Atleta Grants Program

Accelerates project development, growth and innovation across the Atleta ecosystem by providing financial aid and project support.

The Process

1Submittal

Getting started with the grant program is as simple as filling out the official application that can be found here: Official AGP (Atleta Grant Program) ApplicationProvide basic contact and team informationArticulate your position as thoroughly as possible. From your product`s purpose and uniqueness, to your user acquisition strategy, thesis, community strategy, etc. The more information you can provide at this stage, the further it will get you. Feel free to provide calculations in your responses; numbers help translate stories.Specify Milestones. Milestones will define the structure of tranches for delivering funding. While this will depend greatly on the use case, it is generally recommended to breakdown any objective into 4-8 checkpoints.Specify Grant Size. Users can request any arbitrary amount, in any currency; however, as a rule of thumb, it is most effective to aim for the 5,000 - 100,000 $ATLA range.

2Screening

~ 2 days

A multi-step phase starting with a filtering though the `Selection Criteria` to remove the unacceptable candidates: missing/obfuscating key info, spam, duplicates, absence of relevance to ATLETA. Process time: < 48 hoursWith a clean slate, a thorough initial diligence process begins. Ultimately, the lens for evaluating a candidate boils down to a criteria of four points:Ability to Execute - What type of success / traction will you demonstrate up to milestones?Technical Innovation - How does your proposal contribute to the Atleta platform?Market Opportunity - How does your proposal translate into increased usage of Atleta?Mission Alignment - How do you support the Atleta Mission?After reviewing and cross-referencing all the information provided in the application, it will be scored; and if above the minimum threshold, the applicant will be contacted to set up a brief preliminary meet and greet. (general introduction to providing more info, clarifying things, and share updates)Estimated time to Invitation: ~4/8 weeks

3Decision

~ 14-28 days

Taking the quality of the original application submittal, interview availability, duration of business/technical review; it is to be expected that all proposals are addressed, participants notified of the outcomes and within 90 days of origination.Follow-up review takes place 7-14 days after the firstApplicants will be notified via email/TG group with the results of their submission.Outcome is publicized and communicated with Atleta & broader crypto community.Estimated time: ~12/14 weeks

4Onboarding

~ 7 days

The final step. Approved applicants will be scheduled for a comprehensive video conference to address any final questions and confirm all term specifications. The project is then:briefed on the legal aspectsassigned a member to provide technical/product supportgiven an agreement to signdeployed its first trancheEstimated time: ~1 week

5Ongoing support

~ 3-6 month

For the entire duration of a grant program, assistance is provided in a multitude of ways, from assigning dedicated support members to guide them with any questions that might arise.The Foundation will monitor progress to provide help ad hoc.ATLETA will provide co-marketing effortsMilestones achieved, tranches deployed.Estimated time: Undefined

6Delivery

~ 14 days

Upon satisfying the requirements of the initial grant application with the delivery of the final product/result, a macro-review takes place to assess the quality of the result with live feedback trial.Announcement is made, Additional marketing support may be also provided.Product is launched to the public and feedback is gathered14 day trial periodEstimated time: ~2 weeks

7Closure

~ 2 days

The final formality in the lifecycle of a grant; assuming there were no critical issues, the application is marked as completed and sealed.Applicant is notified about date of final tranche releaseGrant removed from active boardEstimated time: ~48 hours

Gaming & Sports Dapps

List of Funding InitiativesTightly coupled with ATLETAs core focus, decentralized applications in the Gaming and Sports sectors are welcome with open arms. Here, the nature of applications can vary radically given the element of novelty; therefore the performance capabilities of ATLETA make it the perfect network for experimentation.

Fantasy LeaguesFan tokensSport DAOsSportFiDiscovery Platform

Gaming & Sports Dapps

DeFi

Education

Marketing

Research

Infrastructure

Tooling

Other

EvaluationThe evaluation process for new grant applications normally takes between four and six weeks. Applications are initially vetted to ensure they fulfill the requirements. Applications that pass through the initial review phase are sent to the Grant Committee for technical review and business evaluation.

Grants are evaluated across 4 criteria:

Mission AlignmentHow do you support the Atleta Mission?

Market OpportunityHow do you support the Atleta Mission?

Technical InnovationHow does your proposal contribute to the Atleta platform?

Ability to ExecuteWhat type of success / traction will you demonstrate up to milestones?

APPLY FOR GRANT

FAQ

What Payment Method are Grants distributed in?

ATLETA grant programs are predominately distributed in the form of $ATLA coins. However, depending on the specific nature of a grant application and the team behind it, Stablecoin and hybrid solutions will/can be organized.

OptionA:$ATLA coin(s)

OptionB:Stablecoins

OptionC:Mixture of $ATLA coins + Stablecoins

Learn more about the payouts for Grant Program here

How long does a grant program last?

Every grant program will have its own unique demands, thus every project will vary in its timeframe. Usually, a grant will fall within the range of 1-12 months. If projects delivery ahead of their allotted/expected timeframes, their payout accelerate pro-rata. However, is a project does not delivery within their timeframe, their funding is immediately frozen; and they will have to re-apply.

Are any Categories Banned?

As a public good, social wellness is a key component of Atleta`s philosophy. Atleta is determined to provide a secure environment, from the infrastructure to the applications, for all calibers of users; therefore, the AGP (Atleta Grants Program) has been designed to attract only the best quality initiatives and exclude categories that infringe on jurisdictional legislations or promote criminal activity.Exclusions:
Gambling, illicit trade, money laundering, adult entertainment, et al.

Can US citizen/entity apply?

Yes absolutely.Given the stringent and uncertain policies of the US, special compliance arrangements are made for US citizens where a wider set of data is collected and the payments take place in stablecoins through platforms that have been registered with the US authorities or even potentially as fiat transfers.

What happens if a project missed a milestone?

Projects are generally granted amnesty for delays around milestone deliveries, however during these moments they will have their funding postponed and clocks pushed back. Tranches will remain locked until milestones are satisfied.Not tolerated:
- Delays over 21 days
- More than 10 delays
- Missing the final milestone by more than 7 days

How much can/should I request on a Grant Proposal?

This depends on the use case, macroeconomic circumstances, the intended outcome, the character of the applicant, so be savvy, honest, and thorough.Recommended range(s):
5,000 - 100,000 $ATLA
$2,500 - $200,000Recommended asset(s):
$ATLA
$USDc
$USDtAutomatic Guaranteed Denials:
- task duration in over 24 months
- Requests over 1,000,000 $ATLA
- Payouts in non-compatible

Can Anonymous Teams Apply?

Yes, of course; just be advised this will factor heavily negative on the final outcome.

How long is application process?

From the moment an application is submitted to the moment it receives its first tranche of funding is typically within 90 days or ~12-14 weeks.Denials can arrive much sooner, 30-60 days or ~4-8 weeks.

What happens to Denied Proposals?

There are only 2 ways for an application to be denied; with or without reason. Denials with a reason will likely indicate some degree of interest from ATLETA`s side and provide information about what to do prior to re-submitting.Denial without a reason mostly applies to projects that are missing key information or have triggered red flags.Participants are informed about the outcomes of their grant applications via direct communication (email/TG). We encourage all denied proposals to consider resubmission after 60-90 days have passed.** In the unlikely event a proposal does not receive a response within 60 days of submittal, we kindly as you to please resubmit the proposal & reach out to somebody from the community on our social media channels.