Funding the Commons: Accelerating the Public Goods Funding Ecosystem

Project Name

Funding The Commons (FtC)

Project Description and why it’s classified as a Public Good

Funding the Commons (FtC) originated as an event series aiming to cultivate a public goods community spanning across the spectrum, including Web2, Web3, research, philanthropy, government, and industry. Its primary focus is the fostering of innovative public goods funding mechanisms. By leveraging the FtC community, brand, events, extensive resources from key partners, and a growing builder community, the organization aims to establish a sustainable PGF ecosystem, and shape the discourse around public goods funding. This involves integrating existing public goods funding platforms to build a cohesive infrastructure, allocating resources effectively, and incubating innovative projects.

Our current focus is to bootstrap a virtuous cycle of builders and a community of protocols in creating and integrating public goods funding infrastructure, and leveraging that infrastructure, in addition to the infrastructure of leading PGF protocols, to fund the next wave of builders.


Funding the Commons will continue with its flagship offering: curated, thematic conferences leading the discourse in public goods funding, and bridging the gap between web3, web2, academia, and mainstream philanthropy.

We have successfully produced 7 conferences around the world in places such as New York City, Lisbon, Berlin, and Paris, in conjunction with major web3 events. Our speaker roster has included Juan Benet (founder of Protocol Labs), Vitalik Buterin, Jaan Tallinn (founder of Skype, director of Future of Life Institute), and many more.

Videos of presentations from previous conferences can be found on our YouTube channel, which exists as an evergreen educational asset for the global community interested in public goods to access our conference virtually in perpetuity.


Our first Fund Public Goods hackathon, ran in partnership with Buidlbox and completed on 1 September 2023, saw $100k in bounties allocated amongst 400+ competing builders prototyping public goods funding infrastructure on protocols such as Gitcoin, Brave, Celo, Drips, Filecoin Green, ENS, and more. Upon completion of the first Funding the Commons hackathon, we have identified a positive-sum outcome that generates grants for developers, prototypes for public goods funding protocols, and reputational prestige in the builder communities. The winners can be viewed here. Our goal with hackathons is to identify global talent in the public goods builder community, and in this way grow our community of builders.


Facilitating collaboration over an extended period of time has led to long conversations, and high levels of collaboration and cross-pollination. A very interesting collaboration between two residency projects has emerged as a good example of this: GainForest and impactMarket are collaborating along with Celo, to prototype “Conservation Basic Income” as a way to solve 2 critical issues – poverty and on the ground data labeling – simultaneously.

We are currently planning a residency and pilot program in in 2024. We are looking at two locations. The first option is Split, Croatia in 2024, in partnership with the municipality and mayor of Split, local conference and hackathon BlockSplit, and Gitcoin. The residency would focus on applying web3 public goods funding infrastructure to real-world public goods funding: engaging the citizens of Split, Croatia to directly participate in allocating a portion of Split’s municipal budget. There is already significant sponsor interest in supporting this residency, as it gives the opportunity for blockchain protocols to prototype real-world non-speculative use cases with potential 6-figure user base growth. The second option is Chiangmai, Thailand.

Main Project Funding Sources

Protocol Labs, Gitcoin, Octant, Celo, Drips, Brave, Near, Optimism retroPGF
Optimism retroPGF application: Optimism Agora
Gitcoin GG19 application: Gitcoin | Explorer

Seeking project-specific funding or funding for general operations

Project-specific funding for:
Next Funding the Commons Residency
Funding the Commons conferences
Builder basic income (BBI)
A defragmented funding and impact evaluation stack

Project Roadmap and Milestones (only for project-specific funding):

Next Funding the Commons Residency

Identify, resource, and amplify early stage projects. Creates an intimate space to create relationships between organizations, builders, and thought leaders. Finish analysis, evaluation, and research of this residency. Create a framework for measuring impact and metrics of future residencies, and implement a PoC. Potential direct benefits to Octant from residency outcomes:
Octant integrated with other aspects of PGF stack
Reputation by association
Pipeline of public goods builders applying for funding on Octant

