GreenPill

Season 7. Ep. - 3 - Ideas for 2025 PGF Builders W/ Juan Benet

17 snips
Dec 23, 2024
Juan Benet, founder of Protocol Labs and the mind behind IPFS and Filecoin, dives deep into the future of public goods funding. He discusses the current state and challenges of funding allocation and stresses the need for rapid experimentation. Benet emphasizes the potential of AI in optimizing funding mechanisms, advocates for sustainable funding structures, and highlights innovative tools like retroactive public goods funding. The conversation also touches on bridging research with practical implementation, aiming to transform funding processes by 2025.
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INSIGHT

Crypto's Potential

  • Rewriting funding structures and economies is crypto's most exciting potential.
  • It can accelerate R&D and improve science/technology translation.
INSIGHT

Balancing Research and Implementation

  • Building successful products requires both product iterations and rigorous research, especially in game theory.
  • Bridge the gap between builders and researchers for wider impact.
ADVICE

Funding Allocation Strategy

  • Allocate significant overhead for R&D to improve funding mechanisms.
  • Prioritize impact over cost initially, then optimize for cost reduction.
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