The Casper Accelerate Grant Program has been established to exclusively support projects and developers working on the Casper Public Mainnet. This initiative aims to foster growth and enhance the security of the Casper Network.
What is Casper network?
The Casper Network is a Layer-1 Proof-of-Stake (PoS) blockchain tailored for real-world applications without compromising usability, decentralization, security, or scalability. Launched by Casper Labs on March 31, 2021, the protocol is designed for enterprise adoption, focusing on flexible privacy permissions, low latency, and robust security.
Casper allows enterprises to choose between public, permissioned, and private network iterations based on their confidentiality needs, without sacrificing performance. This has attracted numerous enterprises and Web3 teams to partner with Casper.
Discover more about Casper Network HERE
Key Features of Casper Network
- Scalability: Casper can manage a large volume of transactions quickly and efficiently, making it suitable for high-throughput applications.
- Security: Utilizing the PoS technique, Casper ensures the integrity and security of transactions across the network.
- Developer-Friendly: Casper provides the necessary tools and resources to simplify the development of blockchain applications, making it accessible for developers.
What is Casper Accelerate Grant Program?
The Casper Accelerate Grant Program is a dedicated $25 million fund designed to support projects and creators building on the Casper Public Mainnet. This program aims to strengthen the infrastructure of the Casper ecosystem by identifying and supporting initiatives that enhance interoperability and competitiveness. The program prioritizes decentralized applications (dApps) that leverage Casper’s unique features, extending funding opportunities to DeFi, Gaming, NFTs projects, and Casper-specific crypto research.
Application Criteria
To ensure the success and alignment of projects with the program’s objectives, applicants must meet specific criteria. Casper will assess the following aspects:
- Funding Status: The program will consider how well-funded a project is to ensure its sustainability and potential for growth.
- Track Record: Projects with a positive history on other chains will be favored, showcasing reliability and credibility.
- Alignment with Casper: Applicants need to demonstrate why Casper is the ideal chain for their project, showing a deep understanding and strategic alignment with the network.
- Business Plan: Casper seeks projects backed by a comprehensive and insightful business plan, indicating a clear vision and a roadmap for success.
Evaluation Criteria
The selection process will focus on the positive impact projects will have on the wider Casper community and ecosystem. The quality of the submission, technical or academic strength of the proposal, growth potential, experience level, commitment, and track record of the team will also be considered. The overarching goal is to power the growth of the public Casper network.
Conclusion
The Casper Accelerate Grant Program is an exciting initiative launched to support developers and innovators building on the powerful Casper public blockchain globally. This multi-year grant program will fund projects that support infrastructure, end-user applications, and research innovation on the Casper blockchain.
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