## Fueling the Ecosystem: Sovryn’s Grants Committee and First Approved Projects
Community Call #27 focused on the operational launch of the **Sovryn Builder Program**, introducing the community to the newly formed **Grants Committee**. The session also excitingly showcased the very first cohort of projects that have been approved for funding, marking the official start of a new wave of decentralized development.
### The Role of the Grants Committee
The Grants Committee is a specialized body, elected by the Bitocracy, composed of both core contributors and knowledgeable community members. Their mandate is to manage the day-to-day operations of the Builder Program. This includes:
* **Reviewing Applications:** Carefully vetting all grant proposals submitted by independent developers and teams.
* **Performing Due Diligence:** Assessing the technical feasibility, potential impact, and team strength of each project.
* **Recommending Funding:** Making recommendations to the Exchequer and Bitocracy on which projects to fund.
* **Monitoring Progress:** Tracking the progress of funded projects against their stated milestones to ensure accountability.
### Showcasing the First Grantees
The highlight of the call was the presentation of the first wave of projects to receive grants. This diverse group demonstrated the potential of the ecosystem:
* **Project A [e.g., Sovryn Portfolio Tracker]:** A team building a new analytics dashboard to give users a more detailed view of their investments and historical PnL.
* **Project B [e.g., Mobile Wallet Integration]:** A developer working on integrating Sovryn’s swap functionality directly into a popular mobile wallet.
* **Project C [e.g., Educational Platform]:** A community initiative to create a series of video tutorials and guides for new Sovryn users.
### A New Era of Permissionless Building
The launch of the grants process marks a new era for Sovryn. It shifts the model of development from being solely reliant on the core team to a permissionless environment where anyone in the world can get funded to contribute. This is expected to dramatically accelerate the pace of innovation, leading to a richer, more diverse, and more resilient ecosystem built by the community, for the community.