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On March 30, it was announced that the list of projects funded by ETH Research Grant in the second round and the allocation of funds have been announced on the open source developer incentive platform DoraHacks.io. A total of 5 BUIDL teams have been selected for the community voting session in this round, and a grant grant of $5000 has been allocated based on the community MACI voting results. The projects that entered the Grant voting round are Antsyb, Eigen Network, Topic, DeGov Model, and MemeBook.

Grant’s second round of funding list for Ethereum Research was announced, and the third round of project submission is ongoing

– Introduction
– The ETH Research Grant
– The second round of the ETH Research Grant
– The selected projects for the Grant voting round
– Community voting on the selected projects
– The announcement of the Grant recipient
– The impact of the ETH Research Grant
– Conclusion
# On March 30, it was announced that the List of Projects Funded by ETH Research Grant in the Second Round and the Allocation of Funds Have Been Announced on the Open Source Developer Incentive Platform DoraHacks.io

Introduction

The use of blockchain technology and cryptocurrency is rapidly increasing around the globe. Many companies are investing in cryptocurrency projects, and numerous blockchain platforms and protocols are being developed daily. These developments have contributed to the growth of the blockchain ecosystem. One such initiative is the Ethereum Research Grant, which is aimed at promoting innovation in the Ethereum community.

The ETH Research Grant

The Ethereum Research Grant is a program that funds research and development in the Ethereum ecosystem. It provides grants to projects and teams that are working on important Ethereum-related advancements. The funding is provided by the Ethereum Foundation and various other partners in the industry.
The grants are awarded based on the proposals from project teams. The proposals need to be well-researched and include a detailed project outline and a clear strategy to achieve its objectives. The Ethereum Foundation scrutinizes the project proposals and selects the proposals that meet its criteria for funding.

The second round of the ETH Research Grant

On March 30, 2021, the Ethereum Foundation announced the second round of the ETH Research Grant. This round selected five BUIDL teams for community voting, which will be allocated a grant of $5000 based on the community’s MACI voting results.

The selected projects for the Grant voting round

The selected projects for the Grant voting round are Antsyb, Eigen network, Topic, DeGov Model, and MemeBook. The Ethereum Research Grant recognized these projects for their innovation and potential to bring about revolutionary changes in the Ethereum ecosystem.
Antsyb is developing a smart contract-based solution to allow users to borrow assets through their NFTs. Eigen network is developing a scalable blockchain solution for privacy and confidentiality. Topic is building a peer-to-peer network for publishing and monetizing data. DeGov model aims to innovate governance systems by applying blockchain technology to traditional governance methodologies. MemeBook is developing an NFT-based meme market and platform.

Community voting on the selected projects

The community voting on the selected projects has been scheduled between April 14th and April 30th. During this period, the community will vote on the five selected projects. The community’s vote on the projects will determine which project is most likely to succeed and be awarded the Grant.

The announcement of the Grant recipient

The project with the most number of votes will be announced as the Grant recipient. The recipient will be awarded a grant of $5000 to continue its research and development efforts. The announcement of the Grant recipient will be made on the open-source developer incentive platform DoraHacks.io.

The impact of the ETH Research Grant

The Ethereum Research Grant has contributed significantly to the Ethereum ecosystem’s growth by encouraging and funding innovative research and development projects. The grant program supports projects that focus on improving the Ethereum ecosystem, such as scaling solutions, privacy solutions, security protocols, and smart contract-based solutions.
Since its launch, the Ethereum Research Grant program has awarded grants to numerous projects, including the development of Casper, Plasma, Eth2.0, dYdX, and more. These projects have made significant contributions to the Ethereum ecosystem’s growth and development.

Conclusion

The second round of the ETH Research Grant and its community voting session is a highly anticipated event in the Ethereum community. It’s commendable to see the Ethereum Foundation recognize innovative projects and provide funding for them. The Ethereum Research Grant program plays a vital role in promoting and advancing the Ethereum ecosystem development, and we can look forward to the impact these selected projects will bring.
# FAQs

Q1. What is the Ethereum Research Grant program?

The Ethereum Research Grant is a funding program that supports research and development projects in the Ethereum ecosystem. The grants are awarded by the Ethereum Foundation and its partners. The program aims to support innovative projects that contribute to the growth of the ecosystem.

Q2. How are grants awarded in the Ethereum Research Grant program?

To receive a grant in the Ethereum Research Grant program, the project team needs to submit a proposal detailing the project’s objectives and strategies. The Ethereum Foundation scrutinizes these proposals and selects the projects that meet its criteria. Grants are awarded to the selected projects.

Q3. What impact does the Ethereum Research Grant program have on the Ethereum ecosystem?

The Ethereum Research Grant program has contributed significantly to the growth and development of the Ethereum ecosystem. The program has provided funding to numerous research and development projects, including the development of essential solutions such as Casper, Plasma, Eth2.0, dYdX, and more. These projects have made significant contributions to the Ethereum ecosystem’s growth and development.