year or sometimes in a few months there are few key areas of interest where the chances of receiving grant is high although each and every grant application is thoroughly processed.
Here are the few key areas of interest 👇
Things to keep in Mind before applying
If you are interested in applying in any of above mentioned categories or you have your unique application you should keep few things in mind before applying into the program
- Try to provide genuine data sources when referring your project
- Be honest with what you claim or saying in the application
- Your thought process of building or creating something should be progressive or should be considered thinking about Future
- Provide data which are necessary when asked while submitting an application.
Timeline & Grant amount
CUDOS foundation team goes through each application which requires extensive research before moving ahead with any application that’s why any application can take time more than 4–5 weeks to finalize the application if your application is accepted the payment takes a few extra weeks to process.
Grant amount successfully applicants will receive varies from category to category and need of the applications but it can be anywhere in the range of $5,000 to $250,000 of grant funding in Cudos tokens.
Cudos Foundation grant program is designed to support the Cudos ecosystem, if you are a believer in the greater Cudos ecosystem & you think your idea can bring value to the ecosystem then there is a chance that you will receive the grant but there’s no 100% guarantee that you will receive the reward. So if you didn’t receive the grant keep building your product and improve it and apply it again that will increase your chances on receiving a grant.
Cudo Ventures, also known as Cudos, is powering the metaverse bringing together DeFi, NFTs, and gaming experiences to realise the vision of a decentralised Web3, enabling all users to benefit from the growth of the network. We’re an interoperable, open platform launchpad that will provide the infrastructure required to meet the 1000x higher computing needs for the creation of fully immersive, gamified digital realities. Cudos is a Layer 1 blockchain, and Layer 2 community-governed compute network, designed to ensure decentralised, permissionless access to high-performance computing at scale. Our native utility token, CUDOS, is the lifeblood of our network and offers an attractive annual yield and liquidity for stakers and holders.
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