The document discusses an opportunity for the EOS Network and ENF Grants to create value by building software for Cignals. It highlights the current limitations of the grant framework and suggests that Eden fractal can provide a more efficient funding mechanism for creators. The document also mentions the potential benefits for the community and the author's own creative projects.
Opportunity for EOS Network and ENF Grants
I’d also like to speak with developers about building software for Cignals. I think we have a major opportunity to create value for the EOS network and we should apply for an ENF grant to build this soon.
The ENF has a problem and a huge opportunity that they’re currently missing- the grant framework is barely able to effectively fund technical development because there is so much demand for funding and very few people at the ENF with the time/ability to review proposals for technical development…..
AND they have super low capacity to fund less technical creative work, which is greatly needed by the community. There’s not even any place for creators to go for funding in eos other than pomelo, which only has like 180k per quarter and prob 70% of that already goes to developers. So the EOS Network only has like a 40k quarterly budget to attract all creators and influencers. I’m a super active community leader and builder and I wasn’t even aware it was possible to raise funding in the grant framework for nontechnical projects - there is almost no good funding mechanism marketed from eos network where creators can earn without getting a traditional job like I did for eos nation.
Eden fractal can provide this essential service to the eos network and make the network vastly more efficient at funding creators. Zack already suggested this. This is greatly beneficial for eos network. It’s also greatly beneficial for creators and humanity. And it’s also greatly beneficial for Eden fractal - it gives Eden fractal another form Of soft recommendation power over a very significant amount of funding. Zack already shared the number of 20k as an example. So we could ask for that as a start. This could lead toward Eden fractal distributing hundreds of thousands or millions of eos each quarter and fulfilling a role similar to ENF for the network in terms of how much funding Eden fractal can direct.
It’s also greatly beneficial for me and thereby everyone in the community who I help promote. Building this cignals feature enables me To ask for funding and recruit help for the list of creative projects above like creator talk, fractal beats, rhythm.so, , etc