We strive to create the best open source decentralized platform for the Internet of Everything, and consider a vibrant ecosystem to be the single most important pillar in realizing this vision. With tWe strive to create the best open source decentralized platform for the Internet of Everything, and consider a vibrant ecosystem to be the single most important pillar in realizing this vision. With this core philosophy in mind we have allocated 10 million dollars to support as many ecosystem efforts as possible.
In IOTA we firmly believe that a single demonstration outweighs a thousand presentations. A Proof of Concept takes a vision from the abstract realm of ideas and transforms it into a tangible concept others are inspired by in the real world, it conveys the vision better than any whitepaper, article or presentation ever could. If you are a developer, or a team of developers, this is your opportunity. Whether you are a Maker, IoT start-up or a Distributed Ledger enthusiast we welcome you to explore the many possibilities of new applications that are possible to realize through IOTA’s unique distributed ledger technology. Regardless if it be something relatively simple like adding some sensors to a Raspberry Pi which is then secured and sell data through IOTA or something significantly more complex, the IOTA Ecosystem Fund exist to make it a reality.
This 10 million dollar fund is entirely dedicated towards fostering growth of the open source IOTA project through providing a concrete incentive for participation in expanding and shaping this ever growing ecosystem.
The way that the funding works is simple and straight forward. You apply, then some of our representatives will get back to you, ask some more questions and define the deliverables of the project with you. After the terms has been agreed upon the non-profit IOTA Foundation will approve the project and you will receive the first payment and the project will officially commence.
To read more about the scope of the IOTA Ecosystem Fund and perhaps some inspiration, check it out here:more
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