String Labs Makes Available Grants for Open Chain Finance projects on Ethereum

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String Labs out of Hong Kong has announced a Grants Program for open chain finance projects to further support community initiatives for  between $2,000 to $10,000 per project. In addition, if it’s directly related to their autonomous finance DAO (mirror asset / credit system), future DAO tokens would be considered.

Open chain (a.k.a public Blockchain) finance are crucial to unleashing the power of Blockchain via true disintermediation. Unlike private or federated chains that mostly optimize for financial incumbents, open chain finance directly help end users around the world to send value, invest or borrow via smart contracts or DAO (Decentralized Autonomous Organizations), including anyone in the 2.5 billion un/underbanked who has a $4 smartphone. This will further inspire a new wave of smart contract developers to re-imagine finance.

Guidelines / Criterias

  • Open source under MIT or similar licenses, and designed to run onEthereum public chain.
  • Clear deliverables for next 6-12 months. Strong plus for projects with existing code or research paper.
  • The grant will not take any equity or commercial interest in your project.
  • Good examples of proposals we’re interested in: Financial exchange clients, mobile wallet, peer-to-peer DApp store, innovative financial protocols, etc.
  • We have a nice office space in Mountain View, California (Silicon Valley) that we encourage grant winners to utilize/co-work with our team with rent covered, but also open to any international applicants.

First batch of grants deadline will be Jun 31st, 2016. Each grant will be reviewed and awarded on a rolling basis.

What should a proposal describe?

  • The project’s goal, scope and how it is better than a centralized financial application equivalent (if exists)
  • Team member’s relevant coding, research experiences and Github repo
  • The amount of funding requested ($2k — $10k)
  • Communication channels on updates

Submit your proposal

Email: grants@string.technology

About Richard Kastelein

Founder of industry publication Blockchain News, partner at ICO services collective CryptoAsset Design Group (helped raise over $200m+), director of education company Blockchain Partners (Oracle Partner) and ICO event organiser at leading industry event  CryptoFinancing (first ICO event in Europe) - Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of half a dozen Blockchain startups and has written over 1200 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat.
 
Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London, Manchester, Minsk, Nairobi, Nanchang, San Mateo, Shanghai,Tel Aviv and Venice. His network is global and extensive.
 
He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He's written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com and his work and ideas have been translated into Dutch, Greek, Polish, German and French.
 
A journalist by trade, an entrepreneur and adventurer at heart, Kastelein's professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he's travelled for nearly 30 years as a Canadian expatriate living around the world.
 
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, "The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he's raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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