VeChain Foundation

©2019 by VeChain Foundation

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FOUNDATION GRANT

Funding support for projects that benefit the VeChain ecosystem

 Up to 30K USD 

ABOUT

VeChain Foundation grant provides funding support for projects that add sustainable value to the VeChain ecosystems. Projects building blockchain applications, developer tools and infrastructures are all eligible for applying for the grant

The grant is designed to fund community projects or startups who typically do not have sufficient funding sources, and it aims to help build your technology and capacity for the next stage

HOW DOES IT WORK?

If a project is accepted, a grant of 3K - 30K USD in VET will be allocated based on the assessment of its technical and social merits, while exceptions can be made in individual cases. The grant is typically paid in tranches based on mutually agreed milestones

Grant Criteria

Projects benefit the whole VeChain ecosystem rather than one single entity

Projects use the blockchain technology to solve real world economic problems and create business value

Projects focus on improving user experiences and target at the broader mass beyond the crypto community

Projects create open source infrastructural solutions and developer tools that benefit other ecosystem builders

Projects contribute to the VeChainThor public blockchain code base for enhanced security, scalability and interoperability

Notice

Projects that deemed as not ready for the grant from product and team perspectives may be deferred to the idea boost bounty, and projects can re-apply at a later stage

Projects raised funds through a token sale or are currently seeking investments are not eligible, however, we do not limit project's option to do token sale or fundraising in the future

The grant does not construct any official endorsement from VeChain to the developed application, its team, or the security related to the use of the application

APPLICATION PROCESS

Step 01/

Submit your grant application

Step 02/

Preliminary evaluation

Step 03/

Reach out for interviews

Step 04/

Milestone setting

Step 05/

Final evaluation notification