Coinbase Giving x Toucan: Announcing Ecosystem Grants for Regenerative Innovation

Update: June 2022
Last month we opened early applications for our first round of grants. Today, we are excited to announce the expansion of our criteria and a list of example projects that we are excited to see in our ecosystem and support with grants. Check out the Toucan grant program below and reach out with any questions about our process!

• Projects that increase Carbon Supply
• Planet positive NFT/Gaming/Metaverse projects
• Projects that increase Usability in the ReFi space
• Projects that provide Utility to Toucan and the on-chain carbon market

We at Toucan 💚 builders, and we’re here to make it as easy as possible to build with carbon. To do this, we are excited to announce that Coinbase Giving has agreed to grant $500k to Toucan to kickstart our Builder Hub, and 100 percent of the funds will go directly toward supporting innovators operating at the intersection between the climate and web3! Through our builder program, you can gain free access to mentorship, events, workshops, educational content, and grants for products of all stages, from ideation to a fully developed product.

“One of the core ideas of blockchain is addressing coordination failures, and here at Coinbase Giving, we strive to empower founders and teams that are growing the benefits this space can offer. We are excited to officially announce our collaboration with Toucan, a public infrastructure for carbon markets running on open blockchains, to grow and strengthen the crypto ecosystem while addressing one of the most significant coordination failures of our time.” –Harrison Dahme from the Coinbase Giving

For the first round of grant recipients, we’re looking for products that:

  • Are building with the Toucan infrastructure
  • Have not previously received over $1m in funding
  • Expand utility
  • Expand end-user access
  • Expand Diversity, Equity, Inclusion, and Justice (DEIJ) in web3
  • Are needed within their ecosystem

Bonus points for products with:

  • Open-source tech
  • Traction
  • Commercial opportunity

Applications are currently OPEN, and all interested builders should apply directly through the Toucan Builder Hub by Saturday, April 30th in order to be considered for the first round of grants! Decisions will be announced by mid-May. Applications will then continue to remain open and reviewed on a monthly basis for consideration in future rounds.

This partnership with Coinbase is the first of many developments in our emerging Builder Hub, so make sure to follow our Twitter to stay up-to-date on all the latest Toucan news! Ongoing builder support and more information on Toucan and the Builder Hub are also available in our Discord. If you haven’t already, come join our bustling community to hang out with other builders and gain access to our dedicated community engineer!


Coinbase Giving has agreed to grant $500k to Toucan to kickstart our Builder Hub, with 100% of the funds directly supporting builders. The first round of applications are open now through Saturday, April 30th, and should be submitted directly through the Toucan Builder Hub. We will announce the first grant recipients by mid-May.

Happy building!

What is Toucan?
Toucan is building the technology to bring the world's supply of carbon credits onto energy-efficient blockchains and turn them into tokens that anyone can use. This paves the way for a more efficient and scalable global carbon market.