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GreenPill
142 - Gitcoin Citizens Round: Results & Lessons with Kris, Shawn & Umar
Aug 22, 2023
Join Kris Decoodt, Shawn Grubb, and Umar Khan of Gitcoin on the GreenPill podcast as they discuss the Retroactive QF Round, Gitcoin Governance, Airdrop Farmers, and the future of Gitcoin.
45:17
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Quick takeaways
- The success of the Gitcoin citizens round demonstrates the value of community support and the potential of quadratic funding to fund ecosystem development.
- Efficient grant distribution mechanisms are essential for governance and capital allocation within DAOs, and retroactive funding can incentivize individuals who have contributed to a project or ecosystem's success.
Deep dives
The Gitcoin Citizens Round: Rewarding Contributors to the Gitcoin Ecosystem
The podcast episode discusses the Gitcoin citizens round, a retroactive public goods funding round that aimed to reward individuals and projects that have contributed to the success of the Gitcoin ecosystem. The round allocated $20,000 in matching funds and received over $80,000 in donations from more than 17,000 unique contributors. The success of the round demonstrated the value of community support and showcased the potential of using quadratic funding to fund ecosystem development. The next citizens round is planned for October, with a focus on individual contributors and potential experiments in data science and analysis for Gitcoin.
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