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Decentralized Grants (CPS - Contribution Proposal System)

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cps

ACTIVE FROM

Feb 15,, 2021 - Dec 31,, 2024

REWARD

bnusd
>1000
bnUSD

ROLES

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Find more Bounties

01.
Web3 Partners Nigeria Builders Day : Create a demo comparison between xCall and another interoperability protocol
02.
Web3 Partners Nigeria Builders Day : Create a cross-chain application
03.
Web3 Partners Nigeria Builders Day : Create a cross-chain developer tool

SPONSORED BY

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Tasks

  1. Familiarize yourself with the CPS, a decentralized grant program that supports developers and teams wanting to build on the ICON blockchain.
  2. Log in/Create an account in the CPS App
  3. Submit your Grant Application
  4. Evaluation by Validators
  5. Proposal decision
  6. Build

Evaluation Criteria

  1. During the “Voting Period”, Validators will vote on your application and either “Approve” or “Deny” your concept. Improve your chances in this stage by answering questions and advocating for your idea.

Instructions

ICON's Contribution Proposal System (CPS) is a decentralized governance mechanism that is governed by ICON Network Validators, built to support developers and teams wanting to contribute to the ICON blockchain.

The CPS eliminates the necessity of a central authority in grant decision making processes and provides an opportunity for ICONists to pursue new initiatives and accrue governance rights within the network.

This Decentralized Autonomous Organizations (DAO) is one of the first steps towards the migration of the ICON Network into a fully operational DAO.

The CPS supports worthy projects through grants from the Contribution Proposal Fund (CPF), which grows through the daily accumulation of block rewards provided by ICON Network inflation.

Additional Resources