148 - Leveraging the Gitcoin Grants Stack with Meg Lister
Sep 12, 2023
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Meg Lister, Product Lead at Gitcoin, discusses the Gitcoin Grants Stack and its leverage of Quadratic Funding and other Funding Mechanisms. They reflect on Gitcoin's Journey and Meg interviews Kevin. They also explore the importance of protocols, starting small with grants, and funding the commons and collective decision making.
The Gitcoin Grants Stack is a decentralized app that simplifies the process of setting up and managing grant programs, allowing communities to determine the best projects to fund using mechanisms like quadratic funding and direct grants.
Gitcoin is exploring different funding mechanisms, such as quadratic voting and direct grants, to provide communities with multiple options for funding projects and making decisions collectively.
Deep dives
Overview of Green Pill.Network podcast
The Green Pill.Network podcast focuses on building a coordination and network society of hackers, streamers, and doers who use crypto to bring positive change to digital systems. They feature individuals who are actively working towards this goal. The podcast is published every Tuesday and Thursday, and they provide resources like the Green Pill book on their website. The guest on this episode is Meg Lister, a web3 product leader with experience in crypto. Meg discusses the Geklin grand stack, a new product that allows any EVM based community to utilize the power of Geklin grants. Geklin, a decentralized protocol and web app, enables communities to deploy capital based on their needs, using mechanisms like quadratic funding and direct grants. The product aims to be decentralized, neutral, and democratic, and has transitioned from a centralized grants platform to a modular protocol. Meg, who played a significant role in Geklin's development, shares her insights and enthusiasm for funding what matters in communities.
Ballydow's mission to finance synthetic biology technologies
The podcast also highlights Ballydow, an open global collective working to finance and democratize the governance of synthetic biology technologies. Ballydow's mission is to protect the future of our planet by removing constraints created by nation-state regulations and middlemen. Synthetic biology has the potential to create a world in harmony with nature, producing sustainable growth without extracting carbon from the earth. Ballydow invites individuals to join them in financing and shaping the solar punk world of tomorrow.
Overview of Gitcoin grant stack
Meg provides an overview of Gitcoin grant stack, explaining that it is a decentralized app that allows anyone to create, manage, and run grants rounds. While quadratic funding is a prominent feature of Gitcoin grants, other mechanisms like direct grants are also supported. The target audience includes grants managers, project leaders, and community builders seeking ways to engage their communities and secure funding. Gitcoin grant stack aims to simplify the process of setting up and managing grant programs, allowing communities to harness the collective intelligence of their ecosystems to determine the best projects to fund.
Expanding funding mechanisms and the future of Gitcoin
Meg discusses the future of Gitcoin and its focus on introducing different funding mechanisms to support diverse ecosystems and needs. In addition to quadratic funding, Gitcoin is exploring mechanisms like quadratic voting and direct grants. The goal is to provide communities with multiple options to fund projects and make decisions collectively. Meg highlights the importance of starting with small funding amounts, emphasizing that successful grants rounds can be initiated with even a minimal budget. She also discusses the challenge of balancing decentralization and fast experimentation, mentioning the need for case studies or collaboration with other projects to improve the user experience and modularity of decentralized front-ends.
----- How can we unlock the Power of Community Funding?
Joining the podcast today is Meg Lister, Product Lead at Gitcoin who was previously VP of Product and DAO Ops at Flipside Crypto, where she led MetricsDao. We discuss the Gitcoin Grants Stack and how it leverages Quadratic Funding and other Funding Mechanisms. We also reflect on Gitcoin's Journey and have Meg interview Kevin.
----- 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 Bankless writers hold crypto assets. See our investment disclosures here: https://www.bankless.com/disclosures
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