Application & Requirements
How to apply for an ATLETA Grant
* Processes may vary according to an applicants reputation. ** Repeat applicants have a fast-track turnaround time for responses.
Quick Start Guide:
1) Submittal - Fill out the application form. 2) Screening - Application Review & Team Evaluation 3) Decision - Responses to participants and announcement about outcome of results. 4) Onboarding - Specify terms, 5) Support - provide technical and marketing assistance 6) Delivery - Ship final product/result and gather feedback. 7) Closure - Close Grant, Open applications for entity again, settle payments.
Step 1. Submittal
Getting started with the grant program is as simple as filling out the official application that can be found here: "Official AGP (Atleta Grant Program) Application"
Provide basic contact and team information
Articulate your position as thoroughly as possible. From your product's purpose and uniqueness, to your user acquisition strategy, thesis, community strategy, etc. The more information you can provide at this stage, the further it will get you. Feel free to provide calculations in your responses; numbers help translate stories.
Specify Milestones. Milestones will define the structure of tranches for delivering funding. While this will depend greatly on the use case, it is generally recommended to breakdown any objective into 4-8 checkpoints.
Specify Grant Size. Users can request any arbitrary amount, in any currency; however, as a rule of thumb, it is most effective to aim for the 5,000 - 100,000 $ATLA range.
Step 2. Screening
A multi-step phase starting with a filtering though the "Selection Criteria" to remove the unacceptable candidates: missing/obfuscating key info, spam, duplicates, absence of relevance to ATLETA.
Process time: <48 hours
With a clean slate, a thorough initial diligence process begins. Ultimately, the lens for evaluating a candidate boils down to a criteria of four points:
Ability to Execute - What type of success / traction will you demonstrate up to milestones?
Technical Innovation - How does your proposal contribute to the Atleta platform?
Market Opportunity - How does your proposal translate into increased usage of Atleta?
Mission Alignment - How do you support the Atleta Mission?
After reviewing and cross-referencing all the information provided in the application, it will be scored; and if above the minimum threshold, the applicant will be contacted to set up a brief preliminary meet and greet. (general introduction to providing more info, clarifying things, and share updates)
Estimated time to Invitation: ~4/8 weeks
Step 3. Decision
Taking the quality of the original application submittal, interview availability, duration of business/technical review; it is to be expected that all proposals are addressed, participants notified of the outcomes and within 90 days of origination.
Follow-up review takes place 7-14 days after the first
Applicants will be notified via email/TG group with the results of their submission.
Outcome is publicized and communicated with Atleta & broader crypto community.
Estimated time: ~12/14 weeks
Step 4. Onboarding
The final step. Approved applicants will be scheduled for a comprehensive video conference to address any final questions and confirm all term specifications. The project is then:
briefed on the legal aspects
assigned a member to provide technical/product support
given an agreement to sign
deployed its first tranche
Estimated time: ~1 week
Step 5. Ongoing Support
For the entire duration of a grant program, assistance is provided in a multitude of ways, from assigning dedicated support members to guide them with any questions that might arise.
The Foundation will monitor progress to provide help ad hoc.
ATLETA will provide co-marketing efforts
Milestones achieved, tranches deployed.
Estimated time: Undefined
Step 6. Delivery
Upon satisfying the requirements of the initial grant application with the delivery of the final product/result, a macro-review takes place to assess the quality of the result with live feedback trial.
Announcement is made, Additional marketing support may be also provided.
Product is launched to the public and feedback is gathered
14 day trial period
Estimated time: ~2 weeks
Step 7. Closure
The final formality in the lifecycle of a grant; assuming there were no critical issues, the application is marked as completed and sealed.
Applicant is notified about date of final tranche release
Grant removed from active board
Estimated time: ~48 hours
Requirements:
Code must be Open Source All code produced as part of a grant must be open-sourced, and not reliant on closed-source software for functionality. Apache 2.0, GPLv3, MIT, or Unlicensed repos are acceptable.
Information Provision As much information must be provided as possible during the application and onboarding processes; withholding or providing false information will result in automatic discontinuation of relations.
No Parallel Token Sales For the duration of a project's involvement in the AGP, token sales are forbidden. Hosting a token sale after or having applying when have completed one earlier, is acceptable.
Qualitative First Approach Some things are impossible to measure objectively, quality being the prime example. Quality in communication, product functionality, presentation, and so on, will be more important than the speed it was done at.
Singular & Consecutive Execution Theoretically, a team/project/individual can simultaneously apply for as many grants as they like; however, every individual entity will only be ascribed ONE grant. Multi-problem and duplicate proposals shall be discarded; therefore, we encourage participants to complete their tasks fully before applying for they next grant.
Do No Evil Lastly, we do not fund projects that actively encourage gambling, illicit trade, money laundering, or criminal activities in general.
Want funding and support?
Ready to build the next best Dapp?
Think you have what it takes to supercharge ATLETA's architecture? Apply here 👉 "ATLETA Grant Program"👈
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