Introducing the Qubic Grants Program
Written by
The Qubic Team
Jul 23, 2024
The Qubic Grants Program aims to foster the development of high-quality smart contracts and solutions that enhance the Qubic ecosystem. We encourage proposals that address various needs within the ecosystem, such as Liquidity Pools, Name Service, Derivatives Contracts, Token Insurance, and more.
Program Objectives
High-Quality Smart Contracts Ensure that developed contracts meet the highest standards of quality and security. This includes rigorous testing and code reviews to guarantee reliability.
Reusability Support the creation of smart contracts that can be used by other projects within the Qubic ecosystem. This encourages standardization and efficiency in development.
Ecosystem Growth: Facilitate the creation of tools and services that drive the adoption of the Qubic platform. By providing necessary infrastructure, we aim to attract more developers and projects to Qubic.
Application Process
The grant application process will be conducted in batches, with specific grant windows open for a designated period. This approach allows for thorough review and selection of proposals while fostering a strong community of applicants. By organizing the grants in batches, we can provide better support and engagement for each cohort, enhancing collaboration and ensuring a high standard of development within the Qubic ecosystem.
Initial Proposal: Submit a detailed proposal through the Qubic website using our application form.
Review and Selection: Our team will review the proposals and select the most promising ones based on their potential impact, feasibility, and alignment with Qubic’s goals.
Development and Delivery: Selected developers will receive funding based on the completion of key milestones, ensuring accountability and encouraging thorough testing. The funding will be distributed in four tranches:
Milestone 1: Initial setup and basic functionality - 25%
Milestone 2: Mid-development review and progress demonstration - 25%
Milestone 3: Beta version delivery and testing phase - 25%
Milestone 4: Final deployment and full functionality - 25%
Evaluation and Audit: The smart contracts will be evaluated and audited to ensure they meet the program’s requirements. This includes code reviews, security audits, and performance testing.
Detailed Proposal Requirements
Concept Validation: Include a well-researched or tested concept, ideally with evidence of prior work.
Technical Design: Provide a detailed technical design with diagrams, flowcharts, and relevant documentation.
Relevant Experience: Proven experience with relevant languages (e.g., C++) and front-end implementations.
Sustainable Development: Demonstrate that the project will be maintained after the grant is completed.
Innovation: Highlight how the application stands out among competitors.
Open Source: All produced code must be open-source and should not rely on closed-source software.
Token Sales: Projects planning a token sale are not eligible for grants.
Multiple Grants: A team can apply for several grants.
Legal Compliance: Ensure your proposal adheres to all relevant laws and regulations.
Project Guidelines
Documentation: Comprehensive documentation explaining the functionality.
Tutorials: Video tutorials to explain user interfaces are highly encouraged.
Referral Program
We give $500 (in USDC, USDT, or $QUBIC) to anyone who refers a successful grant application. To get the referral bonus, the application must include the name of the referrer.
Contribute to the Qubic Grants Program
The Qubic Grants Program is designed to be open and accessible. If you want to contribute or get involved, here are some ways you can do that:
Spread the word. Do you know developers? Let them know that they can apply for the first batch of Qubic grants.
Request For Proposals (RFPs): Submit an RFP if you notice something missing in our ecosystem.
Job Openings: Check out our current job openings and apply.
We strive to keep improving our grants program and are always open to feedback. If you have any suggestions, please reach out to us on GitHub or Discord.