Deep Funding is committed to providing support to AI developers and builders via different opportunities that allow you to secure funding for your projects and your contributions. This page gives an overview of our Deep Funding Rounds - a funding opportunity we provide to anyone who is interested in aiding the mission of SingularityNET of advancing beneficial AGI.
Deep Funding Rounds are initiated by the Deep Funding Program and driven by the community with reviews, voting, decisions, and directions entirely guided by them ensuring that the outcomes align with the collective interest of our community.
New Rounds are scheduled once or a few times per year and each Round takes several months to complete.
Our Funding Rounds are open and accessible to anyone, with no entry barriers to foster inclusivity and broad participation - anyone can submit a proposal.
There are only a few specifications for round proposals allowing for a lot of creativity, out-of-the-box thinking and unexpected, innovative ideas to emerge. Funding in our rounds is milestone-based which means that funding is only released after the approval of a milestone as indicated in the proposal.
Once the submission period ends, a review process begins. The specifics of this process evolve from one round to the next. At the end of this process, valid proposals are added to the voting portal where the community will decide which projects get awarded for funding.
Proposals to a Deep Funding Round should be submitted if you have a solid project or idea and the capacity or a capable team ready to execute it. The schedule of the funding round should fit your project’s timeline.
Deep Funding Rounds are based on the following core principles:
For more info on our guiding principles, please read Funding with Purpose.
During a funding round we receive well over a hundred, sometimes several hundred proposals. To help you stand out and submit a well-rounded proposal we put together a few pointers for you to help you in your proposal creation process:
A great proposal showcases your and/or your team’s expertise and knowledge around the proposed solution and that your idea or project is aligned with the guiding principles of SingularityNET. Proposals that differentiate themselves with unique ideas and creative approaches as well as proposals that foster innovation while being aligned with SingularityNET’s mission and values are highly encouraged.
Furthermore, a great proposal contains:
The proposal should be detailed enough to showcase the value of the outcomes but compact and concise enough to easily be understood and reviewed by the community, community experts and eligibility reviewers. Remember that not all community members have a technical background, it is always advisable to explain technical terms and processes.
Deep Funding is pleased to offer the opportunity to participate in Funding Rounds to the community. We look forward to your innovative ideas and solutions and are excited to work together to push the boundaries of what AI can achieve.
To understand why we offer multiple funding paths, we encourage you to read: The Funding Trilemma.
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