What is a Funding the Commons Residency (explainer video) -

Funding the Commons Berlin Residency Recap (summary video) -

Funding the Commons Conferences in 2024

FtC Taipei 2023 recap video:
Funding the Commons conferences are the premier ecosystem bringing together the web3 public goods funding community, and bridging the gap with web2, academia, institutional philanthropy, non-profits, and the public sector. Funding the Commons has hosted 8 editions around the world, including Lisbon, New York, Bogota, Paris, Berlin, and Taipei. 300+ speakers have presented their work, with over 3000+ combined participants. For the benefit of the general public unable to attend, all presentations are recorded and posted on our YouTube channel.
Academics present new research in public goods funding mechanism design, protocols present their experiments and public goods funding programs, representatives from the public sector and institutional philanthropy share decades of experience in funding real-world public goods, and representatives from web2 share the wisdom gleaned from funding open source for the past 25 years since the advent of the internet. At Funding the Commons, these communities overlap, share information, learn from each other, and form new cross-industry and cross-sector partnerships and projects. Builders meet funders, for new projects, and integrate new research. Major protocols discuss learnings and methodologies with each other, and collaborate on funding public goods together. In this way, new public goods initiatives are catalyzed, and existing initiatives are turbocharged.

  • April 2024: Funding the Commons SF Bay Area. Funding the Commons comes to the Bay Area in April 2024, iterating on our signature format bringing together builders, funders and academics leading innovation in the public goods space. We’re focused this time on two areas of rapid innovation underpinning fundamental infrastructure for navigating the digital-physical commons: AI and Open Web. sThe FtC experience design team is joined by partners to curate programming for each track, which will each take place over a full day.
  • July 2024: Funding the Commons Tokyo, in partnership with DAO Tokyo, Fracton Ventures, and DeSci Tokyo.
  • Q4 2024: Funding the Commons “Road to DevCon” will take place in Southeast Asia preceding DevCon.

Builder Basic Income (BBI) Program

Create Builder Basic Income Fund for our builders who wish to continue working on public goods projects, including those initiated during the Berlin Residency.

The Builder Basic Income Fund is an interface for patrons to support a curated list (a Drips List) for builders. It will also be the first “mini-product” created directly by Funding the Commons which will kickstart the virtuous cycle of builders creating public goods funding infrastructure to fund more builders. Builders will have a curated list of project concepts based on the public goods funding infrastructure stack to choose from. Hypercerts will be awarded to patrons, and a “Based Builder Hyperboard” will be created to display the dynamic contributions of patrons and builders. Builders will publish monthly progress for the Funding the Commons community.

Blog post draft further elaborating the BBI: Medium

Applied Research: Funding and Impact Evaluation Stack

The funding and impact evaluation stack aims to create alignment and convergence on a consolidated defragmented public goods funding stack, which is compatible with Octant V2. +
Two research and development initiatives are planned for 2024: Prototyping a Hypercerts-driven Public Goods Fund, and a new primitive to unify the fragmented public goods funding stack.

By bringing together many projects building on the public goods funding stack, and bringing in representatives leading common infrastructure projects, thought leaders, and facilitating cross pollination and collaboration we have effectively facilitated and encouraged consolidation of public goods funding projects to meet at a schelling point of a public goods funding stack that makes sense at this point in time.

The current public goods funding stack is fragmented and inefficient, with much duplication of data structures, incompatibility of data, duplicate functionality, and incompatibility. Our new initiative to develop a primitive, Ground Zero, will remove fragmentation in the public goods pipeline and create an interoperable Impact funding system which will provide the basis for building impact investment, and markets for public good impact.

GZ will also make it easy to onboard high quality projects, and monitor and evaluate their success in a more efficient, transparent manner while creating transparency.

This will help enable Funding the Commons to attract and fund high quality projects and create incentive alignment between the different participants enabling them to co-ordinate in exponential value creation with in built value signalling, increasing the probability that capital funds productive impact creation.

Product Overview

The primary function of Ground Zero is to:

  1. Create alignment and convergence for a consolidated public goods funding stack.
    By bringing together many projects building on the public goods funding stack, and bringing in representatives leading common infrastructure projects, thought leaders, and facilitating cross pollination and collaboration we have effectively facilitated and encouraged consolidation of public goods funding projects to meet at a schelling point of a public goods funding stack that that aligns
  2. Create a POC that shows what was achieved during the FtC residency which is aligned with a longer term vision of what we believe a public goods funding stack should look like.
  3. Create a standardised way for projects to collaborate, and be funded. This provides a system to reward and acknowledge the high uncertainty, high upside projects that may or may not be captured by other mechanisms (e.g. prospective grants).
    • Seeks to reduce fragmentation in the public goods pipeline and create Interoperable Impact Funding systems

This will enable:

  • Defragmentation
  • Data portability
  • Reduce the cold start problem
  • Enable impact evaluation using standard metrics and apis

Team Information, including backgrounds and roles:

David Casey - Director at Funding the Commons. 2x Founder @ ReSource Protocol, NuMundo, Scout @ Celo, Advisor @ Gane, Values Co, Hyphen.Earth. LinkedIn: David Casey - Funding the Commons | LinkedIn
Beth McCarthy - Experience Design/Events & Marketing at Funding the Commons. Formerly @ Centrifuge, Toucan, Gnosis, Ocean Protocol.
LinkedIn: Beth McCarthy - Funding the Commons | LinkedIn
Anna Medina Perez - HR, Admin, Operations at Funding the Commons. Formerly @ReSource Protocol, HSBC
Joaquin Moreno - Financial Administration at Funding the Commons. Professor of Finance at Universidad ORT Uruguy. Formerly Oikocredit, Quantum Capital, Unilever, ReSource Protocol. LinkedIn:
James Farrell - Funding Stack and Impact Evaluation at Funding the Commons. Co-founder @ Toucan Protocol. Github: positonic (J△MΞS) · GitHub LinkedIn: James Farrell - Toucan Protocol | LinkedIn

Advisors and Collaborators
Juan Benet - Founder & CEO @ Protocol Labs
Eleftherios Diakomichalis - Co-founder @ Radicle, Drips
Rene Reinsberg - Co-founder @ Celo
Holke Brammer - Director @ Hypercerts Foundation

Social Credibility (development progress, awards, notable GitHub commits, referrals):

Our FtC Residency in Berlin attracted over 200 applicant projects, of which only 40 were selected. Workshops and mentor sessions from the following partners.

  • Molly Mackinlay, Will Scott (Protocol Labs)
  • Daniel Burnett (Ethereum Enterprise Alliance)
  • Nate Gosselin Product Lead of Allo (Gitcoin)
  • Technical Lead of Octant (Golem Foundation)
  • Steve Ellis (Chainlink co-founder)
  • Mark Tyneway (OP Labs co-founder)
  • Rene Reinsberg (Celo co-founder)
  • Jonas (retroPGF lead at Optimism)
  • Jeff Pulver (creator of the public good VoIP)
  • Eleftherios Diakomichalis (Radicle & Drips co-founder)
  • Holke Brammer (Director, Hypercerts)
  • Anirudha Bose (Brave)
  • Arthaud Mesnard (
  • Janine Leger (Zuzalu)

40+ peer to peer workshops and coworking sessions including smart contract development, zero knowledge cryptography, AI integrations, public funding systems, impact evaluation, and economics in developing countries.

250k+ USD estimate of follow up funding to projects as a result of relationships developed during the residency.

Projects worked on during Berlin residency

  • Arbiter - Arbiter is a framework for stateful Ethereum smart-contract simulation.
  • AtMoos: A Free House - The Freehouse is an intelligent and self regulating living object/entity with two demonstrators (Moos and TDF).
  • Common Ground Database - A shared database containing behavior information and due diligence about projects on different grants programs.
  • NineTails - UI Configurator for flashbot bundles.
  • ZK Proof of Exploits - Tool for proving exploits found without revealing them.
  • Privatized Gitcoin Donations - Sean from Aztec working on this.
  • Decentralized Credit Scores in Nigeria/Ghana
  • Impact Market - UBI and Microloans in some of the world’s most vulnerable populations.
  • Project JubJub - Experiments with ZK proofs and NFC chips.
  • Split QF - Quadratic Funding system for local municipalities in Split, Croatia.
  • Anonymous Proof of Humanity - via ZK obfuscated government issued IDs.
  • ZK Email Wallet - Provide framework for anyone to send transactions via email, also lets you bring inboxes “on-chain” for all manner of fascinating new use cases.
  • HackerDrop - System for deploying hypercerts.
  • GitCoin Project Scanner - automatically enriches information on GitCoin projects to help identify fraud.
  • FreeHaus Project - Experiment in tokenized ownership of a beautiful communal space in the heart of Berlin.
  • GainForest - Research project and top 6 contender for the 10 million dollar X prize for scalable biodiversity measurement protocol.
  • ChainExplorer - AI chatbot that leverages on and off chain data, allowing for deep dives into reputation and impact.
  • Quadratic Attention - System for signaling user engagement with advertisements.
  • Circuit breakers - Circuit breakers will help projects overcome their security challenges by allowing anyone to easily create robust, production-ready smart contracts with just a few lines of code.
  • Impact evaluation framework - Building an impact evaluation framework for web3
  • FtC: Impact evaluation stack - A POC stack for evaluating the impact of FtC
  • On-chain Representation of Hyperboards - with an associated wallet using ERC6551
  • Unalienating Systems - A study into how to prevent a sense of disconnection or estrangement within communities and individuals
  • RETH contributions - Help reth to become production ready.

Discord contact

Display name: David C

Secondary Contact: Beth
Username: ontologymachine

Project Summary

Funding the Commons (FtC) is growing a Public Goods community through conferences, residencies, and hackathons. We help builders explore and develop on existing infrastructure through real-world contexts. Our residency program and conferences help to connect enterprises, governments, and protocols with builders and projects in the web3 space.

In 2024, we will continue to grow the credibility of our brand in the public eye as a center for thought leadership in the public goods funding space. This includes bridging web3, web2, AI, government, institutional philanthropy, and academia.

Eligibility criteria

  • Do you have a commitment to open-source (i.e. every open-source license accepted by the Open-Source Initiative) technology and sharing results publicly?

  • Have you provided transparency about how exactly funding will be used?
    In 2024, our planned budget is:

  • $300k for three conferences (San Francisco, Tokyo, Southeast Asia)
  • $300k for staff / operational costs (3 full-time team members, 3 part-time)
  • $100k for a residency
  • $100k research & development grants for public goods funding infrastructure

Funding the Commons events have been excellent ways for the Tor Project to meet people who are not part of our ‘traditional ecosystem’ but have clear values alignment and are working towards similar things. Some strong relationships have been forged because of these events. Thanks for doing what you do!


Achievements since the last Octant Epoch:

FtC Taipei

Upcoming milestones on your project roadmap:

  • Funding the Commons Berkeley 13-14 April (conference), in partnership with UC Berkeley Center for Responsible Decentralized Intelligence

  • Edge City California June (residency)

    • FtC plans to support Edge City by producing a content track on public goods funding
    • Edge City Wiki Link
  • FtC Tokyo 24-25 July (conference)

    • Sponsor deck link
    • Octant is listed as a sponsor, and will be invited to speak as well as table
  • Decentralized Web Camp 7-11 August (unconference)

    • Website link

      • "DWeb Camp is a five-day retreat for builders and dreamers to connect, learn, share and have fun as we work towards building a better, decentralized web. A web that actualizes the principles of trust, human agency, mutual respect, and ecological awareness. "
    • Participate in the following capacity:

      • At DWeb Camp, Funding the Commons will organize a designated zone for exploring the concept of Archiving as Resistance – how archiving and “an-archiving” serve as a process and repository for collective wisdom capture and sharing, bearing witness, capturing and producing memory, and enabling the definition and persistence of identity and narrative.

      This concept is deeply intertwined with the function of the decentralized web, especially when independently and securely hosted by the individuals creating, preserving and sharing their own records.

      Through experiments, experiences, peer-to-peer learning, storytelling and scenario building, and live curation of our own archive, we will expand on the theory, practice, and tangible application of “archiving as resistance” with Dweb co-curatorial partners from Protocol Labs, Internet Archive, Gray Area and more.

      We’re excited to design this experience spanning 4-5 days of DWeb, as part of a larger thoroughline of research, experimentation and philanthropic initiatives including topic areas at our conferences and the International Refugee Solidarity Fund, described below.

  • FtC Bangkok ~8-9 November (unconference)

  • Launch of the International Refugee Solidarity Fund with 2-3 pilots in 2024

    • The International Refugee Solidarity Fund is a project that Funding the Commons will launch in partnership with a number of prominent blockchain ecosystems to support refugees around the world using blockchain technology, while pioneering and prototyping real-world use cases for blockchain such as financial inclusion & financial security, digital identity, and information storage.
    • Pilots are currently being considered in Ukraine, Nigeria, Argentina, and Thailand (Burmese). Pilots are being assessed for their case study value and their potential to demonstrate real world impact of blockchain technology, for the benefit of the web3 community & industry
  • FtC Residency in Thailand in October

  • FtC public goods hackathon in Q4 2024

  • How funds from the previous Epoch were utilized and plans for any funds raised from Epoch Two:

    • Octant sponsorship for FtC Taipei
    • Octant sponsorship for FtC Berkeley (upcoming April 13-14)
    • Octant sponsorship for upcoming FtC events in 2024 (FtC Tokyo, FtC Bangkok, and Southeast Asia developer residency in the fall)
    • We hired a dedicated marketing team member who is now coordinating with Octant marketing team to support community-building efforts for both of our communities. This allows FtC to give more dedicated support to Octant as one of our key partners & allies in growing the public goods funding movement
  • Grant funding received since the last Epoch (e.g., RetroPGF, Gitcoin, etc.), including funding amounts:

    • Optimism retroPGF: 92,000 OP tokens (approx. $300k USD)
    • Gitcoin x Zuzalu events round: $20,000 USD
  • Other non-grant funding sources (like user payments, donations, staking or LP contributions to treasury, VC investments, etc.):

    • Sponsorship revenue from FtC Taipei
    • Ticket sales from FtC Taipei (~$1000)
    • Sponsorship revenue for FtC Berkeley
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Octant Epoch IV Update

June 2024

Update on Organization Priorities

With 9 international conferences since its inauguration in 2021, Funding the Commons is a referential event series across strategic markets for PGF innovation. FtC has also been organizing successful builder residencies, numerous public goods funding hackathons, as well select impact pilot projects leveraging the tools platformed across its ecosystem.

Within the web3 ecosystem, FtC has established itself as the premier conference for PFG advancements, specifically targeting thought-leading builders, innovators and funders.

By providing a platform for these individuals to showcase their work and connect with public goods funders, FtC has been instrumental in fostering collaborations and bringing to light the contributions of the Public Goods community to a broader audience.

This initiative has bridged the gap between Octant and the wider public goods funding ecosystem, encompassing both web3 and web2 spaces, thereby facilitating an environment where ideas and methodologies for sustaining open-source projects can flourish and evolve.

Launch of The Commons Fund (June)

