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GreenPill
Season 6 - Ep. 1 - Grants As A Service
Sep 17, 2024
Dive into the evolution of grant programs in the Web3 ecosystem! Discover the shift from traditional grants to community-focused, decentralized funding strategies. Learn about the importance of measurable ROI and tailored approaches for genuine impact. Explore how the Thrive platform enables verifiable project outcomes, emphasizing milestones and collaborative engagement. The discussion also covers the delicate balance between customization and standardization in grant evaluation and the transformative potential of blockchain for sustainable community-driven growth.
46:30
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Quick takeaways
- The evolution of grant programs in Web3 emphasizes community-driven funding mechanisms, enhancing decision-making through decentralized grant councils for greater impact.
- Tracking measurable outcomes and defining clear objectives are crucial for ensuring accountability and transparency in grant-funded projects, improving overall funding efficiency.
Deep dives
The Evolution of Web3 Grant Programs
The discussion highlights the evolution of grant programs within the Web3 ecosystem, emphasizing a shift from traditional grant methods initiated by the Ethereum Foundation and similar organizations to a more diverse range of funding mechanisms. This evolution has led to an increasing number of grant programs that not only offer direct financial support but also explore innovative funding options such as convertible grants and incentives tied to specific contracts. The rise of decentralized grant councils, like those seen in protocols such as Aave, exemplifies a community-driven approach that decentralizes decision-making regarding funding allocations. Overall, the landscape is rapidly changing, with a focus on maximizing the impact of grants through efficiency and adaptability.
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