Qubic Awards First Developer Grants

Qubic is excited to announce the winners of the first batch of grants approved by the Qubic Grants Program Committee! The Qubic Grants Program incentivises development of smart contracts and dApps to further enhance and expand the Qubic ecosystem. The Grants Program Committee oversees the Grants Program, reviewing proposals and selecting the projects that meet the objectives best aligned to enhance the Qubic network and promote the further growth and adoption of Qubic. After grants are awarded, developers receive funding on an ongoing basis upon completion of key milestones.

Grant Criteria

Developers are required to submit a detailed proposal of their project for evaluation by the Qubic Grants Program Committee. If a project is selected to receive a grant, they receive $10,000 USD to develop their project. Criteria and submission guidelines for the grant process are available on Qubic.org/grants.

The Winners

We will be exploring each of these projects in much more detail in a series of deep dive blog posts.

Here are the projects that have received grants:

• QEarn

• QubicJ Java API

• QFront

• Qubic Name Service

• Qubic Metrics

• Python Library for Qubic API

QEarn

QEarn incentivises users to lock (A.K.A., “stake”) their QUBIC coins to earn attractive yields. By locking coins, the effective circulating supply of coins is reduced. This not only generates yields, but also has a deflationary effect. 

Locking encourages users to remain engaged with the community, fostering growth, and ensuring coins are held for longer periods. While users can unlock their coins at any time, withdrawing them before the end of the staking commitment incurs withdrawal penalties,  impacting their yield. These penalties are redistributed among the remaining staked coin holders, providing an additional incentive to keep coins locked within the Qubic ecosystem. 

A burn mechanism permanently removes coins from circulation, reducing supply and enhancing deflationary effects.

QEarn Features and Benefits:

• Deflationary Effect: Reduces supply.

• High Yield: Attractive returns for stakers.

• Secure and reliable staking process.

• Burn Mechanism: Permanently removes coins from circulation.

Learn more about QEarn:

QEarn: Qubics path to high yields and reduced supply

Introducing QEarn: Locking Coins for Yield

QubicJ Java API

QubicJ is an API that enables Java developers to develop on the Qubic network without requiring them to know the details of the Qubic network protocol. It simplifies development, allowing developers to focus on creating innovative applications for the Qubic ecosystem.

QubicJ also provides a command line wallet and tool for Linux users. It supports the management of multiple Qubic IDs and fully supports Qx. It also provides a library usage example and documentation for developers.

QubicJ Features and Benefits:

• Simplifies Development 

• Facilitates Qx Operations 

• Manages Multiple Wallets

The project is open-source and can be viewed on Gitlab. Additional project information and support can be found in the Qubic Discord channel #qubic-java.

QFront

QFront is a user-friendly, intuitive graphical frontend that integrates seamlessly with the Qubic Command Line Interface (CLI). It enables users and developers to interact with the Qubic network without requiring extensive knowledge of the CLI or the complexities of the underlying protocols. It provides a comprehensive interface for wallet management, transaction handling, blockchain exploration, network operations, asset management, and exchange operations. 

QFront Features and Benefits:

• Wallet Management

• Transaction Handling

• Blockchain Explorer

• Network Operations

• Asset Management

• Exchange Operations (Qx Integration)

• Quottery Integration

• Smart Contract Interaction

• Aigarth AI Integration

• Community and Governance

Qubic Name Service

Qubic Name Service (QNS) is a decentralised name service that simplifies interactions on the Qubic network by replacing complex addresses with easily-readable names. Users can register names through a straightforward process, making them easy to remember and mappable to various resources. This significantly enhances the usability and accessibility of the Qubic network, streamlining the user experience and reducing the risk of errors. 

QNS Features and Benefits:

• Human-Readable Names

• Smart Contract Integration

• User-Friendly Interface

• Best Security Practice

• Compatibility with Qubic Infrastructure

• Enhanced Usability

• Wider Adoption

• Smoother Transactions

• Better User Experience

QubicMetrics

QubicMetrics is an intuitive, comprehensive dashboard which extends the functionality of the Qubic Explorer, providing detailed analytics about the Qubic Network. The dashboard will showcase essential metrics, including the latest tick (block height), current block height, and various network statistics. These statistics include circulating supply, active addresses, current price, market capitalisation, epoch details, and the total number of QUBIC burned.

The dashboard will integrate directly with Qubic’s RPC servers to fetch real-time data. By providing a user-friendly, data-rich interface, QubicMetrics will empower users, attract new participants, and support the ongoing growth of the Qubic ecosystem.

QubicMetrics Features and Benefits:

• Empowering Users

• Attracting Developers and Investors

• Global Analytics

• Real-Time Data Integration

• User-Friendly Interface

• Ecosystem Growth

The project is open-source, and can be viewed on GitHub.

Python Library for Qubic API

The Python Library for the Qubic API simplifies interaction with the Qubic API, enhancing its usability and allowing developers to interact with it more efficiently. By facilitating and simplifying interaction with the Qubic API, the library will streamline the development process and attract more developers to the Qubic ecosystem.

Python Library for Qubic API Features and Benefits:

• Seamless Integration

• Community Support

• Smart Contract Interaction

• RPC Server Querying 

• Transaction Data Management

Developer Grants Available

Congratulations to the developers of these projects. Do you have a project idea that could support the growth of the Qubic network? Qubic is actively seeking developers to help us grow our ecosystem. Read more about the Qubic Grants Program and apply for a grant. 

Please note: This is the first batch of grants of many to come. The Qubic Grants Program is not currently accepting applications. There will be an announcement when the next grant period opens.

Connect With Us

We encourage you to join our Discord and Telegram to share your thoughts and questions.

Disclaimer 

All projects mentioned are community-driven initiatives and operate independently of Qubic Core and the Steering Committee (SteCo). They reflect the efforts and ideas of the community. QEarn does not guarantee any specific returns or yields on investments. The information provided does not constitute financial advice, and participation involves risk. Always do your own research before making any financial decisions.