Public Goods FlyWheel

We recently were one of the selected grantees for Octant’s Community Fund, for our Public Goods FlyWheel growth campaign. We wanted to get our proposal up here in hopes of some cross-pollution and experimentation.

TLDR;

We are creating a Public Goods Flywheel, by ensuring that GLM gets into the hands of regenerative and public goods-minded individuals so that more people stake and use Octant.

A more in depth look:

Octant is an app that looks to fund various public goods projects using democratic and community led voting systems. Unlike many other projects, Octant has a reliable funding supply, but needs to have a larger public reach, with more engaged GLM holders in order to grow and scale its user base. Our marketing and growth campaign pulls inspiration from Octants self nomination system for projects looking to receive funding via their app, but instead looks to reward high quality individuals interested in supporting public goods.

In a play on a retro citizens round, people will be able to nominate themselves or nominate others in a series of call to actions that require people to post and engage in the Octant farcaster channel. This will include needing to quote tweet and answer a weekly prompt. These prompts will not only serve as a means of selecting those who will receive GLM, but these prompts will also help highlight and teach people about Octant works and how to get involved.

The final weeks prompt is ‘proof of stake’ where participants will stake their GLM in Octant and be entered into a contest to win a larger pool of GLM tokens.

Our end goal is to create a Public Goods Flywheel, by ensuring that GLM gets into the hands of regenerative and public goods-minded individuals so that more people stake and use Octant.

If you want to read more about our campaign and read our original proposal you can check it out here - https://app.charmverse.io/octant-community-fund/public-goods-flywheel-9797027594937666

We are looking to launch this at the end of July and have participants staked and able to participate in epoch 5.

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We’re also going to be running a raffle with the first iteration of this raffle being largely driven from folks who are locking new GLM. I see this idea you are sharing as very complimentary. I’d love to keep this forum post updated with new information as the program progresses :slight_smile: