How to Quickly and Successfully Apply for the Technical Grant

After ChainX was fully open-sourced, it launched a series of subsidy programs, of which the technical subsidy amount was up to 50,000 USDT. How can we successfully pass the application and successfully obtain the Grant?

The development in line with the ChainX roadmap is the primary consideration of the ChainX open source Grant plan.

First of all, ChainX is an asset cross-chain gateway ChainX is a cross-chain gateway for digital assets and will become an asset cross-chain hub in the blockchain world. ChainX transforms assets between chains through decentralization. As long as any chain establishes a connection with ChainX, it can communicate with all chain assets.

Therefore, if you plan to develop a transfer bridge for cross-chain assets, this will be a very good direction, but it is best to link more valuable assets, the following assets are only for reference: Ethereum (Ethereum), ZCash (a kind of encryption Currency), Tezos (“baked”), Cosmos (a cross-chain project), Consortium chains (consortium blockchain).

The development in line with the ChainX roadmap is the primary consideration of the ChainX open source Grant plan.

First of all, ChainX is an asset inter-chain gateway ChainX is an inter-chain gateway for digital assets and will become an asset inter-chain hub in the blockchain world. ChainX transforms assets between chains through decentralization. As long as any chain establishes a connection with ChainX, it can communicate with all chain assets.

Therefore, if you plan to develop a transfer bridge for inter-chain assets, this will be a very good direction, but it is best to link more valuable assets, the following assets are only for reference: Ethereum , ZCash , Tezos , Cosmos , Consortium chains .

If your application passed the parliamentary review. The council will negotiate a more reasonable distribution method based on the milstone of the project, the schedule and the team. But the council does not want the team to rely entirely on Grant to complete the preliminary development.

It is best to complete the development within three months. For projects that take too long, our review will be more stringent. If you can complete the development in a shorter time, it will helps a lot for getting a grant.

Grant’s assessment is mainly based on these dimensions

  • Business value (25%): The market is broad and has business prospects
  • Innovative (25%): Unique idea, breaks conventional thinking
  • Community welcome (25%): The community reacts positively and supports them
  • Participation contribution (25%): effective opinions and suggestions for the ChainX smart contract platform during the development process

Note: Smart contract applications require functional descriptions, portal access links, and successful operation on the testnet!

Whether you are an individual or a team, as long as you have a relatively high overall score in the above areas, or you are particularly outstanding in one aspect, you will be favored by the Parliament.

If you think your idea is very good, but it may not be in the Grant program, or you are not sure if anyone else has applied for the same project, you can send an email to hi@ChainX.org to communicate with us, or contact the council directly.

If your application amount is within 10,000 USDT, the speed of approval will be faster. If your application amount is between 10,000 USDT-50,000 USDT, the review will be relatively slow. But for all applied project we will notify you of the preliminary review results within two weeks.

If you successfully applied for Grant, but you still have a better idea, I hope you can continue to participate in the development. Then you can continue to apply after completing the projects that have received Grant.

Just fill out the google form !

https://forms.gle/Gfnfih3yeCHZFEMc8

About ChainX

ChainX is the largest Layer-2 network of Bitcoin, based on Substrate, and will evolve into the Polkadot Secondary Relay Chain.