- 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 program is set to target several critical areas within the Avalanche ecosystem, including 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 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. Direct grants are awarded upfront to help developers achieve initial project milestones, while additional funds are provided based on the successful completion of these milestones. Funding amounts are determined based on the complexity, strategic importance, and level of innovation of each project. Small-scale projects can receive up to $100,000, medium-scale projects between $100,000 to $250,000, and large-scale projects higher amounts 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 the Foundation’s mission, technical expertise, and innovative contributions that address current or future needs within the Avalanche ecosystem.
The infraBUIDL() Program represents a significant step in the development of the Avalanche ecosystem, aimed at attracting top talent and building a strong community of developers. This initiative coincides with recent significant developments such as Franklin Templeton's introduction of its OnChain U.S. Government Money Fund and the establishment of the Grayscale Avalanche Trust.
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