Funding the Commons: Accelerating the Public Goods Funding Ecosystem

Public Good Projects Discussion
11

  • Can you provide more detail on how the $20k for the Commons Fund is being allocated across the various initiatives mentioned, and what specific outcomes you expect from these allocations?

    • The $20k for the Commons Fund is being allocated in the following ways:
      • $10k to fund the Builder Basic Income Fund, matched by Drips.Network.
        • Intended outcomes:
          1. Prototype an experiment for builders to develop open source public goods with the support of a basic income. To this end, we plan to work with the 3 builders and publish impact updates together with them periodically on their progress.
          2. Leverage our contribution with matching grants from the public goods community - this has already been accomplished with a matching commitment from Drips.
      • $10k allocated to Funding the Commons retroPGF round.
        • Intended outcomes:
          1. Fund projects, initiatives, and efforts in the Funding the Commons ecosystem that have contributed value to the public goods funding ecosystem.
          2. Establish a track record as an emerging public goods funding round operator.
          3. Inspire more of our community to proactively develop public goods funding infrastructure.

  • Since impact is the hot topic these days, how do you plan to measure the long-term impact of the conferences, particularly in relation to the connections and collaborations formed during these events?

    • Projects that emerged from ideas presented at Funding the Commons (e.g., Hypercerts) or connections that formed at Funding the Commons (e.g., da0).
    • Funding secured for public goods projects that was a result of Funding the Commons - would be measured through follow-up surveys, self-reporting from projects.
    • New members of the Octant community (e.g., staking GLM and voting on Octant) resulting from Funding the Commons - would need to be coordinated together with the Octant team via community outreach/surveys, POAP tagging of wallets, etc.

  • And lastly, I’m curious if you could share more about the process and criteria for selecting local community partners and organizers for future Funding the Commons events?

    • Local community partners and organizers are selected based on the following criteria:
      • Reputation and proven track record for organizing web3 & tech conferences locally (e.g., DAO Tokyo, Vietnam Fintech Summit, DeSci Berlin, Green Fintech Network), Taipei Blockchain Week, including connections with local vendors, local & regional speakers, academic institutions, public institutions, media outlets, and sensitivity to local culture.
      • Proven ability to fundraise & attract sponsors and philanthropists to events.
      • References: Well-regarded by the local community and vetted through personal references from the Funding the Commons network.
      • Public goods orientation and values.
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