Builder Program Grant & Reward Program Rules
MVCDAO Builder Program Grant & Reward Program Rules
Welcome, innovative minds and diligent builders! To ensure a smooth sail in the vast ocean of MVCDAO's builder program, please anchor down these golden rules:
Major Criteria:
Completed Functionalities:
Your hard work pays off here! PoB rewards are exclusively for those functionalities that have crossed the finish line.
Quality Assurance and Review:
Quality is king! Every functionality you deliver will go under the microscope by our esteemed committee members or a specially appointed technical judge group. Beware incomplete tasks, or any performance hiccups will push your project out of the current quarter's PoB bounty. But don't fret! Fix those issues, pass the completeness test, and you're back in the game for the next round.
Open-Sourcing Requirements:
Safety first! Especially for projects juggling asset security – think asset bridges, indexers, smart contract protocols, you name it – they must be an open book (fully open-sourced). Skipping the open-source step? the general MIP process is lifeline for approval.
The categroies dis-qualify for application:
-- NFT album series.
-- Front-end and back-end application unrelated to MVC.
-- Projects that plagiarize or infringe on other project codes.
-- Applications solely focused on token issurance without pratical utility.
-- Applications that infringe on user privacy or violate laws in most jurisdictions.
-- Wallet: Given MVC's adequate support for wallet applications, further development of wallet applications exclusive to MVC is deemed non-essential. To emphasize user safety, wallet applications are excluded from the builder program to minimize potential risks to users and to prevent undue criticism of MVC DAO for insufficient review.
Proposals for wallet integration or enhancements should be directed to the DAO via general MIP on-chain proposal, prioritizing user safety and integration with well-known existing hot and cold wallets in the industry.
General Rules:
Participants are responsible for all taxes.
All rewards and grants are subject to applicable law.
Participants must not violate any laws or compromise unauthorized data.
Participation in the program is at the participant's own risk and cost.
Participants must sign a contract with their name and physical address before receiving rewards or grants.
Additional KYC procedures may be required at MVCDAO's discretion. Non-compliance will lead to forfeiture.
Participants must update MVCDAO of any contact information changes to maintain eligibility for rewards or grants.
Grant distribution takes place from the 16th to the 20th of each month.
Excessive inquiries [equal or exceeding twice] regarding the grant distribution date before the 21st may lead to a 120-hour mute.
Dissemination of false information in public is prohibited; MVCDAO reserves the right to disclose applicant information for public verification if participants spread false information.
MVCDAO is not liable for losses due to incorrect recipient addresses.
MVCDAO reserves the right to modify or terminate the Program without notice.
Operational expenses for dapps should not be funded by rewards; the treasury is solely for MVC purposes. Each ecosystem operates independently for competitiveness and growth.
Eligibility Criteria: Applicants ineligible for rewards or grants:
Individuals below the legal age of majority in their country.
Individuals on sanctions lists or residing in countries with crypto bans list.
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