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February 23, 2023

Gitcoin Grants Round 1: Distribution Announcement

Announcements

Ash V. Khatibi

Content Writer at Fantom.

We are pleased to announce that the allocations of FTM for every project participating in the first Fantom Gitcoin Grants round have been made! Our team has worked diligently to complete the calculations and the funds have now been successfully distributed.

The Gitcoin Grants program, a joint effort by the Fantom Foundation and Gitcoin, supports projects on the Fantom platform through community funding; the program matches community donations to projects in grant rounds, promoting a rich and diverse ecosystem on the Fantom platform. This round, which concluded on January 2, demonstrates our commitment to this mission and we are proud to see it come to fruition.

Gitcoin Grants Round 1: FTM Allocations

The table below lists every project participating in the first Gitcoin funding round alongside the amount of FTM they were allocated (rounded to the nearest whole number).

Distribution amounts and transaction ID available here.

ProjectAllocated FTM
8PLAY.GAMES169
A Fantoman & Fantomonstre142
ALL IN FINANCE233
Alphabetting284
Assetux857
Atlantica Market2944
BabyChimpGang344
Balance Capital5734
BeatMeIfYouCan.xyz76
Beethoven X3480
Bitgem Labs146
Bulletproof Productions94
Chaineye – Fantom Round755
CoinBrain299
Comunion158
Crypto Policy DAO213
CryptoStats124
Debets Protocol1067
DeFi Crypto Vaults138
DefiLlama12500
Degen Dwarfs213
DePay12500
Depeg Finance671
DOG’s Forensics as a Service (Faas)1903
Encounter by Station Zero X240
Equalizer Exchange986
Evelyn1422
Eyepto784
Fantom Gallery198
Fantom Italia85
Fantom Nobles183
FantomNames.org – Web3 Social Usernames2737
Fantomon301
Fibbo224
Fractal Studios187
FTM.Guru185
FTMSwap1581
GhostSwap1062
Giveth3509
GravityDAO399
Grey Market181
GuildQB103
hype Squad141
Incognito221
Infinity Wallet960
JEFE TOKEN123
JPGs Against Humanity87
Just Brew It DAO2373
kek.tools281
Knights & Peasants113
LiquidDriver6161
Loanshark4678
Matrix Farm163
Metaland1892
Mowse290
Nether.Fi424
NinjaYielder138
Open Games Builders151
Oswap8759
PaintSwap1040
Pepemon: Degen Battleground1451
Pin Save: decentralized Pinterest1036
Pink Paper151
Planet Keeper123
Pluto Pawn87
Praise152
Racing Snails173
Rave Names427
Real Token283
Red West148
Revoke.cash12500
Slothtopia124
Spiritopoly121
SpiritSwap7366
SUPACharge118
Symphony Finance6522
Takepile Protocol479
Tarot698
TenEggsDAO161
Thinkin752
Todai World106
Tutipila122
UCPI210
web3beach118
Web3Box227
WigoSwap2508
World of Magik825
Zombiverse603
Total125,000

Distribution amounts and transaction ID available here.

For some projects, a number of donations were identified as Sybil transactions by Gitcoin, which attempted to manipulate the process to receive additional funding. To avoid penalizing these projects, we removed these donations from the count before calculating the matching funding.

The Fantom Foundation distributed the funds to each project on March 1, 2022. Be sure to follow us on Twitter and check your project wallets closely for the sent funds!

Gitcoin Grants Round 1: Recap

The application phase for the Fantom Gitcoin Grants Round 1 took place from November 14 to December 4, 2022, and the voting for this round took place from December 12, 2022, to January 02, 2023, with a total of 88 projects participating.

In total, the community donated around 240,942 FTM to support their favorite projects on Fantom.

As the matching funds for this round were 125,000 FTM, the participating projects received a total of around 365,942 FTM, comprising the community donations and matching funds.

Screenshot of some participating projects

To stay updated on upcoming rounds, follow the Fantom Foundation Twitter. The rounds are planned and held continuously, providing regular opportunities for projects to receive funding.

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