What is CCF I?

Celo Community Fund I (CCF I) is the first community approved spend proposal from the on-chain Community Fund (explorer). Community members seeking funding can apply to CCF I, which is managed by three community stewards, or they can submit their own governance spend proposal to be voted on by CELO owners.

CCF I supports projects that share Celo’s mission. If you're building something on Celo then get in touch and let’s discuss how we might be able to help you.

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What is Celo Community Fund (CCF I)?

Focus Areas

Our focus is to support the following areas:

On/off ramps
On/off ramps
CELO/fiat or cUSD/fiat CLOB exchange pairs, fiat-to-crypto software, P2P platforms, wallet integrations, point-of-sale integrations, e-commerce integrations, etc.
Community tools
Community tools
Desktop/browser/hardware wallets, developer tools, governance voting applications, block explorers, validator metrics dashboards, etc.
Research & Education
Research
Support people and projects that want to conduct research. This can include both technical and non-technical areas relevant to Celo.
Others
Education
Create educational content, host Celo related talks. We are also open to considering other great teams/projects that might be beneficial to Celo’s mission/ecosystem.

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Grants Process

Here’s how the Celo Community Fund CCF I process works, from application to finish line.

Step 1: Choose a Category

If your project fits into one of these 4 grant programs and aligns with the Celo mission, you’re a candidate for the Community Fund. Join Discord and reach out.

Step 2: Submit your Grant Application

Make sure you thoroughly complete the application form and clearly state how your project will contribute to the Celo ecosystem. Please review the Grant Application Terms and Conditions before submitting.

Step 3: Evaluation & Approval

The Stewards will review your application in the order it is received. If your proposal meets the program criteria, you will be invited to an interview with two committee members.

Step 4: Acceptance or Denial Notification

All applicants will be notified whether their application has been accepted or denied. If your application is accepted, at this point, you will go through the agreement formation process.

Step 5: Build and Launch Your Project :)

Get started with the tutorials, learn about the SDK and explore the codebase.

Frequently asked questions

Individuals and business entities that are aligned with Celo’s mission, comply with KYC/AML policies and Terms and Conditions are eligible.
If your application is accepted, we will send you the grantee agreement and the KYC/AML questionnaire.
The Celo Community Fund CCF I will provide grants based on the amount needed to achieve the applicants objectives as well as the anticipated value added to the Celo ecosystem. We expect to fund a majority of projects in the 'Medium' range.
  • Small: 10k cUSD or less
  • Medium: between 10k-50k cUSD
  • Large: more than 50k cUSD
Each applicant will create their own project plan and commitment based on their availability. We expect a minimum commitment of 8 hours/week or more from the applicants.
We expect the applications to create their own objectives and key results to measure your progress? (Reference for OKRs).
Stewards can request changes to key results and will have sole discretion to determine completion percentage.
The three Celo Community Fund CCF I stewards will make grant decisions. In some cases, if additional expertise or help is needed they may enlist help from Celo community members or subject matter experts. However, the final decision will be made by the stewards.
Payment will be made every last Friday of the month. Typically, the payment schedule will be as follow:
  • Small project: full amount is sent once the grant is approved
  • Medium: $10k initial payment and rest after 50% completion
  • Large: 25% initial funding and the remaining balance is paid at 50% and 75% completion rate. For instance, for a $100k project, payment will be made at the beginning ($25k), at 50% mark ($37.5k) and the remaining balance at 75% mark ($37.5k)
Note it is under the stewards' discretion to change the payment terms according to the type and needs of the project.
The CCF I provides grants without taking any equity. But we do expect projects to be professional and give back to the community. See below for details.
  • Meet project milestones and communicate effectively with the stewards if deadlines change
  • Help other projects within the Celo community as a sign of appreciation
  • Serve as ambassadors of Celo in the larger crypto community

Meet the Team

Deepak

Deepak is the founder of MultiSig, a security company. He got involved in the Celo community by helping lead the validator audits during the stake off challenge.
He is an advisor at cLabs and thinks about the security of the Celo ecosystem. He teaches Yoga and mediation at Celo Jogo, a community led wellness platform.
He earned his Master degree in Information Security from Purdue University.

Deepak

Patrick

Patrick is the founder of Moola, a money market protocol built on Celo that is democratizing access to yield and credit.
He is also general partner of Validator Capital, a certified master validator that receives foundation votes, and contributes to the price stability for Celo stablecoins.
He earned a B.S. in Business from Wake Forest University.

Patrick

Dee

Dee is the founder of Usopp’s Club, a genesis validators which launched the Celo blockchain in April 2020.
He is a self-taught coder who has built a complete Android application and created a popular wallet for a top 30 blockchain project.
He has a Masters degree in Business Management (France).

Dee

Grant Application Form

For makers, doers, builders and entrepreneurs. Get Involved. Contribute to Celo and build on top of a global payment infrastructure. Help us build a more inclusive financial system. We might be able to help you bootstrap your journey.

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Contact Us

Do you have any questions?

Feel free to contact us on discord or by email, and we'll revert back to you.

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