- 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.
Objectives and Scope of the infraBUIDL() Program
The initiative will provide funding to attract top-tier talent and build a robust community of developers.
Funding Structure and Grant Tiers
The infraBUIDL() Program will employ a hybrid funding model that includes both direct and milestone-based grants. This approach ensures that developers receive essential support while also being incentivized to meet specific project milestones. Funding amounts are determined based on the complexity, strategic importance, and level of innovation of each project. The general structure for grant tiers includes: Small-Scale Projects — up to $100,000; Medium-Scale Projects — $100,000 - $250,000; Large-Scale Projects — higher amounts are available upon application and review.
Application Process
To apply for the infraBUIDL() Program, projects must align with the Avalanche ecosystem’s goals and demonstrate how they will enhance the infrastructure. Key criteria include: Alignment with AF’s Mission; Technical Expertise; Innovative Contributions that address current or future needs within the Avalanche ecosystem.
The timing of the infraBUIDL() Program's announcement aligns with several notable developments in the Avalanche ecosystem: the launch of Franklin Templeton's FOBXX on August 22, 2024; the launch of Grayscale Avalanche Trust and the expansion of retail investments in Hong Kong.
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