[Applications are now closed. Please apply to Open Phil or SFF or other funders]
Like most of you, we at Nonlinear are horrified and saddened by recent events concerning FTX.
Some of you counting on Future Fund grants are suddenly finding yourselves facing an existential financial crisis, so, inspired by the Covid Fast Grants program, we’re trying something similar for EA. If you are a Future Fund grantee and <$10,000 of bridge funding would be of substantial help to you, fill out this short form (<10 mins) and we’ll get back to you ASAP.
We have a small budget, so if you’re a funder and would like to help, please reach out: katwoods@nonlinear.org
[Edit: This funding will be coming from non-FTX funds, our own personal money, or the personal money of the earning-to-givers who've stepped up to help. Of note, we are undecided about the ethics and legalities of spending Future Fund money, but that is not relevant for this fund, since it will be coming from non-FTX sources.]
Hi! Thanks for the questions.
Yes, most crypto people have taken a hit, including Emerson. As far as I know, he has no plans to slow down his donations to Nonlinear.
We’re not using Future Fund grant money for this. That being said, we are still gathering information, but based on our conversations with lawyers and distressed debt investors, we are not as concerned as some community members are about clawbacks, especially for very small grants. This may update in the future as more information comes out.
We have had several funders reach out to us. Still working out the details :)