Empowering Web3 Innovators: The Atom Accelerator DAO Mission
The Atom Accelerator DAO (AADAO) is a pioneering entity in the Web3 space, known for its commitment to nurturing innovative projects. They achieve this through a variety of grant programs, focusing primarily on projects that enhance the Cosmos ecosystem and the $ATOM token’s utility. AADAO utilizes three main grant categories: passive open grants, outreach-based grants, and RFPs (Requests for Proposals). The review process involves pre-screening applications with a rating sheet, interviews, and a final vote, ensuring a thorough evaluation of each project.
The Review and Oversight Mechanism
Applications undergo a rigorous review by a committee focusing on the project’s specific area, followed by an interview stage and a final committee vote. Importantly, any potential conflicts of interest are meticulously managed, adhering to a strict code of conduct that emphasizes integrity, ethical standards, and fairness. The Oversight Committee plays a crucial role in maintaining internal controls, monitoring grant expenditures, and ensuring transparency and accountability in the grant allocation process.
Spotlight on the Latest Grant Recipients
The AADAO recently announced nine exciting new grants, totaling $614,000, to various Web3 projects, each bringing unique value to the Cosmos ecosystem:
- Sun DAO: This initiative is being bootstrapped to become a Cosmos Investment DAO, focusing on AEZ. The leadership team, with members like @DaianaM007, @cosmicyena, and @0xzo3, brings years of ecosystem experience. Sun DAO is set to pioneer a private-public venture DAO model, intending to involve $ATOM holders as DAO members/LPs/GPs with revenue-sharing arrangements. This represents a significant development in the Cosmos investment space, potentially bringing a new wave of successful dApps to the market.
- Astrovault.io: Funded for deploying a DEX on Neutron, Astrovault.io introduces App Specific Staking Derivatives, allowing applications to use TVL to secure blockchains and earn staking rewards. This innovative model will be demonstrated with their own DEX and multichain governance, followed by the release of an SDK to promote adoption across Cosmos. The project aims to diversify economic models within AEZ and includes a strategic allocation of 2.9m $AVX to the $ATOM community pool at token launch, benefiting the hub’s treasury as Astrovault grows.
- Calculated.fi: This project focuses on creating tooling that simplifies DAO payments, allowing for recurring, streamed payments, and seamless token swaps (e.g., holding $ATOM and paying in $USDC). These tools are designed to reduce time spent on financial management, allowing DAOs and builders to focus more on building. The contracts will soon be available on Neutron, and CALC has committed to giving 25% of the fees accrued to the Cosmos Hub community pool.
- Shogun.fi: Shogun.fi is an aggregator featuring a P2P matching engine, “Just In Time” vaults, and smart order routing. It aims to provide users with optimal deals and efficiently utilize interchain liquidity. The grant will enable Shogun.fi to deploy on Neutron, and the hub will receive 25% revenue from all Cosmos transactions and 0.35% of the $GUN token supply, which could be used for liquidity provision or user incentives.
- Polymerlabs.org: As a leader in scaling IBC, Polymer Labs is organizing four IBC events next year, aligning with major crypto conferences. Their goal is to enhance IBC awareness and support open-source development. The grant ensures $ATOM’s sponsorship and representation in discussions about IBC growth.
- Security and Testing Initiative (@HyphaDoesCosmos): This grant supports enhancing the realism of security testing by funding mainnet validators to participate on the testnet. Emphasizing increased decentralization and infrastructure, these efforts aim to make testing more reflective of the mainnet environment. Rewards are focused on smaller validators to ensure fairness, and eligibility criteria include active set participation and validation on consumer chains.
- Kado Money: Kado Money is building a superior experience for fiat on-ramping in the AEZ. The project includes developing USDC on and off ramps for all chains connected to @noble_xyz, as well as simplifying onboarding via $ATOM across the AEZ. This initiative is crucial for reducing the friction typically encountered by new users entering crypto.
- @CosmosDefi (Joe): This content creation project involves Joe producing structured AEZ content, including a mix of interviews and tutorials on YouTube, tweets, and spaces. The aim is to provide educational content needed by new users to explore the AEZ, thus fostering a more informed and engaged user base. Joe will be working closely with the next grant recipient to achieve this goal, with the next recipient being us!
- Interchain Info: We are deeply grateful to the AA DAO for seeing the value in what we’re building with ICI, and are pleased to say we have also secured funding to build out an entire AEZ portal, as well as some onboarding guides and educational material. More info below ⬇️
These projects collectively represent a significant advancement in the Cosmos ecosystem, enhancing everything from financial operations and security to user education and onboarding. The Atom Accelerator DAO’s support for such diverse and innovative initiatives underlines its commitment to fostering growth and development in the Web3 space.
Expanding InterchainInfo’s Vision with Atom Accelerator DAO Grant
InterchainInfo (ICI) has embarked on an ambitious project to enhance onboarding and education within the Cosmos ecosystem. Recognizing the need for effective onboarding tools and engaging educational resources, ICI plans to develop a two-part system consisting of a microsite focused on the AEZ and a custom-built onboarding flow.
ICI will create a comprehensive collection of guides and tutorials covering everything from blockchain basics to the specifics of the AEZ. This evolving collection will adapt to the needs of the growing AEZ. New visitors to Interchaininfo.zone will be greeted with an option to engage in an onboarding guide tailored to their level of familiarity with Web3 and Cosmos. This personalized journey through interactive content, quizzes, and diagrams will provide users with a well-rounded understanding of blockchain technology and advanced on-chain functions.
The AEZ portal, a subdomain managed by ICI, will serve as an organic, third-party landing page for the Cosmos. Designed to be both informative for new users and a news aggregator for returning users, the portal will be regularly updated with the latest developments from throughout the AEZ. This initiative will ensure that users, new and old, have a reliable source for all things Cosmos, including news, on-chain metrics, and ecosystem updates.
Conclusion: A Commitment to Growth and Innovation
The Atom Accelerator DAO’s latest round of grants reflects a deep commitment to fostering growth and innovation within the Web3 space. By supporting a diverse range of projects, from financial tools to content creation and security enhancements, the AADAO is playing a crucial role in shaping the future of the Cosmos ecosystem. As one of the grant recipients, we at InterchainInfo are both thankful and excited to be part of this journey towards a more robust and vibrant Web3 community.