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Grants Round 2 Recap


Thank you to everyone who contributed to Ma Earth Grants Round 2, supporting regenerative land and ocean projects around the world. In addition to the $200k matching pool, 931 donors gave over $30,000 to the 30 selected projects.

We are grateful to Biome Trust, Naia Trust, and Gitcoin for providing the matching pool, and to Gitcoin for hosting the round as part of #GG22, which took place Oct 23-Nov 6, 2024.

We were pleased to see meaningful growth relative to our first round, including in project applications and unique donors. You can read more about the round results in our recap below.

Round 2 Report Card on Gitcoin

The grants round used “quadratic funding” on blockchain tools. While web3 is still in its infancy, we are excited to support experimentation for real-world impact and place-based regeneration. (If you’re not familiar with quadratic funding yet, here’s a quick 30-second explainer of how it works.)

Shout out to our friends at BioFi Project and Regen Coordination, who also ran community rounds in Gitcoin Grants 22, for bioregional activation and individual community members.

Compared with Ma Earth’s first round, there was a greater variance in the second round’s final matching pool distributions. In the future, we will consider adding a minimum matching floor to mitigate this effect.

Whale Coin illustrated by Hans Valør and designed by Torus Matrix. Airdropped to Round 2 onchain donors.

For those who donated to the round onchain (using a crypto wallet), we’ve just airdropped this Whale Coin NFT into your wallet on the Optimism network, as a gesture of our gratitude. Illustrated by Hans Valør with coin design by Torus Matrix, this limited edition artwork is the second of a three-part Earth Coins series.

We appreciate all the support, including from our team, round panelists, and advisors.

To stay up date on future grants rounds, you can subscribe to this blog, and follow Ma Earth on LinkedIn, Instagram, X, and Farcaster. You can also tune-in to our interview series The Regeneration Will Be Funded on YouTube, Spotify, and Apple Podcasts.

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