Today we’re excited to announce a $350,000 grant fund for organizations and creators to launch social tokens that advance social and environmental action. This kicks off our ‘Summer Of Action’. Applications for up to $50k grants are now live with an August 31st submission deadline. As the first grant fund ever established for social tokens, the fund will provide purpose-driven organizations and creators with monetary and in-kind support.
Socialstack worked with the Starboard team to craft a social token that increased sales and digital engagement with their merchandise and clothing brand, SOMWR, while incentivizing customer actions that incentivized their ESG and corporate impact goals.