OceanDAO Round 17 Results
26 proposals received and 345,644 OCEAN granted
OceanDAO Grants
Hello, Ocean Community!
The OceanDAO is honored to share the results of the 17th round of our community grants initiative:
- A total of 345,644 OCEAN was available.
- Conversion rate of 0.29 OCEAN/USD.
- A final amount of 100,000 USD (at the time of voting deadline) was available for grants.
All funds that were not granted will be recycled back into the treasury as part of our initiatives to continue leveraging treasury funds into greater outcomes.
Round 17 included 13 first-time projects and 13 returning projects requesting follow-up funding.
- 345,644 $OCEAN have been granted
Congratulations to all grant recipients! These projects have received an OceanDAO grant in the form of $OCEAN tokens.
For the full vote results please see the Voting Page.
You can view the expanded proposal details on the Round 17 Ocean Port Forum!
OceanDAO Round 18 and announcements will be live shortly. Ocean Protocol is dedicated to ever-growing resources for continued growth, transparency, and decentralization. Keep an eye out on Twitter @oceanprotocol, @oceandao_ and our blog for the full announcement and new highlights.
For up-to-date information on getting started with OceanDAO, we invite you to get involved and learn more about Ocean’s community-curated funding on the OceanDAO website.
We encourage proposers who did not win to re-apply and for every participant to vote for projects who applied for a grant.
Thanks to all proposers, participants, and voters who engaged in Round 17!
OceanDAO Round 17 Results
You can find the final results on the Oceanpearl Leaderboard, or for a fully detailed overview on our Round 17 — Votes page.
Round 17 Rules
Proposals with 50% or more “Yes” Votes received a grant, until the “Total Round Funding Available” is depleted in descending number of votes received order.
Claiming your Grant
If your Proposal was voted to receive a grant, you have 14 days to claim your granted $OCEAN: here
You can find instructions on claiming your grant here.
Deadline to claim your grant (claiming for grants is after this period):
May 23rd, 2022, midnight UTC
Funding Tiers — All Categories (max per team):
- New Project
- Funding Ceiling: $3,000 USD
- Requires: No one in your project has ever received a grant from OceanDAO. Open to all.
- Benefits: Earmarked. Receive feedback during the application process. Introduced to related projects.
2. Existing Project
- Funding Ceiling: $10,000 USD
- Requires: You have completed 1 or more grants.
- Benefits: Same as above. Receive promotion via Newsletter, Twitter, and other channels.
3. Experienced Project
- Funding Ceiling: $20,000 USD
- Requires: You have completed 2 or more grants.
Earmarks
“Earmarks” means that there are funds available exclusively to the first three groups listed below, without having to compete as an incentive to apply.
- 15,000 OCEAN for New Teams (non-outreach category)
- 9,000 OCEAN for New Teams (outreach category)
- 35,000 OCEAN for 2nd/3rd Time Teams (all teams)
- 26,000 OCEAN for Core Tech Initiatives (listed below)
- 115,000 OCEAN for remaining General Grants
To distribute 100,000 USD, earmarks were adjusted based on the same distribution for a total of 345,644 OCEAN. The final numbers distributed are as such:
- 25,923 OCEAN for New Teams (non-outreach category)
- 15,554 OCEAN for New Teams (outreach category)
- 60,488 OCEAN for 2nd/3rd Time Teams (all teams)
- 44,934 OCEAN for Core Tech Initiatives
- 198,745 OCEAN for remaining General Grants
The grant proposals from the snapshot ballot that met these criteria were selected to receive their $OCEAN Amount Requested to foster positive value creation for the overall Ocean ecosystem.
- Voting opened on May 5th midnight UTC
- Voting closed on May 9th midnight UTC
Proposal Vote Results:
- 26 proposals submitted
- 15 funded or partially funded
- 151 Unique Wallets Voted (That’s ATH, and more voted via delegation)
- 5,955,911 $OCEAN voted Yes on proposals
- 317,810 $OCEAN voted No on proposals
- 6,273,802 $OCEAN Tokens voted across all proposals
- 212,176 $OCEAN has been granted
- 0 $OCEAN will be returned to the treasury
Winning Proposals
Compare: Oceanpearl Leaderboard
Including: partially and completely funded projects
Due to having introduced Quadratic Funding, we are able to fund more projects. Most are partially funded (exact amount in landing pages), hence appear in one list.
General Grants
Ocean Ambassadors: Project Flagship marks a key step in the decentralization of Ocean Protocol: the Ocean Ambassador program will get its funding from OceanDAO going forward.
DATALATTE: Share your data to Earn passive income! We empower internet users to monetize their own data and provide data scientists with access to non-identifiable users’ data using AI Feature Store at an affordable price.
Core Tech
Algovera: Algovera is a DAO for data science teams building decentralized AI apps on top of Ocean Protocol.
Opsci DAO: Opsci is an initiative to bootstrap an Open Science Data DAO that will generate datasets and algorithms to host on our fork of the Ocean Marketplace and will provide templates for other groups to replicate our efforts leading to new future proposals.
Athena Equity: A data brokerage who’s primary objective is to drive inflows of data and datasets to the ocean platform through the development of partnerships with data producers and data scientists. Building the data verification layer for ESG.
New Entrants
Unity to Ocean Uploader: Editor tool (script) on unity’s nav bar, that let’s you choose a scene to upload it to the Ocean Marketplace.
Autobots: Autobots seeks to build a location based plugin that will collect decentralized navigational data from vehicles such as cars, trains, motorcycles and travellers and in turn incentivise the data providers.
4th Wall: Bring real-time TV & movie streaming data to Ocean Marketplace
DoDAO — Onboarding and Education Platform for DAOs/Blockchain Projects: Will create a white-labeled site for Ocean DAO and will create educational onboarding and how to guides for new members
New Outreach
Predictive Model for Borrowing Cost of Popular DeFi Protocols: Test models trained on Compound Protocol on unseen data and build an application to interact with the models.
The Web3 Ocean Podcast: The Web3 Ocean Podcast is at the intersection of Audio, Blockchain, Community and Data. In Season 1, we aim to feature the worldview of Bruce Pon & some of the community members from the Ocean Protocol. We need it before the Ocean V4 release. We have started incorporating the feedback from the community as we shape our episodes.
2nd/3rd Time Proposals
WeDataNation: WeDataNation offers an anonymous and secure platform for user data aggregation. It’s simple. Users can upload their data from social media , e-commerce, gaming, streaming and Web3 apps on WeDataNation. Their data runs through algorithms (in an anonymous way) and is pooled into a dataset. Insights of the dataset can then be purchased by various players such as marketing agencies to leverage their marketing strategy. The revenue that is generated is shared between all users.
The Data Shift: Decentralised data wallets for users to build and store their verified datasets in the form of DataNFTs. This allows for monetisation through Ocean as well as connection to dApps to enable futuristic data-sharing, designed for optimization.
PGWG Rewards: Coordinape circle & rewards for Project-Guiding Working Group (PG WG) to review proposals, provide support, insights, and connecting participants across the OceanDAO ecosystem.
DeadmanDAO Web3 Hacker Network: Create a decentralized network analytics data pipeline for team-builders to find Web3 hackers and to understand the developer-developer multilevel network.
OceanDAO Ecosystem
Continue to support and track progress on all of the Grant Recipients inside of Ocean Pearl or view our Funding History page to learn more about the history of the grants program.
Much more to come — join our Town Halls to stay up to date and see you in Round 18. Thank you!
Follow Ocean Protocol on Twitter, Telegram, LinkedIn, Reddit, GitHub & Newsletter for project updates and announcements. And chat directly with other developers on Discord.
