# Stellar Community Seed Fund No1 Wrap Up

> Stellar Community Fund seed round №1 concluded with 8 projects receiving 5M XLM in grants. Winners include COINQVEST, Anclap, OptionBlox/YieldBlox, Task.io, Litemint, Leaf Global Fintech, Mojoflower, and Blocknify. Two additional rounds planned for 2021 with process improvements including Discord migration and budget requests.

**Metadata**

- Published: 2021-05-11
- Author: Tyler van der Hoeven
- Original publisher: `stellar.org`
- Original article: https://stellar.org/blog/ecosystem/stellar-community-seed-fund-no1-wrap-up
- Tags: SCF, DeFi

## Summary

The first Stellar Community Fund seed round awarded 5M XLM across 8 projects spanning payments, DeFi, gaming, fintech, and blockchain infrastructure. Grant recipients include COINQVEST (enterprise payments), Anclap (digital wallet), OptionBlox/YieldBlox (DeFi protocols), Task.io (social missions), Litemint (gaming/NFTs), Leaf Global Fintech (stablecoin wallet), Mojoflower (SME share management), and Blocknify (e-signatures). The SDF plans two additional 3.5M XLM rounds in 2021 and is implementing community feedback: moving discussions to Discord, adopting budget-request voting, and limiting voting to qualified community members to improve fairness and prevent gaming.

*Lumen Loop re-covers third-party publications. The full article body is not exposed here — follow the original-article link above for verbatim content.*

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*Source: https://lumenloop.com/news/stellar-community-seed-fund-no1-wrap*