Web3 Foundation grant program reaches milestone of 300 projects

In our quest to steward and support the teams building the decentralized Web, we’ve just reached another important milestone: a total of 300 projects have been signed through our grant programs. As previously with the 100 and 200 grant milestones, we’d like to take this moment to share some insights into what’s happening behind the scenes.

Since launching the grant program in December 2018, we have received a total of 840 applications, of which 302 were accepted. To date, 143 teams have already completed their projects and 212 have successfully met their first milestone. See the full list of accepted applications here.

Gráfico de círculos mostrando la cantidad de proyectos postulados, completados t aceptados. Gráfico de círculos mostrando la cantidad de proyectos postulados, completados t aceptados.

Project areas

The projects funded to date cover all layers of Web3 technology. Almost half cover runtime modules and development tools. The rest include wallets, UI development, tools, cryptography, bridges and more.

Gráfico de torta de las áreas de proyectos financiadas Gráfico de torta de las áreas de proyectos financiadas

The teams are working on a wide range of decentralized use cases. These include digital identity and privacy, IoT, gaming, data warehousing, and finance, among others.

Grants just got easier

Those of you who have been following us for longer will remember that we’ve had two different grant programs for a while, now General Grant and Open Grant.

The introduction of the Open Grant program was intended to introduce an easy and transparent way for teams to get funding. Apps and milestone submissions would be transparently discussed and accepted on GitHub, and payments would be made in cryptocurrencies. And, in fact, this concept turned out to work so well. that we found ourselves receiving the vast majority of applications through Open Grant, as you can see in the chart below.

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Gráfico de barras de las aplicaciones por programa y por mes Gráfico de barras de las aplicaciones por programa y por mes

So, we decided to remove the overhead of having to decide between the two programs in the first place and merged them into one, keeping the best of both worlds.

We now offer recurring grants tracked transparently on Github and disbursed in cryptocurrencies, while also allowing payments in fiat and private apps, all through a single repository. The full application process is described here.

To scale the grant program and keep the process fluid, we allow external milestone evaluations. See here for more details.

For more information about the grants program, visit web3.foundation/grants or go directly to our GitHub repository.

We also have Element channels for real-time discussions about Web3 and Polkadot:

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