We evaluate each application based on:

• The uniqueness of the project.
• How much it would benefit the Flare ecosystem.
• The team’s ability to execute the idea, including a well-defined go-to-market strategy and roadmap with clear milestones.
• Integration of Flare’s data acquisition protocols: the Flare Time Series Oracle (FTSO) for time series data such as currency pairs, or the Flare Data Connector to retrieve information from other blockchains and the internet.
• Previous blockchain development and go-to-market experience.

Each grant is determined based on the project’s scope and requirements, ensuring appropriate funding for its success. Grants are awarded in several instalments, in alignment with pre-agreed milestones. This approach ensures ongoing progress and effective use of funds.

We invite applications in various categories, especially:

1. DeFi dapps: This includes innovations in lending, borrowing, derivatives, and more, all aimed at creating a more inclusive and accessible financial ecosystem.
   
2. Non-DeFi dapps: including NFTs, NFT marketplaces, RWA, SocialFi, GameFi, Metaverse,  applications that operate across multiple blockchains, and solutions enhancing liquidity and asset transfer across ecosystems. We are looking for innovative applications that go beyond traditional use cases.
3. Infrastructure enhancements: Developments that significantly enhance the utility, scalability, and efficiency of the Flare blockchain are highly encouraged. This includes, but is not limited to, solutions for improving transaction speeds, security enhancements, wallet integrations, and suggested optimizations of the FTSO, the Data Connector, FAssets, and LayerCake.
4. Social impact and community projects: We value projects that use blockchain technology for social good, including initiatives in areas such as decentralized governance (DAOs), community-driven projects, and solutions addressing real-world challenges through blockchain applications.
5. Educational and developer tools: Initiatives aimed at educating the broader community about blockchain technology, as well as tools and resources that empower developers to build more effectively on the Flare network. This includes educational platforms, developer frameworks, and resources that enhance understanding and accessibility of blockchain technology.
6. Experimental and innovative concepts: We are open to groundbreaking ideas that may not fit into traditional categories. If your project is experimental, pushing the boundaries of blockchain technology, or exploring uncharted territories in the blockchain space, we want to hear from you.

Each of these categories represents a crucial part of the Flare ecosystem’s growth and evolution. We encourage applicants to clearly articulate how their project fits into these categories and contributes to the broader vision of the Flare ecosystem.

1. Initial Submission: fill in our online application form with details of your project. Make sure you showcase a clear, long-term strategy, including a description of your methodology, a map of the tech architecture of what you will be building, a roadmap with achievable and measurable goals, as well as budget and project impact. It should demonstrate how your project aligns with the Flare blockchain’s capabilities and objectives. Please feel free to add anything to the application that assists our team better understand your project, e.g. video walk through of MVP.
2. Screening: our Grants Committee will perform the required due diligence on the project and review your application for alignment with our goals and criteria. If your application is short-listed, you will receive an email invitation to an introductory call with our Grants Committee members.
3. Milestones definition: the Grants committee will give feedback on the suggested deliverables and milestones. Grant applicants will get a chance to adjust their project goals accordingly.
4. Contract: once your proposal is approved, you will be required to sign a grant agreement that will set out the terms and conditions of the funding.

• Milestone review & funds release: there will be regular reviews between Flare and the project team. Each grant instalment will be supplied upon completion of the respective milestone. 

On average, the project review and proposal finalisation takes just a few weeks.

Flare gives developers access to the broadest range of data, provided in a decentralized manner, at scale, low latency and minimal cost – price & time series data, blockchain event & state data, and web2 API data. Flare is an EVM smart contract platform specifically designed for the intensive data demands of the next generation of blockchain applications, including Machine Learning/AI, RWA tokenization, gaming and social.