Tangle Treasury Call for Proposals
The Tangle Treasury Review Committee is pleased to announce its official Call for Proposals. We invite individuals and project owners in the IOTA ecosystem to submit funding proposals for projects and activities that benefit the broader IOTA ecosystem. Please note that due to the current funding situation of the Shimmer Treasury, proposals exclusively related to the Shimmer ecosystem can only receive limited support.
What Can Be Funded?
In our previous blog post, Funding Strategy 2024/25, we outlined the types of proposals eligible for Tangle Treasury funding (see Table 1 below). All proposals must clearly demonstrate their benefits to the IOTA/Shimmer ecosystem and their synergies with ongoing projects and developments. Funding is tied to measurable deliverables (“milestones”) that each proposal must define in a reasonable manner. Grants from the Tangle Treasury are intended as supplementary support for projects that are progressing independently; they are not intended to fully fund any project’s operations. Instead, grants are meant to accelerate progress or enable additional features or activities. Note that payouts are only possible in IOTA token or USDT (not fiat currencies).
At current IOTA prices, the Tangle Treasury’s monthly budget is approximately $65,000, allowing for grants of similar value to be accepted each month, provided sufficient high-quality proposals are submitted. This budget may vary with fluctuations in the IOTA token value.
Table 1: Overview of current Tangle Treasury funding areas
Legend: Green: Current focus of Tangle Treasury funding. Yellow: Available for funding with limitations (e.g., dependency on external circumstances, budget constraints). Red: Not available for funding.
Proposal submission and review process
Both individuals and incorporated entities can apply for grant funding. To submit a proposal, visit the Tangle Treasury’s official website and go to the “Submit Proposal” page. Follow these steps:
- Download the proposal submission template and fill it out.
- Ensure all milestones have measurable and verifiable acceptance criteria.
- Link each milestone to a reasonable payout justified by the effort required to achieve it.
- Complete the online submission form (copy-pasting relevant information from your document) and click “send” (a confirmation email will be sent).
The Grant Reviewer Committee will evaluate your proposal, including the current state of your project/s, previous activities, public communications, and other relevant information. The level of due diligence will correspond to the size of the proposed grant. You will then be invited to a pitch meeting to discuss feedback, ideas, potential and risks of your proposed grant.
Typically, proposals are revised and updated based on feedback and suggestions from the reviewers and ideas from the proposer. If your proposal is accepted, the beneficial owners of your project or company will undergo KYC (Know Your Customer) procedures. A grant receiver contract will be established and signed, and the initial payout will be executed. Subsequent payouts will be tied to the successful completion of defined milestones.
The Tangle Treasury team is looking forward to your proposals!
For any question reach out to our team:
Official Email: tangletreasury@gmail.com
Program Lead: Linus Naumann
- Twitter: @LinusNaumann
- Discord: linus_naumann
Co-Lead: Richard Mediavilla
- Twitter: @Finanzgoblin
- Discord: finanzgoblin