LONDON (Bywire News) - In the space of a year, Pomelo has established itself as a firm fixture in the EOS ecosystem and has already provided critical funding to those projects that support the network. Now, it’s moving onto its fourth season and another chance to support those projects you love.
Pomelo is a crowdfunding platform in which anyone can request funding for public goods from the EOS community. Donations are weighted from the community, determining how matching funds are divided.
The use of quadratic funding means more matching funds go to projects with more unique donors.
The ENF is providing an estimated $550,000 in matching funds for Season 4 which is set to kick off on November 14th 2022.
The Gems Team’s Season 4 NFT sales, alongside last season’s accrued fees from Pomelo, will boost the matching pool to $385,699.
Overall the donations will break down as follows:
- ENF $350,000
- Pomelo Fees $14,099
- .Gems NFT Sales Target $21,600
These are the dates to keep an eye out for during Season 4:
November 14-December 7: The grant applications will open for public goods. Whilst grants are being submitted, the Pomelo team actively approves ones that qualify for participation.
November 23-December 14: Donations open allowing users to donate EOS to their favourite grants which have an impact on the distribution of the matching pool!
December 14: The Pomelo team then analyses results and distributes the matching pool to qualified grants that succumb to KYC.
Collect Season 4 NFTs
You can do your bit by helping fund the matching pool by collecting season 4 NFTs as all primary sales are donated as matching funds to help achieve the 15,000 EOS goal.
You can also collect Moon Rocks & Grant Collectible packs in order to join the journey.
Get the Moon Rocks
- When: Tuesday, October 11, 13:00 UTC
- Where: The AtomicHub drop or on the harvest.pomelo.io page
- Cost: 2.2 EOS per Moon Rock
- Total supply: 5,000 (4,480 to be sold with 520 reserved for promotional giveaways)
Get the Grant Collectible packs
- When: Tuesday, October 18, 13:00 UTC
- Where: The AtomicHub drop or on the harvest.pomelo.io page
- Cost: 9 EOS per pack of 3 cards
- Total supply: 650 (575 to be sold with 75 reserved for promotional giveaways)
Season 3 Donor & Creator Badges
The season 3 achievement badges have been distributed to donors and creators!
Pomelos' top donors and most successful grant creators all receive badges in the form of NFTs. These are a way of rewarding and denoting the most successful creators achieving the highest funding from the matching pool.
(Writing by Samba Jallow, editing by Klaudia Fior and Tom Cropper)