πŸ’ΌMerit Circle grants

Contribute towards the development of the MC Ecosystem

The Merit Circle Grants offers enthusiastic MC Ecosystem builders a chance to pitch in and help contribute towards the development of the MC Ecosystem.

The idea of this program was born out of a response to the overwhelming amount of interest shown by community members in developing the MC Ecosystem. With such an international group of backers, members and project founders; we noticed the large pool of untapped skills and expertise that was waiting to be unleashed.

The grant program is ran through the MC Ecosystem purpose trust structure, that has as a purpose to accelerate and further the growth of the MC Ecosystem.

What kind of grants are there?

The grant program offers two types of grants that are currently available;

  • Research grant - Max $10,000 per applicant

  • Development grant - Max $25,000 per applicant

How do I apply for a grant?

Applications for the Merit Circle Grants are handled through Wonderverse.

To apply for a grant, please follow the steps below;

  1. Create an account at --> wonderverse.xyz

  2. Join Merit Circle as an organization --> https://app.wonderverse.xyz/organization/merit_circle/home

  3. Head over to the 'Grants' category to view the available grants --> https://app.wonderverse.xyz/organization/merit_circle/grants

  4. Chose between the Research grant or the Development grant, enter your application and submit once you're ready.

After your application is submitted, the Grant Committee will internally take a moment to review and discuss further steps.

Who votes on the applications for the grants?

We have formed a Grant Committee consisting of the following community members responsible for approving or rejecting grant proposals.

  1. Sad Cat Capital (Consistent DAO Contributors)

  2. CitizenX (Investors)

  3. Giga (DAO Research firm)

  4. Orange Pill

To ensure a decentralized view and a fresh pair of eyes every now and then, Grant Committee members are sought to be re-elected every 12 months through a proposal.

Each application can expect a brief summary of the committee’s thoughts as an answer on their application.

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