Since 2021 in Zug
A foundation that works in public
Oriel Foundation is a Swiss non-profit set up to fund the people who build on Oriel Network. It holds the treasury, runs the grant programs and publishes every payment it makes.
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What we do
We pay for work that makes Oriel more useful. We never take equity, tokens back or a seat on your board.
Open by default
Every grant, budget and vote is published with the wallet address that paid it.
Paid on delivery
Money moves when a milestone ships, not when a contract is signed.
Neutral
The foundation runs no products of its own and competes with none of its grantees.
Five years in short
How the foundation grew, year by year
2021
Founded in Zug with 120 million ORL from the genesis supply.
2022
First grant round: 38 teams, $4.1M paid out.
2023
Research fellowships and Oriel Academy open.
2024
Token holders elect the council for the first time.
2025
The ecosystem fund starts matching outside investment.
2026
$48.6M paid to 412 teams in 38 countries.
Council
Seven people, elected for two years
The council approves budgets over $100k, appoints reviewers and answers to token holders at every election.
Lena Vogt
President
Zug
Tomás Ferreira
Treasury
Lisbon
Amara Okafor
Grants
Lagos
Kenji Arai
Research
Tokyo
Sofia Lindqvist
Legal
Stockholm
Daniel Mercer
Security
Toronto
Priya Natarajan
Community
Bengaluru
Reports
Every quarter, line by line
Treasury report Q3 2026
October 2026
Treasury report Q2 2026
July 2026
Treasury report Q1 2026
April 2026
Annual report 2025
February 2026
Have something to build on Oriel?
The application takes about 20 minutes. A reviewer replies within ten working days, whatever the answer.
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