Octant has announced that its Octant Community Fund is now rebranded as the Octant Growth Fund. This change reflects a renewed commitment to driving growth and raising awareness of Octant within the ecosystem.
The Octant Growth Fund will focus on supporting projects that can deliver real, measurable results. The fund is looking for initiatives to boost user participation, enhance GLM locking, and increase engagement on social media.
Projects that achieve SMART goals—Specific, Measurable, Achievable, Relevant, and Time-bound—will be prioritized, contributing to the overall growth of the Octant platform. To ensure alignment with strategic objectives, the Octant team will take a more active role in managing the fund. This includes issuing targeted Requests for Proposals (RFPs) and providing direct support to the projects that receive funding.
As Octant v2 approaches, the organization is also committed to progressive decentralization. The goal is to gradually empower the community with more decision-making authority, allowing greater ownership of the fund’s processes over time.
To track the success of funded projects, the Octant Growth Fund will implement clear metrics, such as increases in GLM locking, new user onboarding, and growth in social media engagement. Community participation will be a key factor in evaluating the fund’s impact, ensuring that both applicants and broader community members play an active role in shaping its direction.
With these changes, Octant is eager to work with projects that can drive meaningful growth and make a lasting difference. The rebranded Octant Growth Fund is ready to support initiatives that will propel the platform to new heights.
