Introducing Bankless Grants: Empowering Web3 Innovators through Transparent Decentralized Funding

We are excited to announce the launch of Bankless Grants, a groundbreaking grant program that values transparency, integrity, safety and equality.

By enabling everyone with the ability to participate and ensuring equal accessibility fairness when voting on projects that receive grants, Bankless Grants opens doors for all creators, developers, and visionaries from all backgrounds to turn their ideas into reality.What sets Bankless Grants apart is its commitment to our values and principles by practicing them through our grants program. We firmly believe that everyone should have the opportunity to participate and contribute to the decentralized revolution - without bias.

Whether you are an experienced developer or a passionate newcomer, Bankless Grants welcomes you to participate and receive grants.

To participate in Bankless Grants, all you need is ownership of a Bankless Grants NFT. Each NFT serves as your ticket to submit your project proposal for potential funding. Once you own a Bankless Grants NFT, you gain entry to the Bankless Grants Discord Server, where you can submit your project proposal.

By aligning with the Bankless Grants community and holding the NFT, you demonstrate your commitment to the principles of Web3 and become eligible for this unique opportunity.

The overall participation rules are simple and focus on providing support for projects within a safe environment.

Bankless Grants conducts two distinct types of funding rounds to ensure a diverse range of projects receive support. The first funding round is conducted on a monthly basis, allowing Bankless Grants NFT holders to submit one project for consideration. This approach ensures that NFT holders have the chance to share their innovative ideas and receive funding based on merit.

The second funding round occurs quarterly and operates through pooled funds. To participate in this round, Bankless Grant NFT holders will lock up a minimum of 20,000 BANK tokens, with the unlock date . Each 20,000 BANK token donation to the grant pool gives you one project submission and one vote in the selection process. At the end of each quarterly round, the top three projects, as determined by the community votes, receive a share of the pooled proceeds.

We believe in the power of community involvement. In the monthly funding round, anyone can donate to the projects that resonate with them. This means that even if you do not hold a Bankless Grants NFT, you can still contribute and support the projects you believe in, fostering a collaborative environment where everyone has a vote and every vote is created equal.

Bankless Grants aims to provide meaningful support to the selected projects, not only through financial resources but also by fostering mentorship opportunities, networking connections, and exposure to potential partners and investors. We are dedicated to nurturing talent and helping projects flourish within the decentralized ecosystem.

Bankless Grants is an incredible opportunity for you to contribute to the Web3 revolution and make a lasting impact. Whether you're a creator, developer, or simply a passionate supporter, we invite you to join our community, share your ideas, and help shape the future of the decentralized web.

Stay tuned for updates on Bankless Grants, including important dates and additional resources to support you throughout the process. Together, let's build a future that transcends traditional boundaries and embraces the power of decentralization.

Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Please conduct your own research and consult with professionals before engaging in any financial activities.

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