ecosystem support program (ESP)

The Millix Foundation funds innovation from developers considered beneficial for the overall Millix ecosystem. Ideas can be from proof-of-concepts to utilities, libraries, and more. Everyone who requires financial support in the broader Millix developer community can be encouraged to develop, collaborate, learn, inspire, and build to drive adoption of the ecosystem & the greater good.

Over $50m USD (funded in millix) is available for funding grants from the Millix Foundation.

Funding applications for any idea are encouraged and will be considered. There are, however, proposal topics of particular interest to the Millix Foundation at the current time.

Millix Foundation Most Wanted

Livecast (1 to many) streaming website with integrated millix payment and tipping (50 billion millix bounty)
Point of Sales (PoS) mobile application incorporating millix payments (100 billion millix bounty)
Mobile platform game with millix play-to-earn and in-game purchases (150 billion millix bounty)
1st NFT project native to millix (150 billion millix bounty)
Cross-chain compatibility bridging to Solana (200 billion millix bounty)
DEX platform with millix staking / yield generation (200 billion millix bounty)

Apply For Funding

Tell us a bit about yourself, what you’re working on, your needs or challenges, and any other information you feel is pertinent for us to know. You’ll hear back from someone on the ESP team very soon!

We only collect the following information submitted below and will not use or share for any purposes other than evaluation.

Project Name *

Make it catchy and memorable.

Project description *

Include 2-3 paragraphs. Optional: include a pitch deck.

Team profile *

Who are the members of your team? Please write or link to bios.

Impact *

How will your project impact the larger Millix ecosystem?

Needs and Challenges *

What are some of your most pressing needs?

Funding amount requested*

Provide your best estimate of funding required to complete the entire project.

Notes: During the evaluation process, determinations about disbursements will be made, such as:

Funding structure (will funding be delivered as a lump sum, in tranches, based on milestones or deliverables?)
Progress evaluation criteria (how is success defined?)
Milestones and deliverables (what are the team expected to accomplish, and on what timeline?)
Expectations for how funding will be used

Previous work *

Please provide links to code, research, or other documentation.

Contact person*

Contact email*

Did anyone recommend that you contact the Ecosystem Support Program (ESP)? If so, who?

whitepaper

overview

millix is an open source cryptocurrency project. millix is fully decentralized, designed for simplicity, transacts at very high speed and very large scale.

work began on the project in spring of 2018 by a diverse group of developers and business professionals. their motivation to create a cryptocurrency protocol with the use case potential of millix came from their backgrounds building:

social network platforms
content management systems
e-commerce systems
data distribution systems
online financial services
communication services
affiliate marketing
manufacturing and logistics operations
gaming platforms
accounting and legal practices

fundamentally, there was a recognition that

“all activity benefits from trusted
transactions at scale”

which influenced the following set of first principles:

currencies should not be created with debt
currencies should operate at infinite scale
the cost of securing value can't exceed the value it secures
a currency's market value should be proportionate to its fundamental value
participants that increase fundamental value should be compensated
currencies should function without carrying the weight of previous transactions
currencies should work the same throughout the spectrum of transaction values
modern currencies should be at least as simple to use as primitive currencies
simplicity at the edge is only possible with equal simplicity in the foundation

to the extent there is an inverted correlation between utility and a store of value, millix is not intended to compete with the use case or feature set of blockchain projects. the utility that comes from scale and speed has been prioritized, leading to the principles and methodologies described above.

learn more: meet the millix team

case study: the speed and scale of millix

Developers: millix certification for technical and non-technical careers

economy

the total allocation of 9,000,000,000,000,000 mlx (nine quadrillion millix) were created in a genesis event on January 20th , 2020. millix is not being offered directly for sale. instead it will be distributed to participants who support and improve the millix ecosystem.

participants running millix software constantly receive millix for performing protocol related tasks that improve the millix ecosystem, such as storing transaction data and verifying transactions.

the economy is envisioned to allow any participant to incentivize any computing activity by any other participant via fees.

learn more: how can I earn, buy or sell millix?

use case: millix turns unused computer power into income

technology

unlike blockchain cryptocurrencies, millix is built on the logic of Directed Acyclic Graph (DAG) for transaction speed and capacity that increases as more transactions and users are added.

millix is original work and was not built on a copied code base of existing work. millix has no points of centralization. millix has no designed bottlenecks. millix has no hierarchy of participants of capabilities. millix data is natively sharded.

learn more: how does millix data sharding work

learn more: the millix toolbox of trust

learn more: how do transactions work

learn more: how do transactions get verified

learn more: how does the millix network work

developers: full API documentation and tutorials