Entries Due for Purpler Prop House – Retroactive Funding Round

Summary:
Retroactive gifts are a thank you to all developers and community members who have already been building on Farcaster. Anyone with an Ethereum address can propose that their own project or someone else’s be considered for a retroactive gift.

All Projects and contributions are eligible for retroactive funding, including software, community, writing, marketing, etc. Once each funding period ends, a voting period will start where Purpler holders may vote for the proposal they believe should get funded (1 Purpler = 10 votes). Winners are simply those proposals that have the most votes. At the end of voting, there will be 5 winners who receive 0.69 ETH each.

Rules & Guidelines

– Anyone with an Ethereum address can propose that their own project or someone else’s be considered for a retroactive gift.
– To be eligible for these rounds, grant recipients must have performed work before the start date of the proposal. They must submit their proposal with an address connected to a Farcaster account.
– Projects which have not yet started, proposals for future work, and proposals submitted by addresses not associated with a Farcaster account are ineligible for retroactive funding.
– All Projects and contributions are eligible for retroactive funding, including software, art, community, media, writing, marketing, etc.
– A winner may submit again to a future funding round but must disclose their prior Purpler funding.
– No self-dealing or conflicts of interest: Purpler holders should refrain from voting on sending funds to wallets where any portion of those funds is expected to flow to them, their projects, or anyone they have a close personal or economic relationship with.
– If there are fewer than 5 submissions, the round is null, and there will be no winners selected – In the event of a tie, the proposal that was submitted earliest wins