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Stellar Development Foundation

The Stellar Development Foundation (SDF) is a non-profit organization that supports the development and growth of the Stellar network, an open-source blockchain designed for payments and remittances. SDF aims to create equitable access to the global financial system by leveraging this technology. The Stellar Community Fund (SCF) is a key program that provides grants and support to teams building on the network.

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Description

The Stellar Development Foundation (SDF) is a non-profit organization that supports the growth and development of the Stellar network, an open-source, decentralized protocol for digital currency and low-cost financial transfers. The Stellar network allows for cross-border transactions between any pair of currencies and is designed to be faster, cheaper, and more energy-efficient than most blockchain-based systems. It is a public network, meaning anyone can build on it, and no single entity, including the SDF, controls its activity. The SDF's mission is to create equitable access to the global financial system by providing resources, developer tools, and funding programs for businesses and developers. One of its main initiatives is the Stellar Community Fund (SCF), a community-driven program that offers grants (up to $150,000 in XLM) and mentorship to support projects from ideation through launch and growth on the Stellar and Soroban platforms.

Stellar Development Foundation

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Technology & Skills