Get up to $43.5k in Funding with Ancient8 Grant Program Season 1

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Introduction to Ancient8 Grant Program Season 1

The first season of Ancient8, a layer 2 game network based on Ethereum and the Optimism Superchain, is now accepting applications. This initiative seeks to promote development and innovation in the blockchain gaming industry by providing funds and resources to projects in that field.

An accelerator program called the Ancient8 Grant Program was created to help both new and ongoing blockchain gaming initiatives. By providing tools, money, and mentorship to enable ideas to flourish, its main objective is to stimulate innovation within the ecosystem.

Optimism's Governance Fund provided a $500k $OP grant to support this program. Whether you're a developer looking to expand your work or a new entrant in blockchain gaming, this initiative offers valuable support for scaling and growth.

Season 1 of the program allocates 200k $OP tokens, approximately $348k at current value. Each approved project can receive up to 25k $OP tokens, or around $43.5k, depending on the market rate at the time of funding.

The program is divided into two tracks. One is for existing projects, rewarding contributions to the ecosystem. The other is for new projects, welcoming innovative ideas aimed at enhancing the gaming experience.

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This track is for individuals or teams already contributing to the ecosystem. To qualify, projects must demonstrate active involvement, such as verified contracts, wallet interactions, and measurable impact.

Applicants must show long-term commitment and contributions that support the ecosystem’s sustainability. Submissions for this track close on February 28th.

The A8 Foundation Council will review applications over two months. Afterward, shortlisted projects will enter a community voting phase, where $A8 token stakers decide which projects receive funding. Funding is awarded based on milestone achievements.

The new projects track is open to innovative ideas that focus on enhancing gaming, user tools, content creation networks, and infrastructure. Projects need to have clear goals, detailed budget plans, and demonstrate technical feasibility.

Submissions must align with the ecosystem's growth objectives. Applications must be submitted by February 15th.

The A8 Grant Council is responsible for evaluating proposals. A project cannot be funded unless at least six of the ten council members approve it. Grants are given out in accordance with reaching milestones.

Structure of the A8 Grant Council

The A8 Grant Council is divided into two subcommittees. The A8 Governance Partners include web3 gaming experts like Trung Nguyen, co-founder of Sky Mavis, Axie Infinity, and Ronin. The A8 Foundation Council oversees project reviews and funding decisions.

This structure ensures that projects are assessed by experienced professionals who understand the blockchain gaming industry.

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To apply, check the official blog post for detailed instructions, evaluation criteria, and timelines. Ensure your application meets the requirements for your chosen track, and submit it before the respective deadlines.

Projects that secure funding gain access to financial support, mentorship, and resources to enhance their growth and success.

Ancient8 is not the only player advancing blockchain gaming. The Ronin Network recently launched a $10M Ecosystem Grants initiative, offering up to $300k in $RON tokens per project.

These programs reflect the growing interest in blockchain gaming and the opportunities available for developers to innovate and scale.

Final Thoughts 

Blockchain game companies have a great chance to get resources, financing, and mentorship through the Ancient8 Grant Program. This program provides resources to help you thrive in the quickly changing blockchain gaming industry, regardless of whether you are working on an existing project or developing a brand-new concept.

Don't pass up the opportunity to join this expanding community. Take the next step in creating the blockchain gaming of the future by applying today.