Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»ETHEREUM NEWS»May 2018 EF Grant Cohort Announced
ETHEREUM NEWS

May 2018 EF Grant Cohort Announced

By Crypto FlexsMarch 10, 20245 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
May 2018 EF Grant Cohort Announced
Share
Facebook Twitter LinkedIn Pinterest Email

Thank you to everyone who applied and we are excited to announce our latest Ethereum Foundation grants! We provided a total of $2.84 million to 22 beneficiaries.

Apply for the next round here! πŸ¦„

background

The Ethereum Project seeks to support useful dApps and smart contracts on the Ethereum blockchain, and the Ethereum Foundation’s goal is to provide developers with best-in-class R&D, developer experience, and education. Despite the ecosystem’s initial promise, there is still a long way to go, and we are here to work with the community to make concrete progress.

These grants will support the entire ecosystem and fuel the team working hard on research and development to help further develop Ethereum. It’s scalable, useful, and secure.. These projects don’t have ICOs or token sales; they simply focus on building useful products and experiences.

scalability This may take the form of implementing sharding, plasma, or state channels with an existing team or on your own. It could also be in the form of optimizing geth/parity or building a replacement client. Usefulness To improve developer experience (e.g. static analyzers, linters, development frameworks, mobile SDKs) or user experience. security This can range from auditing existing contracts, providing tools to prevent error-prone programming patterns, to contributing to alternative security-focused second-tier languages. We also product design A community that helps solve product and UX design issues, including areas such as key management, Ethereum payment UX, and onboarding flows.

Finally, we would like to recall how the Ethereum project began. open source developer Contribute to the project in your spare time. In that spirit, we have launched a β€œhackship” grant for community members who propose impactful Ethereum side projects.

What we provide to our beneficiaries

  1. non-dilutive funds
  2. technical advice
  3. Connect with more users
  4. A platform to share your work

We hope to give the Ethereum team more runway, advice, and resources so they can focus solely on building useful products and experiences.

Additionally, many of these grants can be followed up with additional funding and/or collaboration once milestones are achieved. We believe this will provide a tight feedback loop on the impact on the ecosystem.

Beneficiary List: May 2018

Scalability:

in Peru – $250,000. National Channel R&D.

PISA (standard Patrick McCorry etc.) – $250,000. National Channel R&D.

Sprite implementation (by sick) – $200,000. Payment channel implementation.

General calculations for plasma (by Parsec Lab) – $50,000. Plasma implementation.

plasma (by Kyokan) – $50,000. Plasma implementation.

Plasma (by fourth week) – $32,000. Plasma implementation.


Usefulness:

DevEx Grants*:

Wallet Connect (by Balance.io) – $150,000. Interoperability of web dapps and mobile wallets.

iOS Development Kit (Author: Aki) – $50,000. iOS + Ethereum Starter Project (MVVM support).

EtherKit(by Vault.io) – $50,000. iOS development framework (Swift).

VIP node – $35,000. Light client incentives.

BrowseEth – $25,000. Typescript library for browsers.


#buidl grant**:

ENS Foundation – 1 million dollars. Until now, the Ethereum Foundation has supported ENS through hiring developers internally, but ENS has now matured to become its own independent organization. We are excited to continue working with this great project/team in the future.

pop wallet – $100,000. An open source browser wallet.

Trust Wallet – $30,000. Open source mobile wallet.


security:

zeppelin – $430,000. Solidity Compiler Audit (co-sponsored with Augur)

Sediyu – $50,000. Smart contract formal verification research and development.

SecureEith – $30,000. Smart contract development standards.

Gitcoin – $25,000. Bug bounty platform.


Hackturnship:

Flint programming language – $10,000. A smart contract language focused on safety.

Richard Rittauer – $10,000. Developer onboarding documentation.

Chris Spanos – $10,000. Developer onboarding documentation.

Chinese Academy of Sciences (Lee Soon et al.) – $5,000. Sharding research and development.


* DevEx Grant – Improves the developer experience (β€œuseful” for developers).

