-Projects can claim the bounty once per year (up to a maximum of 1 million XDC).
-Multi-year funding: Projects seeking funding for over a year should reapply annually, providing proof of progress, especially on-chain data. Exceptional cases may warrant multi-year bounties if the project holds immense value for the XDC Network and community and has proven its success.
Bounty Disbursement Schedule:
Q1: March 31
Q2: June 30
Q3: September 30
Q4: December 31
-Note: Submit proposals at least six weeks before the quarter's end for consideration in that period; late submissions will shift to the next quarter.
-A verified (KYCed) XDC address is mandatory for bounty disbursement.
-Claim your bounty under "Community Support bounty" at the XinFin Bug Bounty Program, Airdrop for community contributor page: https://xinfin.org/bounty.
-Rules, bounty amounts, and legal guidelines can change without prior notice.
-Jury members, who may be affiliated with XDC entities, cannot apply or receive any bounty.
Decentralization and Community Participation:
-Initially, only five projects will participate in this decentralized process. Subsequent adjustments may result from feedback from the community, core team, and jury.
-Onchain voting will be implemented soon.
-The XDC community can suggest jury members. Proposed profiles will undergo thorough evaluations by legal teams, founders, and existing jury members to ensure they are apt for the role and have significant stake in the XDC network.
-Propose and submit budgets at XDC.DEV. Access the Request for Proposal (RFP), which must be completed by all applicants, here: https://docs.google.com/document/d/1ibxDgd2zYOXIjuWt9KjjCHExAcloEexPXgQWt-hb6Tc/edit?usp=sharing. (Also copied in full below).
-Successful projects must secure the approval of 5 of the 6 initial jury members.
-Positive funding outcomes necessitate at least one demo call with the members listed below:
Dustin Sebell - Neutral Community Voice
Matthew Weisenthal - XDC Foundation
Can Inac - XDC.EU GDCE
Rebecah Dausen - TradeFinex.org
Tadashi Yoshida - XDC Japan
Sean White - XDC Australia
-Garner community support by promoting your proposal on XDC.DEV, Linkedin, Twitter, and other XDC community channels or social media platforms.
Grant Application for XDC Network Development and Enhancement
The XDC Network is seeking proposals from qualified individuals and teams to undertake projects that will contribute to the improvement and evolution of the XDC ecosystem. The details of the application are outlined below.
II. Applicant Details:
Email Address: For all future correspondences.
Please provide detailed information about yourself and your team. This should include qualifications, resumes, and especially past crypto work experience.
State if you and your team will be solely dedicated to this project during the active grant period or if you will have other concurrent work obligations.
III. Grant Application Details:
Applications and integrations
Committees, sub-committees, and DAOs serving the XDC ecosystem
Community service (marketing and education)
Events and hackathons
Provide a detailed description of your project. Relevant links and materials such as websites, Twitter, GitHub, etc. should be included.
Project Goals and Aspirations:
Explain how, if funded, your project will enhance the XDC Network.
Discuss similarities and differences between your project and existing projects on the XDC or other networks.
State the current status of your project.
Detail the milestones and benchmarks of your project, specifying when you expect to meet each of them and how much funding you require at each stage.
If applicable, provide anticipated user-growth metrics with a timeline.
Specify the amount of XDC you're requesting. Offer a detailed justification for this amount and describe its allocation. Mention any other funding sources you've secured or have set aside.
Indicate if you'll need to liquidate XDC to support your project and specify the amount and reasons. If liquidation is required, mention if you can use FXD or an UpHold or Kinesis credit card.
Describe how your project will become self-sufficient. Highlight potential revenue streams or income sources, and list any expected additional operating costs.
Provide your legal status and state if your project is incorporated. If so, where? Specify the recipient of the funds if your proposal is accepted.
Reflect on what further details you'd like to share about yourself or your project.
IV. Proposal Submission:
Positive decisions will be made quarterly: on March 31, June 30, September 30, and December 31.
All positive funding decisions will require at least one demo call with the jury.
V. Evaluation Criteria:
Proposals will be evaluated based on feasibility, potential impact on the XDC Network, team qualifications, budget justification, and sustainability plans.
VI. Additional Notes:
If you have any queries related to this RFP or need further clarification on any point, please reach out.
We look forward to receiving your proposal and exploring the potential ways we can enhance the XDC ecosystem together.