Polygon Funds Web3 Development With $100,000 Pledge to Gitcoin Grants Round 14 

Polygon is donating $100,000 to Gitcoin Grants Round 14 to ramp up the on-going support for new projects building on the Polygon ecosystem. The core team has already pledged $1 million to Gitcoin over five quarterly grants until December 2022 in order to help and encourage the growth of Web3.

Who is eligible

Applications for the Polygon Ecosystem Round are open to anyone who meets the following eligibility criteria:

  1. The Grant must support or directly advance the Polygon community and/or protocol.
  2. The Grant may not have any form of quid pro quo that has financial value (a scenario in which a user gets some additional unique benefit/award in return for their donation)
  3. The Grant owner must be directly affiliated with the project; the funds must go to the project; and the funds must be used for the purposes stated in the Grant’s details.
  4. The Grant should be focused on accomplishing the following for Polygon:
    1. Usability - improving the user experience
    2. Community - growing the ecosystem
    3. Tooling - improving the developer experience
    4. Governance - building tools and enhancements for governance
    5. DApps - applications integrating with and supporting Polygon
  5. The project should not have its own token or have raised VC funding (matching funds are reserved for the aspiring projects!)
  6. The Grant should be open source

Note: There will be a 10% matching cap in this round, meaning the most matching any one grant can receive is 10% of the total pool.

A matching pool of $100,000 will be paid out in DAI. Only donations made during this round will be counted towards the QF distribution of matching funds.

Polygon holds sole discretion on which grants are eligible for matching. All disputes will be processed by the GitcoinDAO Public Goods Funding Workstream, in consultation with Polygon’s round representatives.

The Gitcoin Grants Matching Round 14 uses Quadratic Funding to help Polygon figure out how to distribute our matching pool funds democratically. Interested teams need to submit proposals describing the purpose of their project. Finally, Gitcoin community members get to choose the projects they want to fund. But instead of matching funds 1:1, QF prioritizes the number of unique contributions. 

For instance, if one project receives a single donation of $100 and another receives three donations of $33 each, the second project will take home a larger slice of Polygon’s grant. This way, Gitcoin pushes power away from whales and moneyed actors and ensures they do not attack the funding pool.

Here is the list of projects that are vying for the Polygon grant. Go ahead and show your support.

Follow the Polygon Developers Twitter or connect with the team on Discord for more information on the Polygon Gitcoin Grants Round 14.

Website | Twitter | Ecosystem Twitter | Developer Twitter | Studios Twitter | Telegram | Reddit | Discord | Instagram | Facebook | LinkedIn

More from the Polygon Blog
Green Blockchain Summit 2.0: Agenda at a Glance 

Ethereum’s shift to Proof of Stake consensus, known as the Merge, has dramatically cut Polygon’s carbon dioxide emissions, opening the path to going beyond being carbon negative and toward empowering others to do the same. The conversation has shifted from blockchain sustainability to blockchain as a sustainability solution.  Join us for the second chapter of […]

Read More
Robinhood Selects Polygon to Launch Web3 Wallet Beta

Today, we are thrilled to announce that Robinhood has chosen Polygon as the first blockchain network to support its newly launched Web3 wallet. The Robinhood Wallet beta is now live for 10,000 iOS customers out of 1+ million who signed up for the waitlist in May. Together, Polygon and Robinhood are opening access to decentralized […]

Read More
What Is a zkEVM?

Zero-knowledge (ZK) tech is one of the most prominent and promising paths to scaling Ethereum. One popular use of ZK proofs to scale Ethereum is what’s known as a zkEVM (zero-knowledge Ethereum Virtual Machine). So what is a zkEVM, and how does it help us make Ethereum cheaper and more efficient to use? Understanding the […]

Read More
Polygon-Powered Icetea Labs Accelerator Launches With 6 Startups

Polygon has teamed up with Alpha Venture DAO and Icetea Labs to launch the inaugural Icetea Labs Accelerator Program for blockchain startups.  Working in a tight three-way partnership, Polygon is co-creating an accelerator to funnel resources, mentorship, education, and business acumen to promising Web3 companies from around the world. The startups selected for the accelerator […]

Read More
Apply to Polygon Bootcamp Africa and Kickstart Your Web3 Developer Journey

Applications are open for Polygon Bootcamp Africa, launched in partnership with Xend Finance! The eight-week intensive educational course and hackathon combo will put developers in Africa on the Web3 map.  This is Polygon’s biggest step in providing resources to developers, builders, and creators in Africa, and it comes during an important time.  An internet and […]

Read More
Starbucks Taps Polygon for Its 'Starbucks® Odyssey' Web3 Experience 

Today, we are thrilled to announce that Starbucks Coffee Company is working with Polygon to provide the blockchain technology to build its recently announced Web3 experience, Starbucks Odyssey. As a result of the partnership, this new Web3-powered experience will allow Starbucks Rewards loyalty program members and Starbucks partners (employees) in the United States to earn […]

Read More
PolygonInsights - WEEK39

Hola readers! We announced Polygon Bootcamp Africa, an eight-week intensive educational course and hackathon combo, in partnership with Xend Finance, Polygon-based carbon compensation project Coorest has become the first Web3 initiative to have an officially verified carbon standard, and Quadrata, a passport network bringing the identity and compliance layer to public blockchains, is integrating its […]

Read More
From UDC 2022 to Token 2049: A Week for the Devs in APAC

For Web3 developers in Asia, this week was absolutely packed with must-see events. Polygon was there, showing love for the devs in South Korea and Singapore. Here is a rundown of our devrel outreach. Upbit Developers Conference 2022 Some of the best known blockchain developers in Korea and beyond gathered at this year's Upbit Developer […]

Read More
Polygon-Powered Coorest Earns Web3’s First Certified Carbon Standard 

Polygon-based carbon compensation project Coorest has become the first Web3 initiative to have an officially verified carbon standard. The Coorest Carbon Standard (CCS) is certified by an official UN auditor and is a new benchmark for CO2 compensation that leverages distributed ledger technology to eliminate unfair and opaque carbon offset practices. In partnership with Polygon, […]

Read More