Stellar, the open network for storing and moving money like an email, is continuing to work on its vision.

Those who want to kick start a Stellar-based project will get feedback from their developers and potential users to further win funds to pursue their vision and apply for the Stellar Community Fund.  The submissions are due by 8/22.

The Stellar Development Foundation employs technologists, scientists, designers, and business people dedicated to building a more inclusive global marketplace. Their major goal is to unlock the world’s economic potential, thus making money fluid, which eventually empowers people.

The Stellar Community Fund facilitates people from all over the world with an opportunity to kick start their Stellar-based projects to further connect to their thriving stellar community.

Those who have ideas can test ideas and get real feedback from the developers and potential users to further win funding to pursue their vision further. This is a rare opportunity to win rewards. Thus, there are no strings attached for those who are willing to dream big.

After organizing several funding rounds over the years, the foundation has provided a combined 12,000,000 XLM in funding to promising projects from all over the world, considering the input from the Stellar community.

Stellar being an amazing technology makes it possible for users to build the future of finance. Aspiring developers will easily issue digital assets, plug apps into the network full of existing assets, handle payments, make trades, and connect to the real-world financial infrastructure.

There are different types of projects that are getting built on the Stellar Ecosystem.  There are several kinds of existing resources used to support the Stellar ecosystem; however, there are tons of room to innovate, and there is a lot of work left to build. For those willing to help Stellar change the world, the SCF is their invitation to help figure that out.

Between the different SCF rounds, participants normally can know more about Stellar and know more about the vibrant community that supports it.  This is a perfect time to see what other developers are up to and to get inspired further.

Digging into stellar.org developer docs is a way to know what one can do with Stellar.  Developers can check out the projects and partners’ directory and the previous SCF winners to see what others have already done.

At present, from June 28 – August 22, 2021:  The submission sheets are used to generate project pages for judges and the community to evaluate.  Therefore it helps to spend time filling it out to ensure that it really shines.  Those who start early will be able to fine-tune it during the submission phase.

From August 23 – August 29, 2021:  A panel of verified community members will choose the strongest entries to further ahead to the final discussion and voting.  The focus is to ensure that the best projects rise to the top to get valuable feedback and expert advice from a dedicated group of Stellar supporters.

The different phases encourage participation and learning. The Stellar Community Fund ensures they provide participants with valuable feedback permitting them to advocate for their proposal and the growth of the overall ecosystem.

From September 13 – September 26, 2021:  Once the votes are in, Stellar Community Fund will order projects from the highest votes to the lowest. They will begin from the top, fully funding the first project with the XLM equivalent of its USD request, then further on to the second, then the third, and so on. They will continue until they run out of projects to fund or be not able to fund the next project in the vote–sorted list. The leftover XLM will roll over into the next round of SCF.