Funding is an important aspect of every startup to bring their ideas to life. Funding at the right time will help startups to hire more resources, conduct research, purchase equipment and other stuff to compete with others in the market.
Even though there are many options for funding today, like venture capitalists, angel investors and crowdfunding, etc., getting funded is not easy.
If you are an innovative startup based on blockchain development, then you can stop your frantic search for an investor. Yes, with Oasis Grants Program, you can get funding up to $50K for your next project in the oasis network.
About Oasis Foundation?
Dawn Song, the founder of Oasis Network, launched the Oasis Labs in 2018 and laid a foundation for Oasis Network. Dawn saw the importance of data as he states that “Data is the new Oil” and the importance of leveraging the latest technology to secure data and safeguard its privacy.
The Oasis Network is the first privacy-enabled blockchain platform for open finance and a responsible data economy. The main goal behind the formation of the Oasis foundation is to empower the blockchain ecosystem around the Oasis network.
What is the Oasis Grants Program?
The Oasis Grants Program, also called the Rose Bloom Grants program, is specially designed to help foster the ecosystem’s growth around the Oasis network. The $1.5 million Rose Bloom Grants program will largely help innovative blockchain startups to kickstart their projects based on blockchain technology. Through the Oasis grants program, each startup can receive up to 50,000 USD in Rose tokens.
How to Apply For The Oasis Grants Program?
Any individual above the age of 18 or a startup company can apply for the grants program. But people from these countries, including Cuba, Iran, Syria, Crimea and the Republic of North Korea, are not eligible to apply. To apply for the program, you need to fill out an online application form.
Currently, the program is offering grants for the following categories:
- For projects based on the Oasis Labs Parcel SDK
- Second State’s Oasis Ethereum Para Time
- Para Time SDK development
Your application for the grants program will be evaluated based on:
- The clarity in the application
- Technical design of the project
- Team strength
- Relevance to the success of Oasis Network
Even if you have an idea that doesn’t cover the above three categories, you still can apply with a detailed project plan. Oasis will interview to assess your project, and if it is feasible, your grant will be released.
Benefits of The Oasis Grants Program?
The main objective of the Oasis Grants program is to foster the next-gen developers and innovators to kickstart their ideas and develop innovative projects in the Oasis Network. Based on your project quality, a startup can get up to a grant amount from $5000 to USD 50,000. Oasis Network also provides the needed technical support and additional funding if the project quality is good and seems to continue for a longer term.
For more details you can visit https://oasisprotocol.org/grant-programs or contact us.