Decentraland has introduced the first iteration of its visionary “Community Grant” program. A DAO-based funding initiative designed to help developers make their mark on the metaverse.
The newly-launched enterprise makes $MANA available to anyone with a grand idea to improve the platform, but is lacking the funds to put it into practice. Having been on the table for some time, Decentraland has now streamlined its interface and decluttered its DAO voting process in order to get the program off the ground.
Now live on the platform, you can apply for funding for your decentralized project. The initial offering sees four categories, and three tiers of grants ready to support prospective endeavours. Currently, the maximum grant on offer is $5,000, but expect the system to evolve as more projects jump onboard.
For starters, the grant will fund small projects for people with a vision to add true value to Decentraland. The DAO will vote on each project individually within a voting period of seven days, where a VP count of 1 million in favor is required for approval. Once approved, Decentraland will issue funding within one week.
To apply for a grant, head to the “Submit Grant” page of the Decentraland website, log in and complete the Grant Request form. For an idea of what is expected, view the Active Proposals for some inspiration.
Learn more about the Decentraland community grant >> Here
Find guidance on completing the perfect proposal >> Here
Submit a grant to for consideration >> Here
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Decentralised human, Explorer, Adventurer.