GreenPill

Season 3 - Ep. 4 - Grants Report: Eugene + Mashal

7 snips
Jan 16, 2024
In this episode, Eugene and Mashal discuss their research on the state of Web 3 grants, including challenges in impact measurement and the importance of collaboration. They also explore trends in grant programs, nurturing positive impact in the crypto industry, and the development of the Medigov grant standard. The speakers highlight the importance of transparency and lasting impact beyond metrics in the Web 3 grants ecosystem.
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INSIGHT

Lack of Impact Measurement

  • Many Web3 grant programs lack impact tracking and measurement.
  • Some programs hesitate to report metrics, especially if they don't indicate growth.
INSIGHT

Reinventing the Wheel

  • Web3 grant programs often reinvent the wheel instead of learning from existing best practices.
  • Many lack a clear theory of change, confusing outcomes (like ecosystem growth) with actual impact.
ADVICE

Cross-Pollination of Best Practices

  • Cross-pollinate best practices from successful grant programs to others.
  • Recognize the diversity of grant approaches; there's no one-size-fits-all solution.
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