Harmony is driving blockchain adoption by building bridges to all networks.
Below are the strategies and the execution plans for growing Harmony Ecosystem with our $300M+ treasury fund.
There are currently 8 ways to receive funding. They are explained in more detail on harmony.one/apply.
To apply, write out a post on this forum in one of the 8 categories. You should follow the funding guidelines to apply for the appropriate amount of funding that fits the stage of your project.
|1. DAOs||up to $1M per DAO||100 DAOs ($50M). Governors of each DAO have delegated autonomy over its assets and initiatives. Harmony helps define 3 broad mandates, recruit 9 governors, define the deliverables and metrics for the first 3 months, and fund at maximum $1M. We recommend $75 to $350 per hour as the self-assessed salary, 3-month election terms, retroactive peer bonus and performance feedback, 80% passing votes, and openly tracking timesheets and deliverables for each member.|
|2. Bounties||$10K-$200K per bounty||1000 Bounties ($30M). Hunters of each bounty can be anonymous and without commitment. Harmony helps define the scopes, the estimated hours and the deliverables of tasks. We recommend $10K-$200K as a bounty’s reward, small teams of 1-3 persons engaging over 3-12 weeks, and effective hourly rates of $110-$185 – focusing on engineering tasks for our systems, networks, protocols, tools, middle-wares, and services. In contrast, our development DAOs can manage tasks smaller than $10K while business DAOs can incentivize non-technical tasks.|
|3. Partners||$1-10M per partner||10 Partners ($30M). Owners of each partner drive business and corporate development. Harmony commits to cross-chain adoption with industry-leading projects. We recommend $3-5M for each liquidity or marketing campaign over 6-12 months, $5-10M for each acquisition of small teams, and $1-3M for seeding a regional or thematic subsidiary.|
|4. Grants||$50K-$250K per grant||100 Grants ($20M). Recipients of each grant must have achieved product-market fit. Harmony helps scale these thriving projects via porting to our mainnet. We recommend $50-250K each over 4-8 weeks, on projects already with active 10K users, and engaging their teams in public forums. Prime areas of market growths are Play-to-Earn games, musician fan clubs, investment DAOs, portfolio dashboards, and event and collectible curators.|
|5. Launches||$50K per launch||500 Launches ($20M). Applications of each launch must have prototyped a feature-full product. Harmony helps incubate these founding teams with product development, fundraising, and talent recruit. We recommend a $50K equity-free contribution each: $10K after launching a feature-complete product on our testnet, $10K after mainnet launch, $10K after forming a DAO with its community, and $20K for after 10K users.|
|6. Investments||$250K-$1M per investment||50 Investments ($20M). Tokens of each investment are on-chain and semi-liquid. Harmony helps evaluate technical strengths, market potentials, and ecosystem alignment. We recommend $250K-$1M for each check at maximum $10M valuation, collaborate over events and campaigns, and rebalance portfolio quarterly to diversify.|
|7. Hackathons||$1K-$1M per event||10 Hackathons ($10M). Organizers of each event follow our templates to bring in new builders. Harmony has success with Gitcoin, DoraHacks, ETH Global and Devpost with $2M+ campaigns. We recommend hosting our own quarterly hackathons with $1M prizes each, sponsoring $100K workshops for industry-wide conferences, giving $50K keynotes in regional events, and empowering local organizers – with $1K budget for a 20-people event, $5K for 50, and $10K for 100.|
|8. Income||$75/Hour||$75/hour Income ($10M) . Engage our community and ecosystem partners on talk.harmony.one. Tag @harmonyprotocol in tweets or email us at firstname.lastname@example.org! Visit open.harmony.one for #ONEbasicDAO on “ONE-to-Earn” ($75 per hour minimum pay or basic income) for builders and creatives; or, #ONEmatchingDAO on peer bonus or retroactive funding on artists or communities.|
You may use the direct links to apply: