Accelerating Social Impact with the Chainlink Grants Program

Accelerating Social Impact with the Chainlink Grants Program

The Chainlink Community Grant Program provides financial resources to the many development teams and researchers building a more functional and accessible Chainlink Network. Beyond making Chainlink a powerful building block for enabling hybrid smart contracts, the Chainlink Community Grant Program is focused on funding social impact initiatives that reduce systemic risk in developed economies and create technological leaps in developing regions. Social impact initiatives are a key part of fulfilling our mission to create an economically fair world, where anyone with an Internet connection can better monetize their resources, rely on the contractual obligations of their counterparties, and gain transparency into the guarantees they actually have when using economic infrastructure.

To accelerate these initiatives, we are expanding the number of resources available through the Chainlink Community Grant Program to projects building hybrid smart contract infrastructure and applications that achieve deep social impact. The goal is to incentivize developers and researchers who want to build tangible blockchain solutions that enhance people’s ability to independently improve their well-being and social-economic status. Below are some of the key initiatives that the grant expansion is targeting.

Supporting Nonprofit Organizations and NGOs

We’re looking to partner with a wider range of nonprofits and NGOs that are focused on building open-source technologies, specifically targeted at solving large-scale social and financial challenges through the use of blockchains, smart contracts, and oracles. These organizations have well-established resource networks that can help broaden the types of markets and geographical regions that hybrid smart contracts can reach.

Chainlink is already engaging with several nonprofits and NGOs through the Community Grant Program. This includes the UNESCO Global Education Coalition, which was awarded a grant to accelerate blockchain education and development around the world. It also involves working with non-profits/NGOs to co-sponsor hackathon prizes for social impact. Chainlink recently partnered ...

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