Polygon is pledging $100,000 to the Gitcoin Grants Round 13 as part of the continued efforts to support upcoming projects building on the Polygon ecosystem.
The latest Gitcoin grants round kicked off on March 9 and runs through March 24, 2022 with Polygon as one of the biggest contributors. The Polygon team has committed a total of $1 million to Gitcoin over five quarterly grants rounds through December 2022 continues to encourage and actively contribute to the developer community building the foundations of Web 3.
What to build
Some focus areas to keep in mind:
To be eligible for the grant, your project needs to fulfill the following key eligibility factors:
To create a new grant and get it approved for matching from Polygon’s pool:
Note: Grants are only eligible to receive contributions after approval. Grants need to be approved for listing on the Gitcoin decentralized funding platform, and the Polygon tag is subject to review and removal if eligibility criteria are not met.
To update an existing grant and receive matching from this pool:
Note: The Gitcoin team will verify that your grant qualifies based on Polygon’s eligibility policy. If eligible, your grant will be included in the round. Please allow 48-72 hours for this to be reflected.
The Gitcoin Grants Matching Round 13 uses Quadratic Funding, which is the mathematically optimal way to fund public goods in a democratic community. With QF the number of contributors matters more than the amount funded, giving power to the majority and not the wealthiest.
The matching pool will be $100,000 and paid out in DAI. Only donations during this round from March 9th to March 24th, 2022, will be counted towards the QF distribution of the matching funds.
Register for Building Web3, a series of talks about the future of Web3 hosted by Polygon. The first installment is scheduled for March 17 and will feature speakers from Sequoia Capital India, Republic, Animoca, Variant Fund, Dune Ventures, and Kevin O’Leary. Keep up with the latest Polygon news on the blog!