I think the “Already working on EA jobs / projects that can be done from the Bahamas” is the answer here. To my read, this isn’t trying to fully fund someone’s work, but rather to incentivize someone to do the work from the Bahamas . If you were self-funding a project from savings, this doesn’t suddenly provide you a full salary, but it still probably looks very good as it could potentially eliminate your cash burn.
If it’s an EA project and you need support, I’d apply to EA Funds, and tell FTX that you’re interested and say you’re still seeking funding. Even if they have the money, they also aren’t throwing cash at anything that moves—and FTX isn’t the best placed group to evaluate EA projects. And I’d note that EA funds also aren’t particularly funding constrained—but if they were, it would make more sense for FTX to give them money instead of trying to evaluate projects and fund people directly.
Isn’t the $10k additional to the salary that you’ll keep receiving from your employer?
Assuming you have an employer
I think the “Already working on EA jobs / projects that can be done from the Bahamas” is the answer here. To my read, this isn’t trying to fully fund someone’s work, but rather to incentivize someone to do the work from the Bahamas . If you were self-funding a project from savings, this doesn’t suddenly provide you a full salary, but it still probably looks very good as it could potentially eliminate your cash burn.
Sure, but “already working on an EA project” doesn’t mean you have an employer.
If it’s an EA project and you need support, I’d apply to EA Funds, and tell FTX that you’re interested and say you’re still seeking funding. Even if they have the money, they also aren’t throwing cash at anything that moves—and FTX isn’t the best placed group to evaluate EA projects. And I’d note that EA funds also aren’t particularly funding constrained—but if they were, it would make more sense for FTX to give them money instead of trying to evaluate projects and fund people directly.