- 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. This program aims 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 community of developers. The program is set to target several critical areas within the Avalanche ecosystem, including On & 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 will employ a hybrid funding model that includes both direct and milestone-based grants. Direct grants are awarded upfront to help developers achieve initial project milestones. Additional funds are provided based on the successful completion of the milestones set during the direct grant phase. Funding amounts are determined based on the complexity, strategic importance, and level of innovation of each project. The grant tiers structure includes small-scale projects (up to $100,000), medium-scale projects ($100,000 - $250,000), and large-scale projects (higher amounts 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 landscape. Key criteria include alignment with AF’s mission, technical expertise, and innovative contributions that address current or future needs within the Avalanche ecosystem.
The announcement of the infraBUIDL() Program comes at a time of significant developments in the Avalanche ecosystem, including the launch of Franklin Templeton funds and Grayscale Avalanche Trust, as well as the expansion of retail investment options in Hong Kong.
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