Early Adopter Grants (EAG) Committee Launches First-Round Token Grants

On March 23rd, the Early Adopter Grants (EAG) Committee of Starnet launched the first round of EAG token grants today. The committee is authorized to operate until June 30, 2023, with a budget of 1 million STRK tokens, which will be distributed to the project party through multiple rounds. Currently, the application deadline for the first round of funding activities is April 5, and the decision time for the committee is April 13, 2023. Starknet stated that this round of funding is mainly aimed at applications deployed on Starknet’s main website or one of its test websites before April 5. The Foundation will fund off chain infrastructure that contributes to the ecosystem through other channels (such as building developer tools or Cairo libraries).

Starnet Early Adopter Grants Committee Launches First Round of Token Grants

The Early Adopter Grants (EAG) Committee of Starknet has officially launched the first round of EAG token grants. With a budget of 1 million STRK tokens, the EAG Committee is authorized to operate until June 30, 2023, and will distribute the tokens to the project party through multiple rounds. The application deadline for the first round of funding activities is April 5, and the decision time for the committee is April 13, 2023.

What are Early Adopter Grants?

Early Adopter Grants (EAG) are tokens awarded to projects on Starknet. They provide funding to encourage developers and users to create applications on the network. The grants are designed to support the deployment of new applications and infrastructure that contribute to the ecosystem. Early adopters who have contributed to the growth of the network can apply for EAG tokens to support their work.

Launch of First Round of EAG Token Grants

On March 23rd, the EAG Committee of Starknet launched the first round of EAG token grants. The focus of this round of funding is to support applications deployed on Starknet’s main website or one of its test websites before April 5. In addition, the foundation will fund off-chain infrastructure that contributes to the ecosystem through other channels, such as building developer tools or Cairo libraries.
The foundation has set aside 1 million STRK tokens for this round of funding. The EAG Committee will distribute the tokens to the project party through multiple rounds. The application deadline for the first round of funding activities is April 5, and the decision time for the committee is April 13, 2023.

Benefits of Early Adopter Grants

The Early Adopter Grants come with several benefits. Firstly, they provide funding to developers and users who are creating new applications on the network. This funding allows early adopters to continue building and improving their projects, without having to rely on external investors. Secondly, the grants allow early adopters to showcase their work and contribute to the growth of the ecosystem. Early adopters are essential to the growth of any network, and the EAG grants provide a way for them to receive recognition for their work.

Applying for Early Adopter Grants

To apply for Early Adopter Grants, project parties need to meet certain criteria. Firstly, the applications must be deployed on Starknet’s main website or one of its test websites before April 5. Secondly, the project must contribute to the growth of the ecosystem. Finally, the project party must provide a detailed proposal outlining how the EAG tokens will be used.
Overall, the Early Adopter Grants provide a unique opportunity for early adopters to receive funding and recognition for their work. The grants allow developers and users to continue building and improving their projects without having to rely on external investors, which ultimately supports the growth of the entire ecosystem.

FAQs:

1. How much funding is available for Early Adopter Grants?
– The foundation has set aside 1 million STRK tokens for early adopter grants.

2. What criteria do projects need to meet to apply for EAG tokens?
– Projects must be deployed on Starknet’s main website or one of its test websites before April 5 and contribute to the growth of the ecosystem.
3. When is the application deadline for the first round of funding activities?
– The application deadline for the first round of funding activities is April 5, and the decision time for the committee is April 13, 2023.

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