NEAR’s ever-growing and engaged community is one of the ecosystem’s greatest strengths. Remember the NEAR Foundation Grants team’s Refer-and-Earn Program? A number of NEAR community members participated in Refer-and-Earn in early 2022, resulting in grants for dozens of exciting projects currently building on the NEAR ecosystem.  

The Foundation has had the pleasure of seeing the community being a key contributor in providing ecosystem support and building dapps. The community does this in a number of ways, including running and sponsoring events, educating developers and entrepreneurs on the benefits of NEAR, bringing projects with active user bases from other chains, and so on.

NEAR Foundation wants to build on the community’s successes through a new incentive structure that aligns with the Grants Program (more information can be found at the Grants Program Handbook here bit.ly/Grants-Program-Handbook). 

The  payout for each project referred will be awarded a total of 10% of the project awarded grant amount. This amount is awarded in nUSDC (wrapped USDC on NEAR) and is calculated at the end of each quarter.

The first half of the 5% will be awarded at the point of the contract signed.

The second half of the 5% will be awarded once all project milestones are completed. 

Refer-and-Earn: Q3 Qualified Projects

The NEAR ecosystem receives a number of your recommendations and referrals. A total of 12 quality projects emerged from Refer-and-Earn, each aligning with NEAR Foundation’s Grants program objectives. 

In no particular order, here are the Q3 2022 qualified projects: 

Scene 

Azadi Record

Vital Carbon 

Metavision Games 

Murder Mystery Collective 

MetaLordz 

Klabrate and ClimaFi

Meteor wallet 

Mintmade 

NEARKai

EVIE Marketplace 

Autify 

The Grants team has reached out to all Refer-and-Earn referrers. Thanks to your help and support, the Grants team is able to support innovative projects like those listed above. 

Start referring projects to NEAR Grants today

The Grants team would like to extend an invite to those yet to participate in the Refer-and-Earn program. To get started, head over to the NEAR Grants Program Referral Initiative page. 

Please note that only projects receiving a grant directly from NEAR Foundation will be eligible for the Refer-and-Earn bonus. And only the first recorded referral will be paid out—duplicate records will not be considered. NEAR Foundation no longer supports DeFi-related projects. 

All referrals are calculated at the end of each quarter and only eligible referrals will be contacted. 

Please contact grants@near.foundation for additional information or inquiries.

The post Refer-and-Earn Guidelines Update: Q3 2022 appeared first on NEAR Protocol.