Difference between revisions of "NEAR Ecosystem Fund"

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(Created page with "The NEAR Foundation was created in 2019 to help steward and develop the ecosystem that would start to form. NEAR’s founder Illia Polosukhin announced their ecosystem fund at their conference (NEARCON) back in October of 2021 to the tune of $800M in total incentives available to anons that want to help build out the ecosystem. Aside from the NEAR Foundation there are also funds available through these sources all with additional details on the site mentioned a...")
 
 
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Total Funding Allocated: $800M
Total Funding Allocated: $800M


Total Funds Distributed to Date (if available): not disclosed
Total Funds Distributed to Date (if available): As of 5/13/2022 $45M+ in incentives have been paid out.  You can view the latest totals on their website [https://near.org/grants/ here]


What Asset(s) are the funds paid out with (native token versus $USD, for example): The incentives for these programs are paid out in $NEAR, but accounted for on a $USD cost basis, meaning recipients would be granted an amount equivalent to $NEAR based on current market price at time of allocation.
What Asset(s) are the funds paid out with (native token versus $USD, for example): The incentives for these programs are paid out in $NEAR, but accounted for on a $USD cost basis, meaning recipients would be granted an amount equivalent to $NEAR based on current market price at time of allocation.
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https://explorer.near.org/accounts/nf-payments.near
https://explorer.near.org/accounts/nf-payments.near
[https://sovereignsignal.substack.com/p/near?s=w NEAR Ecosystem Fund Review by Sovereign Signal]
[[Category:LlamaoGrants]]
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