Bitcoin Innovator Grant is a community-led grants program that fosters community growth and innovation in the RootstockCollective by serving as a gateway for teams building on top of Rootstock using RIF.

Bitcoin Innovator Grant supports the next generation of Rootstock builders/contributors by:

• Funding innovative projects backed by strong teams with creative ideas that benefit and strengthen the Rootstock and/or RIF ecosystem. Products and initiatives can be aimed at:

• Increasing TVL and other blockchain metrics.

• Expanding the capabilities and utility of RIF.

• Empowering the community with accessible and novel insights.

• Growing RIF through stimulating demand, expanding utility, and accelerating transactional velocity.

• Fostering a strong and inclusive culture around Rootstock to:

• Attracting and retaining the best contributors, and

• Encouraging the development of new and creative solutions to key areas in the Rootstock and Rootstock Collective DAO.

Program details:

• 10 grantees (very tightly curated by the Foundation with support from RLabs)
• 0.805 RBTC, equivalent to approx. $50,000 USD at today’s rate, grant with an initial payout of 0.0805 RBTC, equivalent to approx. $5,000 USD. Subsequent payouts based on milestones.
• KYC and due diligence will be performed as assertion from RLabs to the Foundation (since all 10 have been through due diligence with RLabs previously)

Legal: No U.S. persons or U.S.-based companies. Full List: USA, South Sudan, Iran, Syria, North Korea, Myanmar, Democratic Republic of the Congo, Mali, Burkina Faso, Yemen, Haiti, Russia and Ukraine territories occupied by Russia.