Hey Polygon fam! We’ve got an update. Let’s dive in!
Program Snapshot
- Total Budget: 500K POL
- Allocated: 435K POL (87% of total budget)
- Focus: Driving Polygon ecosystem growth through Farcaster Frames
- Applications are now closed!
Application Insights
We’ve seen a massive surge in applications this week! Here’s where we stand:
- Total Applications: 62 ( 77% increase from last week!)
- In Review: 38
- Approved: 13 (2 new approvals this week)
- Rejected: 11
Welcoming New Projects
Let’s give a warm welcome to our newest additions:
- EZFrames: No-code Farcaster Frames builder
- Frame.invest: Bringing DeFi to Farcaster through Enzyme Finance integration
Milestone Madness
We’re thrilled to see strong responses from many teams on their milestone and metrics plans!
As projects kick-off, we want to emphasize the importance of hitting milestones. Teams that struggle to meet targets or fail to communicate improvement plans may be dropped from the program.
Key points:
- We’re pushing all projects to complete their milestones by the end of the year
- Regular check-ins and progress reports will be required
Marketing Buzz
- We launched Gitcoin Grants this past week, which is contributing to our application surge!
- Our team has been working tirelessly, responding to dozens of applicants and fine-tuning project details.
What’s Next?
- We expect to allocate the remaining budget (about 65K POL) in the week ahead
- We’re in the final stretch of application reviews
- Expect more exciting project announcements soon!
- We’ll be closely monitoring early milestone progress
Keep Building, Frens!
The Polygon x Gitcoin Farcaster Frames Program drives innovation and growth. The community’s response blows us away, and we can’t wait to see these projects come to life!
Got questions? Join our Telegram: https://t.me/+nAgNOK9rd9YwYWRh
Let’s keep building the future of Web3 together!