Description

Community-led grants program fostering growth and innovation in the RootstockCollective, supporting projects that benefit the Rootstock and RIF ecosystem.

Funding Purpose

• Funding innovative projects backed by strong teams with creative ideas that benefit and strengthen the Rootstock and/or RIF ecosystem.
• Increasing TVL and other blockchain metrics.
• Expanding the capabilities and utility of RIF.
• Empowering the community with accessible and novel insights.
• Growing RIF through stimulating demand, expanding utility, and accelerating transactional velocity.
• Fostering a strong and inclusive culture around Rootstock.

Eligibility Criteria

• No U.S. persons or U.S.-based companies.
• Excludes individuals or entities from USA, South Sudan, Iran, Syria, North Korea, Myanmar, Democratic Republic of the Congo, Mali, Burkina Faso, Yemen, Haiti, Russia and Ukraine territories occupied by Russia.

Required Milestones

• Subsequent payouts based on milestones.

Reporting Requirements

• KYC and due diligence will be performed as assertion from RLabs to the Foundation.