Incubator Seed Fund (P1/2)

20% of incubator listing fees will be placed into a seed fund, which will be controlled by community governance voting via EXO tokens. Future exoStart projects can then apply to receive a grant from this fund, to boost their budgets in the critical early days.

Projects will be able to apply for funding, with a vote held and the top 10 projects then invited to produce a 3-minute video introducing themselves and their ideas.

A second vote will then be held, with the top 3 projects receiving a share of the seed fund, along with other bonuses such as advertising time on the platform’s banner ads.

This fund will be seeded with an amount from the presale budget, with additional perks for the first round of projects launching on exoStart.