Engaging on digital entrepreneurship on a more efficient manner

in HiveHustlers6 months ago

The harvesting of digital wealth in web3 is a thing that most people aren't aware. Whenever is the money allocated for development of public goods, or the connectivity between the funds and the idea creators and the people that can make it happen is also something that most people need to find their way.

However communities such as this can help lubricate the process of sharing ideas, sharing coder specialties and also sharing source of funds.

The source of funds is usually reserved for specific chains on a vertical integration process. However it doesn't mean the code or the functionality can't be easily exported to other ecosystems. So an app funded in Binance Chain, couldn't work in Ethereum, or Wax or Hive.

So is important to learn and recognize the opportunities this bring for the content creator, app developer, or marketer looking for a source of income to kickstart their company or career in Web3.

Here is a very shortlist of the sources of income I have learned about in my past year. This is skewed because of the blockchains that I am involved. There could be many more funds in many other chains that I know nothing about. If you are involved with someone please mention it on the comments.

  • Hive DHF - The Hive DAO where you can participate and promote to the ecosystem.
  • Gitcoin - Probably the most popular as it sits on the largest chain (ethereum) and holds fund for projects all over including marketing activities, open source development, etc.
  • Dash - DASH used to be one of the largest DAOs holding more than a million dollars a month, at the moment it sits at monthly 4,264 DASH equaling 120,083 USD a month.
  • BCH Flipstarter - Sort of a crowdfunding campaign similar to gofund me where people tip you and you reach your financial goal.
  • EOS Foundation Grants - The VC arm of EOS Foundation, funded by the EOS Foundation, host a 100 million ecosystem fund where it can support major development of the ecosystem.
  • Pomelo - A cuadratic fund mechanism similar to gitcoin on EOS and related chains like WAX and Telos.
  • WAX Labs - Similar to the ENF funding, it allow wax dapps to get funding for development, mantaining or promotion of their dapp ecosystem.
  • Alien Worlds Grants - The Alien World Galactic Hub has a grant source to support the funding of up to 500k TLM (5858 USD). For anyone working under the categories of technical infrastructure, games, content creation, other (lore, arts, collectibles).
  • Alien Worlds DAO - The AW planetary system is composed of independent DAOs that harvest and mine their own TLM for their specific agendas and goals, participate as a developer, or content creator and get the benefit of these DAOs, there are an estimate of 10-30 million USD in funds for the next 5 years.
  • TON Grants - The TON grants and bounties are something that can encourage it's community to participate. Contributors to developers tooling, community tools, educational material, enhancing on-boarding resources. The areas of interest could be DeFi, GameFi, Financial Inclusion, Developer Tooling, Cross-chain interoperability, Interdisciplinary research, Research and standards, Governance and DAO tooling.

As you can see many different venues to apply and get some source of funding for the next great dapp is widely available across the ecosystem While I don't advice to apply for everything at once, it might be good to mix and match specially where specific problems are matched.

Have a great day and keep on Hustling.

Sort:  
 6 months ago  

Didn’t know about some of these resources. Hate I didn’t see this earlier to upvote, but will reblog anyway because it’s some good info.

I will say the Hive DHF is not an easy one to get funded on, takes allot of “elbow-rubbing” with whales to get any kind of real support there.

I agree, there are other funding models that are way more efficient to distribute funds. As a developer, you can always fund core part of your software without 'committing' to a chain.

I think that's the way it should be looked at it.

Posted via D.Buzz