gitcoinbot
commented
4 years ago Issue Status: 1. Open 2. Started 3. Submitted 4. Done
This issue now has a funding of 100000.0 USDC (100000.0 USD @ $1.0/USDC) attached to it.
- If you would like to work on this issue you can 'start work' on the Gitcoin Issue Details page.
- Want to chip in? Add your own contribution here.
- Questions? Checkout Gitcoin Help or the Gitcoin Chat
- $860,733.40 more funded OSS Work available on the Gitcoin Issue Explorer
The Arweave Open Web Fellowship
Apply to register for Demo Day by Sunday, November 15th at 11:59pm CET by filling out this form: https://forms.gle/s3BUfT3MJ9TNvwf59 Only the projects who submitted their projects on Gitcoin and fill out this form will be considered to pitch at the end of the fellowship
The Open Web Fellowship is a six-week programme offering an investment pool of $100,000 which will be granted to winning profit sharing communities on the Arweave network. Arweave welcomes applications from existing profit sharing communities as well as brand new apps built during the course of the programme.
As well as potentially receiving investment in your project, you will be able to:
Profit sharing communities are a fundamentally new way of incentivizing founders to build web services. Profit sharing communities couple profit sharing tokens (PSTs) with an on-chain governance structure. This enables you to earn a stream of tips from the usage of a permaweb app, as well as to monetize access to these futures profits. You can find out more about PSTs here, and about PSCs here.
The aim of this programme is to offer tailored support, resources, and guidance to both brand new and existing PSC founders who wish to push their projects to the next level.
Get Started!
All you need to do to get started is to register here on Gitcoin, and join us on our ecosystem Discord server! You will then receive news and notifications for upcoming events and deadlines as the programme progresses.
Resources
Rules and Criteria
Successful submissions will meet the following criteria:
Investment details
The Arweave core team will be investing $100,000 in winning projects submitted during the Open Web Fellowship programme. This investment will be made in the form of the Arweave team purchasing selected projects’ profit sharing tokens. The winning projects will be selected by the core Arweave team following the Gitcoin submission deadline on the 24th of November, then negotiations for token purchase will be made individually with each project and its founder(s).
Note: The bounty has a value of 100,000 USDC on Gitcoin, this is only a representation of the total investment pool of $100,000 that is available - the specific currency will depend on the agreement with the investee(s).
Submission Deadline:
11:59pm EST on November 24th
Announcement Date:
Investments will be announced after the end of the fellowship programme
Read all about the programme here: https://medium.com/@arweave/announcing-the-arweave-open-web-fellowship-investing-100-000-in-profit-sharing-communities-c77e349b59f6