2022 Developer Grants Call for Applications
By: Trent Fuenmayor, Program Manager, Coinbase GivingCoinbase’s mission is to increase economic freedom in the world through the crypto-economy. To achieve this, it is essential to develop common infrastructure that is t...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
By: Trent Fuenmayor, Program Manager, Coinbase Giving
Coinbase’s mission is to increase economic freedom in the world through the crypto-economy. To achieve this, it is essential to develop common infrastructure that is transparent, safe, secure, and benefits all participants. The open source community has provided critical support for Crypto development, with some support from donations from industry organizations and academic institutions. Our goal is to similarly support developers who are committed to growing and maintaining the Crypto ecosystem.
We launched our Crypto Community Fund in 2020 to aid this community effort, and in 2022 we’ve allocated up to $5M through Coinbase Giving, our philanthropic arm, to expand the program. Today, we have officially opened applications for our 2022 developer grants focused on blockchain developers who contribute directly to a blockchain codebase or researchers producing white papers addressing one or more of the following themes:
- Scalability and interoperability of blockchains: Scalability is a huge barrier to adoption. Current development varies between layer 2 protocols, and has different consensus mechanisms and layer 1 structures. While much of this work has high monetary value, we are specifically looking to fund novel approaches and applications which are not so easily monetized (for example: rollups that originate in math/graph theories).
- Privacy, Identity, and Zero Knowledge research: Financial privacy is a critical and necessary development for a widespread, safe adoption of crypto. In a world where personal privacy is increasingly at risk, we recognize that the public and permanent broadcasting of transaction history can be concerning. We are open to any applications related to this area, but we are particularly interested in development related to composable privacy — privacy preservation which can be combined with smart contract ecosystems. For example, this may lend itself to academic zero knowledge research.
- Protocol security, audit research, developer experience, and other foundational infrastructure: The crypto-economy should be safe for all users, and this is only possible when the protocols themselves are verifiably safe. This could take the form of a better developer experience, so that common bugs are easier to avoid, better audit tooling, or even work like Solidify, our static analysis tool. To this end, we’re looking for projects which improve the foundational security of contracts, prevent exploits, and otherwise do the needful, inglorious, sometimes non-monetizable work.
- Environmental footprint: For the crypto-economy to have a place in the mainstream, it must be sustainable. While there is still much to understand about the scale of impact, there’s no debate that mining is energy-intensive. We’re excited to see applications with innovative solutions to address this generational challenge.
- Wild card: If you are working on a foundational improvement and are finding it hard to get funding, we want to hear from you!
Eligibility and Preferences
- We welcome applications across any blockchain.
- We are open to submissions for any time frame, although our default is year-long grants.
- Our primary focus is to fund initiatives that maximize community benefit (and that is typically harder to monetize) and/or research that advances the industry.
- We seek diversity in applicants and projects.
- Some examples of previous recipients can be found here.
Process
We will consider these applications on a rolling basis. Proposals will be shortlisted by current crypto developers and important community members. Coinbase will make the final decision.
We encourage all blockchain developers and prospective developers to apply for a Crypto Community Fund grant here.
This website contains links to third-party websites or other content for information purposes only (“Third-Party Sites”). The Third-Party Sites are not under the control of Coinbase, Inc., and its affiliates (“Coinbase”), and Coinbase is not responsible for the content of any Third-Party Site, including without limitation any link contained in a Third-Party Site, or any changes or updates to a Third-Party Site. Coinbase is not responsible for webcasting or any other form of transmission received from any Third-Party Site. Coinbase is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement, approval or recommendation by Coinbase of the site or any association with its operators.
2022 Developer Grants Call for Applications was originally published in The Coinbase Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CoinbaseRelated market context
Irish Central Bank Fines Coinbase Unit €3.25 Million Over Customer Fund Safeguards
TL;DR: Ireland’s central bank imposed a €3.25 million penalty on Coinbase Ireland over electronic-money safeguarding and outsourci...
Coinbase Ireland Hit With €3.25M Fine Over Fund Safeguarding and Oversight Failures
Key Takeaways: Irish central bank fines Coinbase Ireland $1.19m for customer fund safeguarding and outsourcing failures. The compa...
Swiss Regulator Approves First Domestic Spot Bitcoin ETF Under Fund Law
TL;DR: Switzerland’s FINMA has authorized a Bitcoin ETF structured as a Swiss-law public investment fund; the approval differs fro...
HSBC Launches RedCoin Stablecoin and Plans to Let Customers Buy Tokenized Funds With It
HSBC put its first stablecoin, a Hong Kong dollar token called HSBC RedCoin (ticker RCHKD), on its PayMe payments app on Oct. 23,...
Blockchain Association Urges Congress to Pass Crypto Tax Rules, Lays Out 10 Principles
The Blockchain Association asked congressional leaders on Thursday to pass bipartisan digital asset tax legislation, setting out 1...
Circle Gateway Adds Bitcoin And Euro Balances With cirBTC And EURC
Circle is taking its cross-chain balance service beyond USDC. The company announced on October 23 that Gateway now supports its wr...