AvalancheFDN
@AvalancheFDN
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The official account of the Avalanche Foundation
Joined February 2024
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Pinned Tweet
The Avalanche Foundation is pleased to announce the expansion of its Board of Directors, bringing additional expertise across various sectors.
The Board expands to 7 people with the addition of
@demirelo
,
@Ahnor_Block
, and
@Vikram_Nagrani
.
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Community coins have become a cornerstone of Web3, representing the spirit, uniqueness, and interests of diverse crypto communities.
Today, the Avalanche Foundation announces its first five community coin holdings:
$COQ, $KIMBO, $TECH, $GEC and $NOCHILL
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We are excited to announce the launch of the Icebreaker Program!
This is a significant milestone in our journey toward promoting innovation, supporting emerging projects, and becoming a cornerstone of Avalanche’s growing entrepreneurial community. 👇
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“Each of these individuals brings a wealth of experience, expertise, and fresh perspectives that will enrich our endeavors as we remain wholly focused on delivering upon the Foundation’s mission.”
@AytuncYildizli
- CEO of Avalanche Foundation group
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Today is the launch of Memecoin Rush, a multi-phase liquidity mining incentive program designed to help scale liquidity and drive momentum for the community coin ecosystem on Avalanche.
Phase 1 rewards will be allocated to
@steakhut_fi
&
@TraderJoe_xyz
.
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Today we're launching the Avalanche Community Grants Program, alongside
@gitcoin
, to allocate grant funds to match community donations and bolster crowdfunding within the ecosystem.
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Our initiative to support community coins remains ongoing and the criteria is being updated regularly to support projects that may be early but have the credibility to build tools for Avalanche, with TECH being an example of this.
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This is the final tweet of this thread. Please beware of scams, do not click any links in the replies, and be sure to check usernames carefully.
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It was a great day talking to aspiring Web3 founders building on Avalanche.
#AvalancheCodebase
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The Board now consists of these 7 leaders:
Dr. Ömer Demirel
Sean Inggs
Nicolas Lemaitre
Vikram Nagrani
Dr. Emin Gün Sirer
Dr. Aytunç Yildizli
Xiao Yi Zhang
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Today also marks the launch of this channel as the official hub of information on X, directly from the Foundation.
Stay tuned for more on how the Foundation continues supporting the journey of growth, innovation, and impact of the Avalanche public network.
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The Foundation is also announcing its intention to update the community on these holdings, providing transparency through regular disclosures on our blog and X account.
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As a reminder, the Foundation may change its community coin holdings and adjust the eligibility criteria based on the ever-changing nature of the industry. The Foundation also does not necessarily buy all community coins meeting the criteria.
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We are proud to support a range of culturally important Web3 projects, and to celebrate vibrant and unique Web3 culture on Avalanche.
We look forward to continuing to support the Avalanche community through the Culture Catalyst program and many other initiatives.
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The Board of Directors is committed to advancing the mission and objectives of the Avalanche Foundation, with a vision to foster innovation, collaboration, and sustainable growth within the Avalanche ecosystem.
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Phase One of Icebreakers will include a focus on liquid staking tokens (LSTs).
The first tranche of the program will involve a contribution of up to 500K $AVAX, distributed among certain LSTfi projects.
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Voting is now live for the first Quadratic Funding Round for the Avalanche Community Grants Program!
25 projects have been selected for round one, and voting ends May 1st.
The Avalanche Community Grants Program is underway, and voting begins today for this first round of 25 selected projects!
The first Quadratic Funding Round is open, allowing anyone to donate to these projects, which will in turn decide how matching funds from the Avalanche…
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The Icebreaker Program has four key pillars:
1️⃣ Empowering New Projects
2️⃣ Enhancing Market Stability
3️⃣ Project Diversification
4️⃣ Active Ecosystem Engagement
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Enhancing Market Stability
Enhance the depth of certain markets on Avalanche protocols, aiming to help establish a more stable and efficient ecosystem for all participants.
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Empowering New Projects
Assist new and emerging projects in overcoming initial barriers to market entry, to provide further support to help demonstrate their value proposition and product-market fit.
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This initiative will unfold in multiple phases. The Foundation plans to arrange one-to-one ecosystem calls across various verticals within the Avalanche community, with the goal of ensuring that it's accessible and responsive to the needs and objectives of community participants.
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Project Diversification
Help diversify the ecosystem, to highlight the many uses of Avalanche technology, reinforcing its commitment to the long-term success of the Avalanche network.
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Active Ecosystem Engagement
The Icebreaker Program represents the Foundation's continued objective to actively contribute to the growth of the Avalanche ecosystem.
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Here's all the info you need to know about the initial phase of Memecoin Rush ⬇️
Memecoin szn continues 🥁🥁🥁
The
@AvalancheFDN
is kicking off Phase 1 of Memecoin Rush, a liquidity mining incentive program designed to help scale liquidity and drive momentum for the community coin ecosystem on Avalanche.
Here's the rundown 🧵👇
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This is the final tweet of this thread. Please beware of scams, do not click any links in the replies, and be sure to check usernames carefully.
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Working with
@Gitcoin
is a huge step toward a more inclusive ecosystem on Avalanche.
We look forward to introducing this proven incentive structure to projects and developers building in Avalanche’s growing ecosystem.
For the first time, the Avalanche community can now play a direct role in deciding which projects the
@AvalancheFDN
funds!
In partnership with
@gitcoin
, the Avalanche Community Grants Program aims to bootstrap projects building in the Avalanche ecosystem. 👇
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