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Contributor Access Bundle DBs
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PGF Q1 Budget Proposal
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PGF Q1 Budget Proposal

Related to Contributors DB (1) (Working Documents)
Initiative
🛠️
Untitled
Contributor(s)
GC Forum Gov. Post.
🗄️ Initiatives DB
link
Related to Action Items DB (Working document)
Due Date
Created date
Introduction
The goal of the public goods funding workstream is to help increase the interest in public goods within the web3, and to increase the funding for and the usage of quadratic funding based systems.
The initial workstream proposal was successfully passed on 7th August 2021 through a snapshot vote, and allocated 45k GTC to operationalize this mission.
As a refresher, we proposed 4 key activities:
  1. Help set up processes to manage the GitcoinDAO treasury
  1. Create grassroots efforts to increase community empowerment and participation
  1. Build a team for moderating shared governance spaces
  1. Scale the operations for and usage of Gitcoin Grants
Our Journey so far
The following aims to explain what the Public Goods Funding (PGF) workstream has achieved in the last 18 weeks (as of 12 December) while spending ~25k GTC of a Q3 budget (55% of the budget thus far), and opting out of applying for a Q4 budget.
Q3-Q4 Summary
Let's start by talking about the initial goals as set out in our original budget.
  1. Manage the GitcoinDAO treasury
    1. After building out an initial strategy PGF handed off further work to CrossDAO ops, an emerging cross-workstream executive body built to help scale core functions of the DAO
    2. Treasury management is now being led by Shreyas from PGF alongside Christine from FDD, with input from other stakeholders and contributors
  1. Grassroots efforts to increase community empowerment and participation
    1. PGF has put forward a number of initiatives to foster a community that cares about public goods, including the Public Library and Public Goods Are Good
    2. Many of our key contributors over the last 3-6 months have come through these efforts including Alisha, Annika, Kris, Lani, Linh, QZ, Vishnu, and more (probably ~20 total contributors providing measurable value across the DAO)
  1. Moderating shared governance spaces
    1. Moderation was scaled up by PGF as part of our launch, when spam was overloading channels; while there's still work to do on moderation, looking at comparables by community size like Uniswap shows that we have achieved a huge improvement in signal / noise over a relatively short period
    2. CrossDAO ops is now helping to continue this initiative as part of "DAO support" as proposed, and passed, in this proposal
  1. Getting community input on our Grants rounds
    1. Gitcoin Grants Round 12 (GR12) has been our largest yet, with over $3m in net-new funds raised for the matching pool, and 30% more contributions than GR11
      1. Ongoing activities are in progress that are likely to raise $3-5m in additional funding prior to GR13
    2. This is still a key PGF function and will continue to evolve as Holdings and the DAO merge
Continuing Activities and Proposed Budget
In Q1, we are seeking to spin up and continue the following efforts for the public good:
Grassroots Community Efforts (15k GTC)
/
  1. With the success of our existing programs, and some new ideas in waiting, we want to:
    1. Continue to improve and grow the Public Library
        • Continue to have >20 attendees for >5 weeks
        • Scale and standardize the onboarding process so we can keep quality high (Bhaumik has agreed to come on to help here)
        • Grow the number of partnerships between the library and related communities (e.g. Crypto Culture and Society)
        • Continue to invite on the most aligned thinkers on public goods like Griff Green (discussing token engineering public goods economies), Niran Babalola (on funding public goods), and Simona Pop (on designing for human thriving)
    2. Continue to expand the reach of Public Goods Are Good
        • These weekly Twitter Spaces were envisioned to help solidify Gitcoin and its parters key forces pushing forward Public Goods by interviewing folks who have presented in the library more formally, for a larger audience, following up each post with a summary (sample 1, session 2, session 3)
        • Guests so far include Griff, Niran, Manu, and Aya. Other sessions with matching funders from ENS, Synthetix, NounsDAO, and more were aimed to coincide with Grants Round 12, holding with 10 total sessions taking place over 4 weeks to help drum up interest in Public Goods especially regarding the journeys of people behind these organisations.