** #buidl Grant – Builds for end users (β€œuseful” to them).

Wishlist for future grants

We hope to see more support in future grant rounds in the following areas:

  1. scalability

    1. Implement more payment and/or status channels πŸ’šπŸ’™
    2. More plasma implementations πŸ’šπŸ’™
    3. More sharding implementations πŸ’š
    4. Improved efficiency of existing clients such as Geth & Parity πŸ’šπŸ’™
    5. β€œLightning Network” for Ethereum without tokens πŸ’™
    6. Tokenless Casper Staking Pool Contract πŸ”₯
    7. WebAssembly R&D πŸ”₯

  2. Usefulness

    1. Improved private key management and Ethereum transactions πŸ’šπŸ’™
    2. Alternative Wallet/Client Design πŸ’™
    3. Wallet-to-wallet standard and portability πŸ’™πŸ”₯
    4. Tools to improve your developer experience πŸ’šπŸ’™
    5. Improved documentation and developer/user training videos πŸ’šπŸ’™
    6. Tokenless end-user products πŸ”₯
    7. Viper Development πŸ”₯
    8. High-level language with a focus on security πŸ”₯

  3. security

    1. Security Audit for Solidity and Vyper πŸ’™
    2. Smart Contract Audit πŸ’š
    3. Especially thanks to ERC20, ERC223, ERC721, multi-signature wallets, vaults πŸ”₯
    4. Tools to prevent vulnerable code πŸ’šπŸ’™

  4. Hackturnship

    1. Do you already have a job (or school)? are you okay! Suggest a problem you’d like to solve, and we’ll cover a $10,000 external internship for 10 weeks to work on Ethereum in your spare time. πŸ’šπŸ’™(Successful projects will be featured at developer conferences. We are also looking to hire and fund from this pool of side projects. If you’re wondering where to start, take a look at the list above.)

πŸ’š – Funding for March 2018 cohort
πŸ’™β€“ Funding for the May 2018 cohort
πŸ”₯– New to wishlist

next stage

This is an ongoing grants program, and we’d like to invite the rest of the community to approach us with your ideas (Application link).

Ethereum was built by the community for the community, and we are here to support you. Thanks for building it!

best,
Ethereum Foundation Team
5.2.18

(Most of the content has been paraphrased. first post)

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Mixed signals for Ethereum: Technical milestones and growing adoption offset market pressure

January 6, 2026

A popular cryptocurrency founder has poured millions of dollars into Ethereum, and here’s what he’s buying:

January 2, 2026

Ethereum’s 2026 roadmap includes more validator risk than you might think.

December 29, 2025
Add A Comment

Comments are closed.

Recent Posts

Rain Raises $250M Series C To Scale Stablecoin-Powered Payments Infrastructure For Global Enterprises

January 9, 2026

Truebit protocol hack exposes DeFi security risks as TRU token collapses

January 9, 2026

Impact of ECC team withdrawal on Zcash (ZEC)

January 8, 2026

Binance and Coinbase Suddenly Add Support for New ZK Proof Altcoins

January 8, 2026

BitMEX Launches Equity Perps for 24/7 Stock Trading

January 8, 2026

Bitcoin price plummets to $90,000 as New Year bounce falters

January 7, 2026

Wake Arena: The AI-Driven Audit Service

January 7, 2026

7 Best DeFi Dashboards for 2026 (DeFi Portfolio Tracking)

January 7, 2026

When You Look Into The Transition To New Crypto-based Projects

January 7, 2026

How To Choose The App For Crypto Trading In Bitcoin And Trade Safely

January 7, 2026

How UK Financial Ltd’s ERC-3643 token is shaping the future of regulated cryptocurrency trading.

January 7, 2026

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Rain Raises $250M Series C To Scale Stablecoin-Powered Payments Infrastructure For Global Enterprises

January 9, 2026

Truebit protocol hack exposes DeFi security risks as TRU token collapses

January 9, 2026

Impact of ECC team withdrawal on Zcash (ZEC)

January 8, 2026
Most Popular

Wallet Recovery – I lost my network connection in 2009 and can I reactivate it years later in 2021?

March 2, 2024

The race for dominance in the NFT marketplace is heating up again

July 16, 2024

XRP Bull Target $1.50; These altcoins may also follow suit

January 8, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2026 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.