  • At FtC, we develop, spotlight, incubate, and fund blockchain-based PGF infrastructure and tooling. We also deploy this infrastructure through pilot experiments that serve as positive use-cases, leveraging blockchain technology to drive real-world impact and sustainable open-source software innovation. This approach supports rapid iteration and innovation cycles on PGF tooling. This will include running the first Funding the Commons retroPGF in 2024 to support open source PGF builders, with the support of Protocol Labs.
  • Starting this year, we are launching 2-3 real-world pilots leveraging new public goods funding infrastructure to serve vulnerable communities with blockchain innovation in partnership with established philanthropic foundations, blockchain foundations & protocols, international institutions, NGOs and humanitarian actors invested in Public Goods Funding innovation.
    • Use cases being prototyped include financial inclusion & security, crypto literacy & education, digital identity/sybil resistance, and decentralized storage.
    • Pilots currently being considered in Ukraine, Sudan, Nigeria, Uganda, Argentina, and Thailand (Rohingya).
    • Pilots are being assessed for their case study value and their potential to demonstrate real world impact of blockchain technology, for the benefit of the web3 community & industry.
    • The Thailand residency and hackathon mentioned in the below sections are woven into the launch roadmap for the Thailand pilot currently in development.
  • Another significant experiment currently in progress showcasing Funding the Commons’ dedication to supporting public goods builders is the creation of the Builder Basic Income Fund on Drips.
    • This initiative serves as a concrete mechanism to offer continuous financial support to PGF developers. It allows them to concentrate on adding value within open-source ecosystems without the burden of financial uncertainty.
    • By ensuring a steady income for builders, Funding the Commons not only aids individual creators but also sets a new standard for public goods funding, encouraging other entities to adopt similar supportive measures.

Launch of Earth Commons (March)

Last quarter, Funding the Commons inherited Sustainable Blockchain Summit (SBS), now known as Earth Commons, a new conference series focused on exploring new models & mechanisms to better steward planetary commons. This broadens our ecosystem and allows us and our partners to reach beyond our current public goods community.

Achievements since the last Octant epoch:

Octant was a central sponsor within the context of our last event, Funding the Commons Berkeley (April 13-14) gathering builders, researchers and funders in the Bay Area in partnership with UC Berkeley Center for Responsible Decentralized Intelligence. Funding the Commons focused on two areas of rapid innovation underpinning fundamental infrastructure for navigating the digital-physical commons: AI and the Open Web. The inaugural conference for Earth Commons focused on building bridges between climate entrepreneurs, academics, technologists, funders, NGOs, and international public institutions to explore the funding and governance of nature’s commons.

  • Total Impact of SF Berkeley:
    • 793 registrations across both events
    • Both events were part of the Protocol Labs Lab Week on PG and combined, these 2 events accounted for the majority of attendees gathered for 22 total events that week.
    • Total online audience leveraged for promotional content on the conference, including posts featuring Octant: 9.9K
    • Media Reach & Production: impact for longevity of conversations post-conference
      • 72 PG presentations recorded on Open Source, AI and Climate Tech
        • 37 FtC + 35 EC - to be posted on YouTube in June
      • 45 social films, “Open Conversations” series ****highlighting leaders in PG ecosystem
      • 9 video podcasts interviews by Ma Earth Media
      • 13 profile films by Spaceport in the context of Protocol Labs Lab Week on PG
  • Impact of FtC track sponsored by Octant:
  • Impact of Earth Commons track:
    • We launched a new conference series stretching our ecosystem by focusing on the nexus of new technologies for climate impact. ****Event was held in the same location as FtC, exposing attendees ****to the Octant sponsorship of FtC and allowing both crowds to cross-pollinate.
    • Since March, the FtC team inherited the Sustainable Blockchain Summit conference series. Originally born from Filecoin Green, SBS focused on platforming web3 sustainability initiatives and is growing it in a new form: Earth Commons.
    • Our team is focused on building out a new ecosystem to transform the funding and governance of nature’s commons, such as forests, fisheries, oceans, biodiversity, freshwater reservoirs, and other ecosystem services, by uniting the forces of Web2, Web3, research, philanthropy, and industry.
    • The inaugural conference held in Berkeley last April in partnership with the Berkeley Climate Change Network was a great success, gathering :

Upcoming milestones on your project roadmap:

