CrossFi Foundation announced the start of the Grant Program for ambassadors on December 14. The Ambassador program is the first part of the larger-scale Grant Program with a total amount of 50$ million to be distributed among creators, developers, and other most active community members. Apart from the fair distribution of funds, the program aims to reduce financial inequality together with the help of the community by facilitating the information spread on the benefits of bringing the best out of two words: blockchain-based decentralised finance and traditional system.
CrossFi Foundation is a non-commercial organization linked to the Cross Finance ecosystem with a wide range of products that help to build the bridge between traditional and decentralized finance. The Cross Finance’s portfolio includes such products as cross-border payment processing, crypto and fiat banking cards, cross-chain transfers, as well as new investment instruments such as staking.
The GrossFi Foundation’s Ambassador program contributes grants for creating and distributing content focused on the benefits of bridging traditional finance and decentralized technologies together, as well as certain aspects of underlying technology and Cross Finance company milestones. Program participants can either choose one of the available tracks or participate in both:
- Create. Create unique and useful content about the Cross Finance technologies in the form of an article, video review, or visuals.
- Distribute. Post materials and distribute content about the Cross Finance ecosystem on social media platforms like Facebook, Medium, Telegram, X, LinkedIn, and Discord.
The launch of the Ambassador Grant Program marks the first stage, while other stages will be announced shortly. During the first stage, ambassadors are invited to respect key facts on decentralised technologies, Cross Finance ecosystem, future plans of the company and create unique videos, articles and visuals. At the same time, distributors will spread their creations on various platforms listed on the CrossFi Foundations terms as eligible for the program.
To participate in the Grant Program, community members are invited to submit applications on the CrossFi Foundation official website. The website also contains information on the exact remuneration pool prizes for various tracks, clear evaluation criteria for each track, media kit and all necessary information to get started.
The larger-scale Grant Program of the non-profit organisation CrossFinance will also include stages aimed at validators, testers, and developers. The scale of the program is on par with the non-profit values. The founder of Cross Finance Alexander Mamasidikov emphasized that the main value of any decentralized ecosystem is the community:
“The CrossFi Foundation grant program targets all users of the Cross Finance ecosystem. It’s not limited to developers or technical experts; it is inclusive for everyone, including common users…The program emphasizes that users are not just consumers but also contributors to the ecosystem’s evolution. Grants have proven their effectiveness in fostering blockchain community engagement.”
More details about the grant program, prize pools and eligibility criteria can be found on the CrossFi Foundation webpage: https://xfi.foundation/
