Thread by @SeedCaptainX

🔊 We want to empower great ideas to become successful projects.
⚡️Seed Captain offers a grant of 100k USD! (Excluding the first project that will be incubated, something that will amaze all of you with innovation and real life application)

#ESDT #MultiversX #EGLD

⁉️ Why are we doing this?

1️⃣ Skin in the game - the 100k Grant comes from our own funds, not from the community. We want to show the full involvement of our team and trust in our project filtering system, and confidence in our vision and platform.

2️⃣ For the community - by encouraging high-potential, early-stage projects to use Seed Captain, we ensure that we bring to our community quality projects.

3️⃣ Boost for projects - we enable projects that apply for a Grant to have access to increased financing, grant and then increased funding that involves the Seed Captain community

4️⃣ For the MultiversX ecosystem - An ecosystem evolves by the projects developed on it. We are contributing to the growth and future development of the blockchain we are all part of - @ElrondNetwork

⁉️ How are we going to do that?

📝 Projects that want to apply for the 100k grant will complete the form: forms.gle/qG6zDDJLu75VHw…
💫 Our team will have preliminary meetings and discussions with all projects that apply

☑️ From all the projects that will apply, our team will select 5 projects, considered with the strongest potential
📢 The 5 projects will come before our community, AMA sessions on our channels where they will present their project and vision.

🗳 Our community will be able to choose which projects they would like to receive the grant by voting.
✅ The top 3 projects by the number of votes will receive the grant.

⁉️ How the voting will take place:

1️⃣ Voting will be done from Maiar wallet-we are guarding against bots (1 wallet=one vote)
2️⃣ Voters will have to have one Fire and one Water NFT in their wallet - In this way, we can be sure that the community will be the one with voting power.