Evaluation process

Learn how the Geyser Grant evaluation process works

Each Geyser Grant has its own theme, chosen by the Geyser team along with the sponsors. For example: film grants, gaming grants, and education grants.

Board voting

Board voting was the first evaluation process we used in practice. Here's how it works:

  • In accordance with the topic of the grant, the Geyser team selects the board of subject-matter experts.

  • The board, through the vote of its component members, evaluates all applications and decides the allocation of the funds collected within a pre-determined time frame.

  • Subsequent to the deadline, Geyser distributes the funds to the projects in accordance with the allocation determined by the board. The grant is received as donations in sats to the selected Geyser projects.

Community voting

Here's how this process works:

  • During a predetermined period, all donations to participating projects count as votes. A donation provides a number of votes proportional to its size (for example, a donation of 1000 sats counts as 1000 votes).

  • Funds are allocated based on the number of votes each project receives by the broader Geyser community, compared to the total number of votes. For example, suppose Project A received 10 million votes out of a total of 200M. That project therefore will receive 5% of the Grant ( 10M/200M = 5% ).

  • Subsequent to the deadline, Geyser distributes the funds to the projects in accordance with the allocation determined by the community votes. The grant is received as donations in sats to the selected Geyser projects.

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