  1. Gitcoin Grants Operations: to increase the usage of Gitcoin Grants (40k GTC)
    1. As mentioned earlier, running grants ops through PGF is an evolution and formalization of the initial idea of "getting community input on our Grants rounds"
    2. Led by Annika and Scott, we managed to get >$3M for our matching pools
    3. We also started new Thematic rounds for organizations focused on Advocacy, Climate, and Longevity
        • Climate Change - $250k - Funding projects combatting climate change led by Scott/Annika
        • Longevity - $65k - Funding open science & longevity research led by Scott/Vishnu
        • Advocacy - $900k - Funding projects that defend digital human rights and help improve crypto regulation led by Scott/Connor
    4. We have also continued supporting Ecosystem rounds with our partners
        • Uniswap - $50k - Supporting open source in Uniswap's ecosystem led by Connor
        • Polygon - $100k - Supporting open source in Polygon's ecosystem led by Michael/Chris
        • Forefront - $25k - Supporting open source in Forefront's ecosystem led by Jihad
        • ZKTech - $50k - Supporting open source in zk's ecosystem led by Michael
        • Synthetix - $75k - Supporting open source in Synthetix's ecosystem led by Kyle/Annika
        • Gitcoin Building Gitcoin - $25k - Funding projects building Gitcoin's ecosystem led by Connor
    5. Finally, we have ongoing efforts to build relationships with other organizations that can begin to support our public goods funding efforts on their own (e.g. NounsDAO, Momus Collective, PleasrDAO)
  1. Partnerships to Support Organizations that Build Public Goods (25k GTC)
    1. Led by Scott/Vishnu, the goal is to work with organisations through token swaps, partnerships, and by incubating new ideas directly under PGF
    2. Notable token swap proposals:
      1. DeveloperDAO proposal - issue 50,000 GTC for governance rights equating to 5% of Developer DAO when governance is live to help ensure that Gitcoin and Developer DAO can work together to coordinate bringing more web2 developers into web3
      2. PrimeDAO proposal - grant Gitcoin $250K USD worth of PrimeDAO’s $D2D governance token at a price of $0.50 per token for a total of 500K $D2D coins, equating to 0.5% of Prime DAO treasury to help ensure that Gitcoin and Prime can work together to build tooling for DAO2DAO coordination
    3. Notable partnerships and incubations:
      1. Gitcoin helped incubate and provide initial funding for Verses led by Jasmine Wang and hopes to continue public discourse around the kinds of values we want to see in web3 as it scales; several drops are in planning incuding with groups like Metagov and Fight for the Future.
      2. Gitcoin helped incubate and provide initial funding for 0xPARC alongside a number of other organizations to help further application level research (e.g. Dark Forest)
      3. Gitcoin partnered with Reboot to help run the a next iteration of its call for new kinds of public goods
    4. Efforts to Create a Public Goods Coalition
      1. This initiative is currently nascent and was born out of an initial idea of bringing a diversity of new people who may have a lot to contribute into the Gitcoin public goods community
      2. This is currently underway through lore building as part of the Solar Punk narrative that Gitcoin is sharing through the greatestLARP with Moonshot Collective and memes with the MMM workstream.
      3. Working title is to "green pill" people into actively contributing to public goods, taking on a similar vein to concepts in the Matrix where people achieve an awakening of the state of society and wish to do something about it. This concept is also being included in the GitcoinDAO digest tweet summaries (sample 1, sample 2)
        4.  
 
🗃️
Contributor Access Bundle DBs
/
💐
PGF Q1 Budget Proposal
💐

PGF Q1 Budget Proposal

Related to Contributors DB (1) (Working Documents)
Initiative
🛠️
Untitled
Contributor(s)
GC Forum Gov. Post.
🗄️ Initiatives DB
link
Related to Action Items DB (Working document)
Due Date
Created date
Introduction
The goal of the public goods funding workstream is to help increase the interest in public goods within the web3, and to increase the funding for and the usage of quadratic funding based systems.
The initial workstream proposal was successfully passed on 7th August 2021 through a snapshot vote, and allocated 45k GTC to operationalize this mission.
As a refresher, we proposed 4 key activities:
  1. Help set up processes to manage the GitcoinDAO treasury
  1. Create grassroots efforts to increase community empowerment and participation
  1. Build a team for moderating shared governance spaces
  1. Scale the operations for and usage of Gitcoin Grants
Our Journey so far
The following aims to explain what the Public Goods Funding (PGF) workstream has achieved in the last 18 weeks (as of 12 December) while spending ~25k GTC of a Q3 budget (55% of the budget thus far), and opting out of applying for a Q4 budget.
Q3-Q4 Summary
Let's start by talking about the initial goals as set out in our original budget.
