[Announcement] **VELIC’s Grant Campaign (“VGC”) for the ICON community**

Dear All ICONists

VELIC would like to officially announce the initiation of its grant campaign to support various ICON projects. VELIC’s objective in this campaign is to promote the development of useful D-Apps & services which aim to benefit the ICON ecosystem as a whole. As such, VELIC will be accepting submissions for various ICON projects and provide support to further their cause.

  • What projects are eligible for the campaign?

All projects & services related to the ICON ecosystem (whether on or off-chain) are eligible for this grant opportunity. Given that VELIC strives to be the financial backbone in the ICON ecosystem, services related to financial services will be given additional consideration.

  • Who should apply?

All individuals or teams (including P-rep candidates) are invited to participate. Participants must adhere to the applicable deadline timetable. Multiple projects can be submitted by the same participant, but each submission will be considered on a stand-alone basis.

  • How to apply?

VELIC will announce when the campaign website and the application form is ready for access. Stay tuned with VELIC’s official twitter (@VelicFinancial) and join our telegram group (https://t.me/velicfinancial) for forthcoming details.

  • What will be the awards for the winners?

The winning applicants will be receiving the following vote delegations for a period of 3 months. This delegation is intended to boost the applicants’ presence in the ICON ecosystem and to provide them with ICX network rewards which can be used to finance the development costs of their project.

  • 1st Prize winner : 2,000,000 ICX vote delegations
  • 2nd Prize winner: 1,000,000 ICX vote delegations

If the winner is not a P-rep candidate, then VELIC may, in its sole discretion, provide alternative means of support.

At the end of the 3 month period, VELIC intends to initiate phase 2 of the grant campaign. Existing winners will also be eligible to enter the subsequent phase of the grant campaign, either for existing or new project submissions.

  • Evaluation Factors

VELIC will consider each service submission on a holistic basis, taking into account various factors including but limited to:

  1. Usefulness of the service;

  2. Number of potential users;

  3. Impact on other projects and participants in the ICON ecosystem;

  4. UI/UX, including the design of the user interface, ease of use, efficiency, functionality, logical structure, etc.;

  5. Popularity; and

  6. Innovation and Uniqueness.

  • Event Schedule (Exact dates TBA)

The initial phase of the campaign is expected to run from December 2019 to February 2020.

Registration + Submission Period : December 2019 - January 31, 2020

Evaluation Period: February 2020

Announcement: February 2020

-Time schedule may be adjusted and/or extended as necessary to ensure an appropriate level of participation.

Disclaimers:
VELIC reserves the right to amend the terms of this campaign at its sole discretion.

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Further details on application method will be revealed next week!
We will post the updates under this announcement.

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!! Application form is now available !!
Visit our website https://velic.io/?pagename=coupon/campaign

  • Download the application form under the campaign events page on the VELIC website; send the completed form via email to events@velic.io
  • The form will describe requisite information such as a detailed development plan and timeline.
  • Submission period is until Jan. 31 2020. (UTC 23:59:59)
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Dear ICON community,

We look forward to meeting various ICON-related projects to support. Please send in your application for our grant campaign - form is downloadable at https://www.velic.io/?pagename=coupon/campaign

:triangular_flag_on_post: If you download the application form, you can check how you can elevate the points in one of the evaluation factors.

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Dear ICON community,

Due to requests from some of the forthcoming applicants, we are extending the submission period for the grant campaign. We look forward to additional applications from various members of the ICON community.

*Thus, announcing the new event schedule:

Submission Due : February 29, 2020

Evaluation Period: March 2020

Announcement: March 2020

Stay tuned with VELIC’s official twitter(@VelicFinancial) for the latest news.

Thank you for your interest.

VELIC

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That deadline was known for nearly 2 months.
We were actually looking to submit 2 applications this week. Both are time sensitive. Not sure there will be any point in submitting them a month later …