HomeCoinsSiacoin (SC)Grants Program Update, November 2022 | by Steve | Nov, 2022

Grants Program Update, November 2022 | by Steve | Nov, 2022

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The Sia Foundation has grant funding available for community contributors! The Grants Program was created to fund research, development, developer tools, and anything else that will support and further our mission of user-owned data while enriching the Sia ecosystem.

Just design a proposal that meets our requirements, submit to our forums, and wait for review by our grants committee. If your grant gets approved, you’re on your way to creating the next great project on the Sia storage network.

Check out our site for more info.

We launched the Grants Program two months ago, and in that time have reviewed three grant proposals. A couple more just dropped this week, but we’ll have more info on those later.

Two have been conditionally approved, and the third is awaiting some updates to the proposal. All three have potential to add great new features and tools to the Sia ecosystem, and we’re excited to see them develop as we move forward.

Let’s take a look at the two approved grants.

Lume Web

Status: Approved

Lume Web is a project that aims to “unify the dWeb” and make strides towards a better web3. With plans for a Firefox browser extension for viewing web3 content, building upon his third party Skynet portal, and creating new educational sites for this new tech, Lume Web wants to be a major player in the still developing space. Longer term goals include a storage drive and filesystem for something similar to Dropbox-like functionality.

Derrick Hammer, Lume’s developer, plans to accomplish these goals throughout 2023. Here’s what Derrick had to say about Lume and his grant:

I believe Lume is going to be the center of web3 and this is giving me a one in a lifetime opportunity to build an open ecosystem and have a stable income to do it, with a decent budget to hire others to get a great (if not the best ideally) output.

Sia Satellite

Status: Approved

Sia Satellite wants to cut down barriers to entry. Currently, someone who wants to use Sia needs to get Siacoins in order to form contracts and pay the hosts who store their data. Sia Satellite will serve as an intermediary who handles all the complicated blockchain and contract stuff, leaving the user to pay for their storage easily with a credit card.

Developer Michael Bulanov submitted an ambitious proposal on a six month time line, and the grants committee recommended splitting up work into multiple parts/grants for more focused progress.

Mike is also a Sia Grants Committee member, and was therefore excluded from the discussion and approval process for Sia Satellite. He kept it simple when asked how he felt after his proposal was approved:

Well, how do I feel… I feel, like, WOW!, I seem to have gone up to the next level of personal development.

The committee has two new grants to sort through, and one to review updates for. We’re incredibly excited to have so many new opportunities to expand the Sia ecosystem with these wonderful community projects.

You can see the list of all proposals here, and our proposal requirements here. See you next month!

p.s.

Want to see more next update? Should we talk about all active proposals instead of just the current list of approved ones? Let us know!

steve#4381 on Discord

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