Polygon Launches Community Grants Program for Web3 Projects

Polygon Launches Community Grants Program for Web3 Projects

Community cash flow and financing

A neutral Community Treasury Board will oversee the newly created Community Treasury, which will manage the funds. The first season of the Community Grants Program (CGP) has begun, with 35 million $MATIC tokens reserved for selected projects.

Professional grant allocators will distribute a portion of Season 01 funds to ensure fair allocation and support developers and projects within the Polygon ecosystem.

THE Community Grants The program offers two tracks:

• General Grant Track: Open to any project built on Polygon, focusing on developer tools, protocol infrastructure, and dApps.
• Consumer Crypto Track: intended for projects that drive crypto adoption through mainstream applications, including gaming, gamified commerce, NFT innovations and content creation.

Grants will support both new projects and those migrating to Polygon, with a focus on long-term development and community governance.

Grant applications are open from June 11 to August 31 and will be reviewed on a rolling basis, with an average lead time of four weeks for grant award.

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*All investment/financial opinions expressed by NFT Plazas are derived from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product before making any type of investment.

Blockchain enthusiast and long-time gamer.

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