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Market News

Sei Foundation Launches $10M Creator Fund with Gitcoin

The Sei Creator Fund supports creators across various fields, from infrastructure to live events. Projects at any stage can apply for funding.

Written By:
Jalpa Bhavsar

Last updated: April 9, 2024 5:21 PM
Published April 7, 2024 12:43 AM
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Last updated: April 9, 2024 5:21 PM
Published April 7, 2024 12:43 AM
Sei Foundation Launches $10M Creator Fund with Gitcoin

The Sei Foundation recently revealed the Sei Creator Fund, a project to help creators and builders inside the Sei ecosystem, in collaboration with Gitcoin.

Announcing that the Sei Foundation has partnered with Gitcoin to launch the Sei Creator Fund: a $10m grants fund for the creation and growth of NFT and Social projects on Sei.

Read more here: https://t.co/EkhquMpD8b

This fund is designed to empower creators and builders across… pic.twitter.com/Ml9VKqRWnn

— Sei Development Foundation (@Sei_FND) April 4, 2024

The $10 million fund will be used to support the creation of new initiatives and the growth of current ones within the Sei community, with an emphasis on its NFTs and social media platforms.

The Sei Creator Fund aims to enable creators in a range of fields, including infrastructure, applications, collections, content production, and live events. Projects in any stage of development can apply for financing.

The application process consists of two phases. In Phase 1, applicants submit directly to the Sei Foundation using the form available on their website. Phase 2 will adopt a community-driven funding method in partnership with Gitcoin.

Members of the Sei community will now be able to vote on proposals and participate in the grant distribution process. By incorporating community members in the process of allocating resources, Sei aims to promote inclusivity and diversity in projects.

The Sei Creator Fund offers creators, builders, and innovators a chance to receive support and collaborate within the Sei ecosystem. Individuals interested in contributing to the community’s growth and development are encouraged to engage.

Also Read: Circle Ventures Invests In Sei To Activate USDC Use Cases

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Jalpa Bhavsar- Senior crypto journalist at The Crypto Times
By Jalpa Bhavsar
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Jalpa Bhavsar is a Crypto Journalist with 3 years of experience in crypto, blockchain, AI, digital design, and crypto news reporting. She holds a B.Tech in Computer Science, bringing a strong technical foundation to her writing. Jalpa focuses on delivering clear, accurate, and engaging coverage of the latest trends and developments in the crypto and tech space.

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