Overview of 2H24 Live-Events Calendar

  • 3 International Conferences (EU + APAC)
    • FtC Tokyo, July 24-25
      • Sponsor deck link
      • Octant is listed as a sponsor, and will be invited to speak and participate in workshops, as well as table.
    • Earth Commons, Zurich Sept 13-14
      • Earth Commons will gather for its second live event in Zurich September 13-14th to bridge the world of climate tech with local financial institutions, NGOs and institutional philanthropic organizations focused on solving systemic problems.
        • Day 1 will be a broad audience conference setting allowing us to expose new PG funding mechanisms such as Octant’s funding ecosystem to significant EU and Swiss actors.
        • Day 2 will be a private closed-door workshopping session with highly curated attendee profiles (<50 people) to host focused facilitated discussions on topics like the evolution of impact reporting, alongside new funding mechanisms, grant-making, running funding distributions, and new models for adoption in these sectors including Octant’s funding ecosystem.
    • FtC Bangkok, November 8-9
      • FtC Bangkok will be the first of its kind, Design Sprint by FtC, produced in partnership with UNICEF and APAC DAO
      • Sponsor deck link 1
      • Octant will be listed as a sponsor
  • 1 FtC Builder Residency, Chiang Mai, Thailand, October
  • 1 FtC Online Public Goods Hackathon (Q4)
  • 3 Pop Ups Events
    • Edge City Esmeralda, California, (June)
    • EthCC Brussels (July)
    • Edge City Crecimiento, Argentina (August)
      • FtC plans to support Edge City by producing a content track on public goods funding
  • 7 Public Goods Town Halls by FtC (Monthly Community Calls)
    • Starting in June, we are kicking off these monthly Zoom call with our most loyal community members, allowing for a recurring, international gathering of thought-leaders in the Public Goods space in between conferences.
    • What to expect? Enriching discussions and exclusive benefits for the audience: networking in break-out rooms, promo codes, rewards, early announcement releases, collaboration/employment opportunities, highlights of ongoing projects enrolled in fundraising activities - cross-promotion and cross-donation incentives, project pitches or reviews in small groups.
    • Joining these calls allows Octant to participate in a continuous conversation with our community. We would love for one of these calls to be dedicated to Octant speakers to provide education, incentives and open conversations about joining the Octant community to further break-down barriers to potential conversions.

How funds from the previous Epoch were utilized and plans for any funds raised from Epoch III:

Though we did not receive funding from Epoch III, we will list activities that benefited from Epoch II funding:

  • Octant sponsorship for FtC Taipei (December 2023)
  • Octant sponsorship for FtC Berkeley (April 2023)
  • Octant sponsorship for upcoming FtC events in 2024 (FtC Tokyo, FtC Bangkok, and Southeast Asia developer residency and hackathon in the fall)
    • Forecasted events budget for 2H24: $350,000
    • Operational costs for 2H24: $300,000
  • We hired an additional marketing team member to further enable strategic community-building and recruitment efforts for our ecosystems. This allows FtC to give more dedicated support to Octant as one of our key partners in growing the public goods funding movement beyond the promotional period of our live events, sustaining our share of voice throughout the calendar year.
  • Grant funding received since the last Epoch (e.g., RetroPGF, Gitcoin, etc.), including funding amounts:
    • Gitcoin GG20: ~$5000 USD
    • Celo retroPGF: 2455 Celo Tokens (~$2k)
    • Filecoin retroPGF: 1903 FIL (~$11k)
  • Other non-grant funding sources (like user payments, donations, staking or LP contributions to treasury, VC investments, etc.):
    • Sponsorship & Ticket Sale Revenue from FtC Taipei
    • Sponsorship & Ticket Sale Revenue for FtC Berkeley
    • Sponsorship & Ticket Sale Revenue for FtC Tokyo

Just want to +100 this and say that the FtC Berkeley has been a highlight of 2024 so far. We were proud to be a sponsor :slight_smile:


Thanks for sharing all of this @david-fundingcommons !! On this event specifically, it was quite interesting to hear about the narrative the AI crowd had about crypto. Was there anything you can share about why this is? Also if there were any changes in perception after the event?

1 Like

@james Thanks for the question. With respect to the open source AI community, this was a learning experience for us as it was our first direct touch point with this ecosystem, and we learned a lot. Perception from the AI community about web3, especially in the SF Bay Area, is that crypto as an industry has been tarnished with scandals and there is a significant amount of mistrust. I think that in-person events that enable genuine cross-industry dialogue are key towards building bridges, and we strongly believe that open source digital public goods are that bridge.