INTRODUCING DIRECT GRANTS: A New Way to Empower Web3 Projects 💸
gm grant program maxis
Grants have been at the forefront of driving innovation in the web3 ecosystem, providing vital early support to projects that propel progress while preserving their independence.
We're excited to share a significant update as Gitcoin transitions to a protocolDAO. We're introducing a new funding mechanism on #GrantsStack: Direct Grants.
What are Direct Grants? 🤔
Direct Grants award a predetermined amount of money for the completion of a well-defined project, making it easy for communities to identify needs and provide support to builders.
Some other benefits of Direct Grants:
🚀 Help kickstart the development of a project or reach a targeted milestone
📈 Can return high short-term value to fill gaps or needs in an ecosystem
🔄 Can accept rolling applications and don’t need a closing period
🌱 Are suitable for early stage communities and ecosystems
Read the Full Announcement here: gitcoin.co/blog/intro-to-direct-grants-how-do-they-work
Innovate, diversify, and streamline your web3 funding approach with ease using Direct Grants on @GrantsStack.
Interested in running your own Direct Grants round? **Schedule a demo with our team: link.gitcoin.co/GSdemo**
If you’re a round operator looking to learn more about Grants Stack, please check out our Manager Toolkit: manager-toolkit.super.site