Polkadot Community Grants Program through Delegated Domain Capital Allocation

- Problem Statement: The Polkadot community needs a transparent and efficient way to fund a variety of teams building apps on top of Polkadot. The intended audience is the Polkadot community and potential app developers.
- Significance: As the bear market continues, it's crucial for Polkadot to retain key ecosystem contributors and incentivize builders. A community-run grants program can attract high-quality builders, develop leadership, and grow the ecosystem more quickly.
- Proposed Solution: Launch a community grants program of $1.85M spread across 2 quarters. The budget will be managed by 4 individuals called Domain Allocators, who will manage grants for a domain. The performance of each domain allocator will be publicly viewable and auditable. Questbook will facilitate setting up these domain allocators and provide the tooling to run the grants program.
- Expected Outcomes: The proposed structure will lead to an increase in quality proposals, aligned allocation of funds, increased transparency, increased accountability, lower turnaround time, and high brand recognition. The program will also boost developer engagement with Polkadot and form strategic partnerships with important ecosystems to jointly fund grants in mutually beneficial areas.

#1868 Polkadot Community Grants Program through Delegated Domain Capital Allocation

No Active Proposals