This proposal seeks continued funding for Prezenti to sustain grassroots grant funding within the Celo ecosystem during Season 0 (first half of 2025). This funding round will ensure Prezenti’s operations continue, and support builders while integrating with the Celo Seasons initiative. This proposal acts as a bridge until Celo Governance 2.0 is fully implemented post-L2 migration.
Prezenti is a trusted funding entity within Celo, directing community funds toward visionary individuals and projects that drive meaningful innovation. Small and medium-sized grants remain crucial within any blockchain ecosystem, and Prezenti continues to fulfill this role.
Objectives for Season 0
- Continue grassroots grants and introduce a Scale Pool for larger initiatives.
- Enhance collaboration with key Celo stakeholders (Celo Foundation, Regional Hubs, Celo Camp, VCs, etc.).
- Expand the reviewer team to reflect the increasingly global Celo community.
- Align with Celo Governance 2.0, providing input on grant program strategy.
- Support the development of a “Grants Council” model aligned with Celo Seasons.
Grant Pools & Funding Structure
They propose the introduction of a fourth grant category while maintaining the existing structure:
| Grant Pool | Purpose | Max Grant Amount |
|---|---|---|
| Micro Pool | Early experimentation | $2,000 |
| Pilot Pool | Prototyping & feasibility | $10,000 |
| Growth Pool | Scaling & development | $25,000 |
| Scale Pool | Larger-scale initiatives | $50,000 |
Collaboration & Community Involvement
- Strengthen partnerships with the Celo Foundation, Regional Hubs, Celo Camp, and others.
- Engage with VC funds (Verda Ventures, 0XLabs) to connect grantees with funding opportunities.
- Expand our reviewer team, adding Cristóbal Pereira Garretón (cLATAM Lead) and Ronald Nzioki (Celo Africa DAO Program Manager).
Metrics & KPIs
Prezenti will track impact through the following key performance indicators:
- % of projects completed
- % of active projects after one year
- Total blockchain transactions driven by grantees
- Additional funding secured by grantees
- Grantee feedback via post-grant surveys
- Bi-monthly showcasing calls with completed grantees
Tracking & Reports:
Timeline & Milestones
| Month | Activity |
| Jan – Feb | Support ongoing grants with previous budget |
| Mar | Launch Almond Grant Round |
| Apr – May | Close round, start reviews, finalize selection |
| June – Sep | Grant funding execution (4-month period) |
| Oct | If no follow-on funding, start Prezenti closure process |
Budget Breakdown
| Category | Cost (cUSD) |
| Admin | $54,000 |
| Contingency | $10,000 |
| Micro Pool (3 grants) | $6,000 |
| Pilot Pool (9 grants) | $90,000 |
| Growth Pool (5 grants) | $125,000 |
| Scale Pool (1 grant) | $50,000 |
| Total | $335,000 |
Funds will be allocated to individual grant pools via multi-signature wallets.
Budget ensures grants extend beyond mid-year and align with Celo Season changes.
Payment Terms
Upon approval, funds will be deposited into Prezenti’s multisig wallet and allocated accordingly. And the Prezenti core team remains intact, with increasingly streamlined roles.
- Aaron Boyd – Founder, Independent Validator Operator, Celo PG Steward
- Wade Abel – Founder, Independent Validator Operator, Celo Governance Guild
- Maya Brown – Founder, Web3 Grant Proposal Writer
- Cristóbal Pereira Garretón – cLATAM Lead
- Ronald Nzioki – Celo Africa DAO Program Manager
They are seeking Celo Community approval for this Season 0 funding proposal to ensure uninterrupted grassroots grant support. If approved, Prezenti will:
- Open the Almond Grant Round in March 2025.
- Execute grants in alignment with Celo’s Seasons framework.
- Provide transparent, onchain reporting and governance engagement.
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