S9 E5 | Is Public Goods Funding Sustainable? w/Sophia Dew (Celo)

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Aug 22, 2024

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In this episode, we’re speaking with Sophia Dew, DevRel Engineering Lead at Celo, about all things onchain funding and what goes into launching a layer 2 blockchain.

Sophia joined Celo about a month ago, and prior to that she was working on Public Goods Network, or PGN, a layer 2 blockchain focused on public goods. PGN ended up running out of money and winding down but Sophia learned tons of lessons along the way about maintaining a blockchain that she shares with us in this episode.

We then did a deep dive into onchain funding - what new things it enables, why it’s important, and Sophia gives lots of examples of use cases or apps she would love to see get built out in the onchain funding arena.

Sophia was nominated by Nicole (by way of Triumph) and voted onto the podcast by Richie Bonilla, Andy Boyan, Meg Lister, David Phelps, Rachael Amy, and Triumph.

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0:00 Intro

2:47 How to launch a layer 2 blockchain via Public Goods Network (PGN)

6:41 How to maintain and grow a blockchain

14:21 Does it make sense to build an L2 focused on public goods?

16:07 Playbook for launching an L2

17:56 What does blockchain enable for public goods funding?

20:56 Framework for designing onchain funding mechanisms

27:07 Examples of onchain public goods funding outside of crypto

31:54 How to design regenerative funding mechanisms

42:28 What is Celo?

48:29 Can You Not

50:50 Follow Sophia

DISCLAIMER: The information in this video is the opinion of the speaker(s) only and is for informational purposes only. You should not construe it as investment advice, tax advice, or legal advice, and it does not represent any entity's opinion but those of the speaker(s). For investment or legal advice, please seek a duly licensed professional.