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What criteria does Chainlink use to select projects for grants in the blockchain industry?

avatarAjayi SeyiNov 25, 2021 · 3 years ago3 answers

Can you provide more details on the criteria that Chainlink considers when selecting projects for grants in the blockchain industry? What factors do they take into account?

What criteria does Chainlink use to select projects for grants in the blockchain industry?

3 answers

  • avatarNov 25, 2021 · 3 years ago
    Chainlink uses a comprehensive evaluation process to select projects for grants in the blockchain industry. They consider factors such as the project's innovation, technical feasibility, potential impact on the blockchain ecosystem, team expertise, and alignment with Chainlink's goals and values. The project's scalability, security, and sustainability are also important considerations. Overall, Chainlink aims to support projects that have the potential to advance the development and adoption of blockchain technology.
  • avatarNov 25, 2021 · 3 years ago
    When it comes to selecting projects for grants in the blockchain industry, Chainlink looks for innovation, technical excellence, and a strong team. They want to support projects that can make a real impact on the blockchain ecosystem and have the potential to drive adoption. Chainlink also considers the project's alignment with their own goals and values, as well as its scalability, security, and long-term sustainability. By providing grants to promising projects, Chainlink aims to foster innovation and contribute to the growth of the blockchain industry.
  • avatarNov 25, 2021 · 3 years ago
    Chainlink, a leader in the blockchain industry, has a rigorous selection process for granting funds to projects. They evaluate projects based on their technical feasibility, innovation, and potential impact on the blockchain ecosystem. Chainlink also takes into account the team's expertise and their alignment with Chainlink's vision and values. The project's scalability, security, and sustainability are crucial factors in the decision-making process. By supporting projects that meet these criteria, Chainlink aims to drive innovation and contribute to the advancement of the blockchain industry.