Matic Build-n-Earn is an incentive program offering monthly recurring benefits, designed for developers and teams that need a reliable, predictable source of cash flow during DApp development and maintenance of the application lifecycle before they have reached the point of sustained growth. Build-n-Earn is available for any DApps at any stage of their lifecycle, provided they are building on Matic Network. The program is designed to enable developers to create the best possible version of their application.
Build-n-Earn applies to any DApp that builds on Matic Network. If you have a DApp on Matic, or one currently on Ethereum or any other blockchain and want to make use of Matic’s high-performance, low-fee Layer 2 scalability infrastructure on Ethereum whilst maintaining the security and decentralization of the Ethereum mainchain, you are eligible to apply for the Matic Build-n-Earn program.
Every DApp is different and has its own requirements for success. Matic Build-n-Earn is designed to provide tailored assistance to help developers to build the best possible version of their DApps, no matter their niche or individual needs. Matic Build-n-Earn, therefore, provides DApps building on Matic with a range of funding, technical and marketing-related support based on their specific requirements.
Build-n-Earn allows developers to receive a monthly funding allocation, determined by a process of consensus between the Matic team and wider blockchain community, from a total pool of $50,000 per month provided by the Matic Foundation.
The reward allocation process will consist of two parts:
1) Community voting with CLR Matching on Gitcoin
2) Expert review
The voting process will incorporate inputs from the wider community and developer community to decide the funding allocation for 30% of the total pool ($15,000), which will be purely determined by the community voting. The Matic team will evaluate the applicable DApps based on pre-decided criteria (see FAQs) to determine the allocation of the other 70% ($35,000) of the pool.
To explain it in detail, for the community voting process, we are partnering with Gitcoin. They are the de-facto platform for open source bounties and a distribution platform for DApps. 30% of the funding per month, i.e. $15,000 for now, will be reserved by the Matic Foundation for the matching pool to fund the DApps eligible for the program via the Gitcoin Grants program.
The remaining 70% of the monthly funding amount, as discussed above, will be reserved for the consideration for the reviewers assigned by the Matic team, who will rate products based on the parameters defined here. Read more about the rating of applicable DApps based on pre-decided criteria (see FAQs).
We assist DApps in the Matic Build-n-Earn program with dedicated technical support from the Matic Network team, and provide access to and assistance with the full range of developer tooling available for DApps building on Matic. Join the Matic developer Discord channel for more support relating to Build-n-Earn.
The response from end-users will ultimately determine the level of success of any DApp. Through the community-led Build-n-Earn voting process and exposure to the broader community, developers will receive detailed feedback from end-users, which is integral to creating a highly-marketable DApp.