- Objectives and Scope of the infraBUIDL() Program
- Funding Structure and Grant Tiers
- Application Process
The Avalanche Foundation unveiled the infraBUIDL() Program, designed to support and accelerate the development of tooling and infrastructure for Avalanche Layer 1 chains. The primary goal of the program is to fortify the Avalanche ecosystem by providing targeted support to developers focused on building essential infrastructure components.
Objectives and Scope of the infraBUIDL() Program
The initiative will provide funding to attract top-tier talent and build a robust developer community. Key focus areas include on and offramps, validator marketplaces, virtual machines, wallets, oracles, interoperability tools, cryptography, bridges, explorers, RPCs, data storage, indexers, and token engineering.
Funding Structure and Grant Tiers
The infraBUIDL() Program employs a hybrid funding model with direct and milestone-based grants. Direct grants are awarded upfront to help achieve initial project milestones, while additional funds are provided based on the completion of specific milestones. Funding amounts are determined by the project's complexity, strategic importance, and innovation level. Small-scale projects receive up to $100,000, medium-scale projects get $100,000 - $250,000, and larger projects may receive higher amounts upon review.
Application Process
To apply for the infraBUIDL() Program, projects must align with the Avalanche ecosystem's goals and demonstrate enhancements to the infrastructure landscape. Key criteria include alignment with the Foundation's mission, technical expertise, innovative contributions, and the team's capability to deliver the project successfully within the proposed timeline and budget.
The infraBUIDL() Program represents a significant step in the development of the Avalanche ecosystem and support for innovative projects. Recent events, such as the launch of Franklin Templeton’s OnChain U.S. Government Money Fund and Grayscale Avalanche Trust, underscore the platform's growing prominence and potential for further advancement.
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