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.

The board of the first Geyser Grant

Community voting

The community votes for the winners of the Grant, but there are several voting logics in place:

1. Proportional Voting

   In proportional Voting, 1 Satoshi = 1 Vote. Therefore, the more Sats sent, the more votes a project gets. This is

2. Incremental Voting

   In incremental voting, there is a limit to the number a votes contributors can send, in order to ensure that all voters can make a difference.

   Users must login for their contributions to count as votes, they can send contributions to multiple projects and send it multiple times to a single projects, but the number of votes a user can cast per project depends on contributions sent:

   From 1k to 9,999 sats = 1 vote

   From 10k to 99,999 sats = 2 votes

   Above 100k sats = 3 votes

Example of community voting