View source for The Web 3 Foundation (W3F)

== Basics ==
* The [https://web3.foundation/ Web 3 Foundation] is a Swiss foundation promoting decentralized protocols for Web 3.0. 
* Its primary project is the [[Polkadot]] interoperability protocol. 

== Funding ==
* [https://www.coindesk.com/web3-foundation-funds-technical-bridge-connecting-polkadot-to-bitcoin From] [[CoinDesk]] (5-3-2020):
''"The Web3 Foundation has been issuing grants, anywhere between $3,000 and $100,000, to projects looking to build on the Polkadot platform since the start of 2019. Web3 has so far financed nearly 100 project in five separate funding waves, according to its [[GitHub]] [https://github.com/w3f/General-Grants-Program/blob/master/grants/accepted_grant_applications.md page].''

''London-based developer house Interlay will receive funding from Web3 to build a "BTC-Parachain" to bring bitcoin-backed assets onto Polkadot. Using its open-source XCLAIM framework, the parachain would be an "open and trustless system that leverages a dynamic set of collateralized intermediaries," the company said in a [[Medium]] [https://medium.com/interlay/interlay-receives-w3f-grant-to-build-trustless-btc-polkadot-bridge-c4bdb40173a3 post] Thursday.''

''Other projects supported by Web3 include a [[Metamask]] plugin, an interoperability bridge with [[EOS]] and a parachain linking Polkadot to the prospective [[Libra]] ecosystem.''

''In October, Web3 [https://www.coindesk.com/polychain-web3-foundation-to-back-polkadot-projects-with-new-ecosystem-fund created] a Polkadot ecosystem fund together with [[Polychain Capital]]. Although the foundation would not specify exactly how much had been set aside for the new fund, a spokesperson at the time said it was "in the millions.""''
* [https://m.stafi.io/ Supports] [[StaFi Protocol (FIS)|StaFi]] (2-9-2020).
* Supports [[ChainSafe]] according to [https://chainsafe.io/ their website] (as of 9-2019).

== Team, investors, partnerships ==
* [[Peter Czaban]]: Executive Director
* [[Bill Laboon]]; Technical Education Lead
*[[Joe Petrowski]]; tech lead ([https://www.coindesk.com/polkadot-weighs-multichain-tech-challenges-ahead-of-dot-parachain-auctions 25-5-2021])
*Is a founding member of the [[ECF]]

* Chainlink will make [[off-chain]] data feeds, -, and traditional payment services available to all contracts on the Polkadot network. “We intend to drive the development of an oracle [https://medium.com/polkadot-network/polkadot-the-parachain-3808040a769a parachain] together with the Chainlink team,” [https://medium.com/web3foundation/web3-foundation-and-chainlink-announce-collaboration-df55ed462a3a said] [[W3F]] Executive Director Peter Czaban. Announced: [https://medium.com/web3foundation/web3-foundation-and-chainlink-announce-collaboration-df55ed462a3a October 2018].

* [https://proofofwork.news/p/proof-of-work-79 From] [[Proof of Work (Mailing List)|Proof of Work]] #79 (19-11-2019):
"''New [[Polkadot]] Ecosystem Fund [https://polkadot.network/announcing-the-polkadot-ecosystem-fund/?utm_source=twitter&utm_medium=social&utm_campaign=Polychain%20Cap%20Fund launched] by Web3 Foundation and [[Polychain Capital]] to support teams building Polkadot parachains."''
* Is a partner/funder of [[Zenlink]] according to its [https://www.zenlink.pro/en/ website] (11-11-2020).