Iris Coleman
16 Sep 2024 15:36
Say launches the third round of its $10 million Creator Fund with a matching pool of $250,000, focusing on educational content, developer tools, and smart contract development.
According to Sei, the Sei Creator Fund, a $10 million initiative, is launching its third round with a matching pool of $250,000. This round aims to support developers by focusing on educational content, developer tools, smart contract development, integrations, and documentation.
Round 3 Details
The third round will focus on the Sei Developer Ecosystem, offering $250,000 worth of SEI tokens. The price will be determined at the end of the round. The program targets several key areas:
Main areas of interest
Educational content and documentation
This category includes tutorials and guides on how to build decentralized applications (dApps), infrastructure, wallets, and NFTs on Sei. Additional focus areas include explanatory content on key Sei features such as Parallel Execution and Twin Turbo Consensus, step-by-step guides for creating front-end dApps, and extending Sei documentation via API references or SDKs. Interactive learning resources such as video tutorials on Sei and partner technologies are also encouraged.
GitHub Contributions and Developer Tools
We encourage you to contribute to GitHub to improve Sei’s documentation, increase code readability, and develop new tools and infrastructure components that enhance Sei’s capabilities.
Smart Contract Development and Interoperability
This focus area aims to develop smart contracts that leverage Sei’s unique features, create templates or libraries for smart contract development, and projects that connect contracts within the Sei ecosystem. Solutions that demonstrate virtual machine (VM) interoperability between the Ethereum Virtual Machine (EVM) and CosmWasm are also explored.
Community and Support Resources
Developers can contribute by answering questions on the Sei forums, reporting bugs, and creating FAQs, troubleshooting guides, and code example repositories.
Application Details
Applications open at 10am EST on Monday, September 16th and close at 12pm EST on Monday, September 26th. Voting and donations will begin soon on the Gitcoin platform.
To apply, developers must create a profile in Builder and apply through Gitcoin’s Grants Stack. Detailed instructions and guidance are available on the Gitcoin support page.
How to vote
Voting involves reviewing applications and donating to your favorite projects via the Gitcoin Explorer. Donations are pooled and matched by a central fund of $250,000 provided by the SEI Foundation.
Referral Bonus
If your recommended project is ranked in the top 10, you will receive a referral bonus of $3,000 SEI. Applicants must include the referral in their application.
Application Committee
The application committee, utilizing Gitcoin’s secondary funding model, evaluates projects based on their potential impact on the Sei developer ecosystem, documentation quality, community engagement, and alignment with Sei’s core functionality. Projects that meet these criteria are put up for community voting.
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Projects must contribute directly to the Sei developer ecosystem, be new or significantly improved, and follow Sei’s technical standards. Open source projects are preferred but not required. Clear technical feasibility and a well-defined roadmap are required.
Example Project
Example projects include a video analysis of Sei’s Twin Turbo Consensus, video walkthroughs of code on developer topics, a blog explaining Sei’s core technologies, and a video guide on building dApps.
Understanding Secondary Funding
Secondary Funding (QF) is a crowdfunding mechanism where community contributions act as a vote to allocate funds. The QF model used by Gitcoin captures community needs and encourages broad support by matching small donations with a larger central fund based on the number of contributors.
Post-funding requirements
Funded projects are required to track milestones through the Karma GAP, maintain open communication with the Sei community, and participate in community events to present progress and results.
If you have any questions, developers can join the Sei Community Grants Telegram group, which provides subchannels for pitch scheduling and collaboration requests.
Introducing Gitcoin
Gitcoin builds technology that enables communities to fund, build, and secure important projects. Through its Grants Program, Gitcoin has distributed over $60 million to early-stage builders in decentralized finance (DeFi), climate initiatives, open source projects, and more.
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