Season 4 - Ep. 16 - Giveth & q/acc with Griff Green
May 21, 2024
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Griff Green explores quadratic funding in the crypto ecosystem, challenges in web3 grants, and funding mechanisms in Ethereum. Discussions include ecosystem alignment, token economies, innovative mechanisms like Q Act, and collaboration with Gitcoin. The podcast also reflects on on-chain voting, coordination strategies, and the importance of collaboration in advancing the crypto space.
Giveth uses quadratic funding to support public goods projects.
Partnership with Polygon aims to revamp web3 grants with transparency and value creation.
Deep dives
Introduction to GreenTill.network.com
GreenTill network is focused on building a network society using crypto to enhance digital systems. The current season explores innovative capital allocation methods, emphasizing impact and ecosystem growth alongside financial returns.
Crowdfunding with Givith and Quadratic Funding
Givith, led by Griff Green, functions as a crowdfunding platform utilizing quadratic funding to support public goods projects. QAC, a new mechanism introduced by Givith, involves an augmented bonding curve that connects donations to project funding in unique ways, like FriendTech for public goods.
Challenges in Web3 Grants Ecosystem
The web3 grants landscape poses challenges, with projects moving between Layer 2 solutions and selling grant tokens for development funding. The need for aligned incentives and community involvement in project success to counter this behavior is evident.
Teaming Up with Polygon for Funding Innovation
Givith announces a partnership with Polygon, aiming to revamp the web3 grants ecosystem with a focus on transparency and value creation. The collaboration plans to address the flaws in traditional grant structures by utilizing mechanisms like augmented bonding curves and innovative funding strategies.
Stay up to date on the progress of q/acc - https://giveth.typeform.com/qacc-interest
Evolving Nonprofits into Regen Economies - https://blog.giveth.io/evolving-nonprofits-into-regen-economies-f8282f97f8d3
SOCIALS: 🐦 Twitter - https://twitter.com/greenpillnet 🎵 TikTok - https://www.tiktok.com/@greenpill.network 💼 LinkedIn - https://www.linkedin.com/company/greenpill-global/ 🎧 Discord - https://discord.gg/greenpill 📞Telegram - https://t.me/+g9TM8i7GpxAzMGUx Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure: From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Greenpill team writers hold crypto assets.
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