30% of grant funding never reaches its intended target. Funders have neither access to modern tools, nor the bandwidth to process applicants, so they are very prone to incidents of fraud, waste and abuse. Inefficiencies in this ecosystem kill healthy competition, slows innovation, and reduces equitable access, causing economic strain and social unrest.

The future of grant funding has no applications. Similar to modern loans generated by lenders with a continuous understanding of your financials, the future of grant funding is based on a trustless ecosystem, where capital partners have all of the data they need to approve and provide funding, while managing their risk.

Applicants will maintain a single profile on OpenGrants and account on a grant funding network, giving them expedited access to funds housed in tax advantaged structures managed in DAO’s, custodial accounts and other vehicles that live on the OpenGrants network.