This is a summary of key budget information for R14
Funding Amount
There is 200,000 OCEAN in grant funding available in Round 14.
Funding Tiers
To incentivize completion and outcomes we are continuing Funding Tiers , which can be achieved by Teams delivering on their grant promises.
The funding tiers are:
- New Project
- Funding Ceiling: $3,000 USD
- Requires: No one in your project has ever received a grant from OceanDAO. Open to all.
- Benefits: Earmarked. Receive feedback during the application process. Introduced to related projects. Receive support during voting.
- Existing Project
- Funding Ceiling: $10,000 USD
- Requires: You have completed 1 or more grants.
- Benefits: Same as above. Receive promotion via Newsletter, Twitter, and other channels. Receive support during voting.
- Experienced Project
- Funding Ceiling: $20,000 USD
- Requires: You have completed 2 or more grants.
- Veteran Project
- Funding Ceiling: $35,000 USD
- Requires: You have completed 5 or more grants.
Earmarks
“Earmarks” means that there are funds available exclusively to the first three groups listed below, without having to compete. For example, New Teams (Outreach) have 12,000 OCEAN available without having to compete against other projects. Beyond that amount, they have to compete.
- 24,000 OCEAN for New Teams (non-outreach category)
- 12,000 OCEAN for New Teams (outreach category)
- 30,000 OCEAN for Core Tech Initiatives (listed below)
- 134,000 OCEAN for remaining General Grants
A total of 200k OCEAN is available.
Grant Funding Categories
- Building / improving applications or integrations to Ocean
- Community or developer outreach (grants don’t need to be technical in nature)
- Unleashing data
- Building or improving core Ocean software
- Improvements to OceanDAO itself