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.
Grant programs should prioritize transparency to build trust and share valuable insights.
Grant programs should prioritize the grantee experience by seeking feedback and nurturing relationships.
Grant programs should embrace experimentation and continuous learning to have a greater positive impact.
Deep dives
The importance of transparency and sharing internal metrics in grant programs
One area that would greatly benefit grant programs is increasing transparency by sharing internal metrics and progress updates. By being more transparent, grant programs can foster a stronger sense of trust within the community and provide valuable insights into the success and challenges they face.
Focus on the grantee experience
To gain a deeper understanding of impact and effectiveness, grant programs should prioritize the grantee experience. This includes actively seeking feedback from grantees and creating spaces for open and honest communication. Providing support beyond financial resources and nurturing relationships with grantees can lead to more positive outcomes and long-term success.
Standardization and flexibility
While a grant standard can provide guidance and structure for grant programs, it's important to understand that not every program will conform to the same standard. Grant programs can adopt a modular approach, using a combination of standardized elements and custom attestations to meet their specific needs. This allows for flexibility while still enabling interoperability and shared data structures.
Experimentation and learning
Grant programs should embrace experimentation and continuous learning. This includes exploring new impact measurement frameworks, collaborating with other programs, and regularly iterating and improving grant rounds. By taking risks and being open to change, grant programs can evolve and have a greater positive impact in the ecosystem.
Listening to grantees
A key area of focus should be actively listening to grantees and creating opportunities for feedback. Engaging grantees in conversations, both anonymously and through facilitated interactions, can provide valuable insights and help enhance the grantee experience. Prioritizing grantee feedback can lead to better outcomes and a stronger grant program.
Apple Show Link https://podcasts.apple.com/podcast/id1609313639
Spotify Show Link https://open.spotify.com/show/0l6aXWC94dd0RA3tkKfxjd
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----- TIMESTAMPS: 00:00 Kevin Opening Remarks 03:09 Intro Mashal/Eugene 04:21 How did you get started with Web3 Grants Reporting? 07:03 What were some of the guides of the research? 09:10 Hot Takes on the current state of impact meausurement? 13:20 Cross polination of best practices 17:19 Goals and monitoring 21:52 Eligibility via artifacts 24:06 Direction of 2024 30:43 Identifying grant rhythms that works 34:19 Aspiring for effective simplicity in the UX 38:12 Focus on Grants Standard 42:47 Ethereum Attestation Service Schemas 45:20 Anything else? 50:11 Kevin Reflection ----- SOCIALS: 🐦Twitter - https://twitter.com/greenpillnet 🎵 TikTok - https://www.tiktok.com/@greenpill.network 💼 LinkedIn - https://www.linkedin.com/company/91100841 🎧 Discord - https://discord.gg/greenpill 📞Telegram - https://t.me/+g9TM8i7GpxAzMGUx ----- Music by WABI SABI - snowflake - https://thmatc.co/?l=7786B012 ----- 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 Greenpill team writers hold crypto assets.
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