  1. Manage the GitcoinDAO treasury
    1. After building out an initial strategy PGF handed off further work to CrossDAO ops, an emerging cross-workstream executive body built to help scale core functions of the DAO
    2. Treasury management is now being led by Shreyas from PGF alongside Christine from FDD, with input from other stakeholders and contributors
  1. Grassroots efforts to increase community empowerment and participation
    1. PGF has put forward a number of initiatives to foster a community that cares about public goods, including the Public Library and Public Goods Are Good
    2. Many of our key contributors over the last 3-6 months have come through these efforts including Alisha, Annika, Kris, Lani, Linh, QZ, Vishnu, and more (probably ~20 total contributors providing measurable value across the DAO)
  1. Moderating shared governance spaces
    1. Moderation was scaled up by PGF as part of our launch, when spam was overloading channels; while there's still work to do on moderation, looking at comparables by community size like Uniswap shows that we have achieved a huge improvement in signal / noise over a relatively short period
    2. CrossDAO ops is now helping to continue this initiative as part of "DAO support" as proposed, and passed, in this proposal
  1. Getting community input on our Grants rounds
    1. Gitcoin Grants Round 12 (GR12) has been our largest yet, with over $3m in net-new funds raised for the matching pool, and 30% more contributions than GR11
      1. Ongoing activities are in progress that are likely to raise $3-5m in additional funding prior to GR13
    2. This is still a key PGF function and will continue to evolve as Holdings and the DAO merge
Continuing Activities and Proposed Budget
In Q1, we are seeking to spin up and continue the following efforts for the public good:
Grassroots Community Efforts (15k GTC)
/
  1. With the success of our existing programs, and some new ideas in waiting, we want to:
    1. Continue to improve and grow the Public Library
        • Continue to have >20 attendees for >5 weeks
        • Scale and standardize the onboarding process so we can keep quality high (Bhaumik has agreed to come on to help here)
        • Grow the number of partnerships between the library and related communities (e.g. Crypto Culture and Society)
        • Continue to invite on the most aligned thinkers on public goods like Griff Green (discussing token engineering public goods economies), Niran Babalola (on funding public goods), and Simona Pop (on designing for human thriving)
    2. Continue to expand the reach of Public Goods Are Good
        • These weekly Twitter Spaces were envisioned to help solidify Gitcoin and its parters key forces pushing forward Public Goods by interviewing folks who have presented in the library more formally, for a larger audience, following up each post with a summary (sample 1, session 2, session 3)
        • Guests so far include Griff, Niran, Manu, and Aya. Other sessions with matching funders from ENS, Synthetix, NounsDAO, and more were aimed to coincide with Grants Round 12, holding with 10 total sessions taking place over 4 weeks to help drum up interest in Public Goods especially regarding the journeys of people behind these organisations.
  1. Gitcoin Grants Operations: to increase the usage of Gitcoin Grants (40k GTC)
    1. As mentioned earlier, running grants ops through PGF is an evolution and formalization of the initial idea of "getting community input on our Grants rounds"
    2. Led by Annika and Scott, we managed to get >$3M for our matching pools
    3. We also started new Thematic rounds for organizations focused on Advocacy, Climate, and Longevity
        • Climate Change - $250k - Funding projects combatting climate change led by Scott/Annika
        • Longevity - $65k - Funding open science & longevity research led by Scott/Vishnu
        • Advocacy - $900k - Funding projects that defend digital human rights and help improve crypto regulation led by Scott/Connor
    4. We have also continued supporting Ecosystem rounds with our partners
        • Uniswap - $50k - Supporting open source in Uniswap's ecosystem led by Connor
        • Polygon - $100k - Supporting open source in Polygon's ecosystem led by Michael/Chris
        • Forefront - $25k - Supporting open source in Forefront's ecosystem led by Jihad
        • ZKTech - $50k - Supporting open source in zk's ecosystem led by Michael
        • Synthetix - $75k - Supporting open source in Synthetix's ecosystem led by Kyle/Annika
        • Gitcoin Building Gitcoin - $25k - Funding projects building Gitcoin's ecosystem led by Connor
    5. Finally, we have ongoing efforts to build relationships with other organizations that can begin to support our public goods funding efforts on their own (e.g. NounsDAO, Momus Collective, PleasrDAO)
  1. Partnerships to Support Organizations that Build Public Goods (25k GTC)
    1. Led by Scott/Vishnu, the goal is to work with organisations through token swaps, partnerships, and by incubating new ideas directly under PGF
    2. Notable token swap proposals:
      1. DeveloperDAO proposal - issue 50,000 GTC for governance rights equating to 5% of Developer DAO when governance is live to help ensure that Gitcoin and Developer DAO can work together to coordinate bringing more web2 developers into web3
      2. PrimeDAO proposal - grant Gitcoin $250K USD worth of PrimeDAO’s $D2D governance token at a price of $0.50 per token for a total of 500K $D2D coins, equating to 0.5% of Prime DAO treasury to help ensure that Gitcoin and Prime can work together to build tooling for DAO2DAO coordination
    3. Notable partnerships and incubations:
      1. Gitcoin helped incubate and provide initial funding for Verses led by Jasmine Wang and hopes to continue public discourse around the kinds of values we want to see in web3 as it scales; several drops are in planning incuding with groups like Metagov and Fight for the Future.
      2. Gitcoin helped incubate and provide initial funding for 0xPARC alongside a number of other organizations to help further application level research (e.g. Dark Forest)
      3. Gitcoin partnered with Reboot to help run the a next iteration of its call for new kinds of public goods
    4. Efforts to Create a Public Goods Coalition
      1. This initiative is currently nascent and was born out of an initial idea of bringing a diversity of new people who may have a lot to contribute into the Gitcoin public goods community
      2. This is currently underway through lore building as part of the Solar Punk narrative that Gitcoin is sharing through the greatestLARP with Moonshot Collective and memes with the MMM workstream.
      3. Working title is to "green pill" people into actively contributing to public goods, taking on a similar vein to concepts in the Matrix where people achieve an awakening of the state of society and wish to do something about it. This concept is also being included in the GitcoinDAO digest tweet summaries (sample 1, sample 2)
        4.