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Update application-template.md
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applications/application-template.md

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# Name of your Project
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> [!NOTE]
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> This document will be part of the terms and conditions of your agreement and, therefore, needs to contain all the required information about the project. Don't remove any of the mandatory parts presented in bold letters or as headlines (except for the title)! Lines starting with a `>` (such as this one) should be removed. Please use markdown instead of HTML (e.g., `![](image.png)` instead of `<img>`).
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>
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> See the [Grants Program Process](https://github.com/w3f/Grants-Program/#pencil-process) on how to submit a proposal.
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- **Payment**: In case of payment in **USDC or USDT**, please provide a Polkadot AssetHub address and the currency (e.g. 15oF4... (USDC)). In the case of **fiat** payment, please share your bank account privately with [email protected] via your contact email (see below) and list here the date and time of your email (e.g. Fiat 24.12.1971, 11:59).
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- **[Level](https://github.com/w3f/Grants-Program/tree/master#level_slider-levels):** 1, 2 or 3
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> :exclamation: *The combination of your GitHub account submitting the application and the payment address above will be your unique identifier during the program. Please keep them safe.*
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> [!IMPORTANT]
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> *The combination of your GitHub account submitting the application and the payment address above will be your unique identifier during the program. Please keep them safe.*
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## Project Overview :page_facing_up:
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## Team :busts_in_silhouette:
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> [!IMPORTANT]
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> Please note that the data provided in this section is for administrative and informational purposes only. All beneficiaries of a grant must also be listed in the KYC/KYB process during the application phase. See our [FAQ](https://grants.web3.foundation/docs/faq#what-is-kyckyb-and-why-do-i-have-to-provide-this-data) for more info.
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### Team members
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Below we provide an **example roadmap**. In the descriptions, it should be clear how your project is related to Substrate, Kusama or Polkadot. We *recommend* that teams structure their roadmap as 1 milestone ≈ 1 month.
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> :exclamation: If any of your deliverables are based on somebody else's work, make sure you work and publish *under the terms of the license* of the respective project and that you **highlight this fact in your milestone documentation** and in the source code if applicable! **Projects that submit other people's work without proper attribution will be immediately terminated.**
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> [!CAUTION]
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> If any of your deliverables are based on somebody else's work, make sure you work and publish *under the terms of the license* of the respective project and that you **highlight this fact in your milestone documentation** and in the source code if applicable! **Projects that submit other people's work without proper attribution will be immediately terminated.**
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### Overview
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- **FTE:** 1,5
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- **Costs:** 8,000 USD
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> :exclamation: **The default deliverables 0a-0d below are mandatory for all milestones**, and deliverable 0e at least for the last one.
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> [!NOTE]
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> **The default deliverables 0a-0d below are mandatory for all milestones**, and deliverable 0e at least for the last one.
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| Number | Deliverable | Specification |
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| -----: | ----------- | ------------- |

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