Crypto solves real problems
Stablecoins make cross-border dollars as easy to send as a text message at 1/100th the cost. Yet most Americans fail to appreciate how valuable this is.
Crypto solves real problems
Stablecoins make cross-border dollars as easy to send as a text message at 1/100th the cost. Yet most Americans fail to appreciate how valuable this is.
It's easy to poke holes in Retro Funding, it's hard to make it better
Why most critiques of Retro Funding miss the mark—and what actually matters if we want to fund public goods better.
It's easy to poke holes in Retro Funding, it's hard to make it better
Why most critiques of Retro Funding miss the mark—and what actually matters if we want to fund public goods better.
A deep dive on impact metrics for Retro Funding 4
Voting for Optimism’s fourth round of Retroactive Public Goods Funding (“Retro Funding”) just started. You can check it out here. Last round, voters were tasked with comparing the contributions of more than 500 projects, from underlying infrastructure like Geth to pop-up cities like Zuzalu, and then constructing a ballot that assigned a specific OP reward to each project based on its perceived impact. This round, voters will be comparing just 16 impact metrics – and using their ballots to con...
A deep dive on impact metrics for Retro Funding 4
Voting for Optimism’s fourth round of Retroactive Public Goods Funding (“Retro Funding”) just started. You can check it out here. Last round, voters were tasked with comparing the contributions of more than 500 projects, from underlying infrastructure like Geth to pop-up cities like Zuzalu, and then constructing a ballot that assigned a specific OP reward to each project based on its perceived impact. This round, voters will be comparing just 16 impact metrics – and using their ballots to con...
A deep dive on impact metrics for Retro Funding 4
Voting for Optimism’s fourth round of Retroactive Public Goods Funding (“Retro Funding”) just started. You can check it out here. Last round, voters were tasked with comparing the contributions of more than 500 projects, from underlying infrastructure like Geth to pop-up cities like Zuzalu, and then constructing a ballot that assigned a specific OP reward to each project based on its perceived impact. This round, voters will be comparing just 16 impact metrics – and using their ballots to con...
A deep dive on impact metrics for Retro Funding 4
Voting for Optimism’s fourth round of Retroactive Public Goods Funding (“Retro Funding”) just started. You can check it out here. Last round, voters were tasked with comparing the contributions of more than 500 projects, from underlying infrastructure like Geth to pop-up cities like Zuzalu, and then constructing a ballot that assigned a specific OP reward to each project based on its perceived impact. This round, voters will be comparing just 16 impact metrics – and using their ballots to con...
Exporting public goods funding beyond our immediate circles
This post is inspired by the work and thought leadership of organizations explicitly mentioned (Gitcoin, Optimism, Drips, Superfluid, Hypercerts, etc) as well as various conversations with Juan Benet and Raymond Cheng regarding the features of network capital vs private capital.Every funding ecosystem has domains that are core and domains that are important but peripheralGitcoin visualized this concept of nested scopes nicely in a blog post in 2021. The original post described a stack of impa...
Exporting public goods funding beyond our immediate circles
This post is inspired by the work and thought leadership of organizations explicitly mentioned (Gitcoin, Optimism, Drips, Superfluid, Hypercerts, etc) as well as various conversations with Juan Benet and Raymond Cheng regarding the features of network capital vs private capital.Every funding ecosystem has domains that are core and domains that are important but peripheralGitcoin visualized this concept of nested scopes nicely in a blog post in 2021. The original post described a stack of impa...
Exporting public goods funding beyond our immediate circles
This post is inspired by the work and thought leadership of organizations explicitly mentioned (Gitcoin, Optimism, Drips, Superfluid, Hypercerts, etc) as well as various conversations with Juan Benet and Raymond Cheng regarding the features of network capital vs private capital.Every funding ecosystem has domains that are core and domains that are important but peripheralGitcoin visualized this concept of nested scopes nicely in a blog post in 2021. The original post described a stack of impa...
Exporting public goods funding beyond our immediate circles
This post is inspired by the work and thought leadership of organizations explicitly mentioned (Gitcoin, Optimism, Drips, Superfluid, Hypercerts, etc) as well as various conversations with Juan Benet and Raymond Cheng regarding the features of network capital vs private capital.Every funding ecosystem has domains that are core and domains that are important but peripheralGitcoin visualized this concept of nested scopes nicely in a blog post in 2021. The original post described a stack of impa...
Opening the RetroPGF ballot box: analysis on 21,813 anonymous votes
I wasn’t planning to do any more writing about Optimism’s RetroPGF3. It’s been two months since the round ended, and I’ve already done a bunch of writing on the topic. You can find it here and on the Optimism forum. But then, a few days ago, I was nerd-sniped by this dataset of anonymized voting results. I vowed to only take a quick look at the end of my workday. Guess how well that went… The dataset shows how 21,813 votes were cast across 643 projects by 100+ independent voters (“badgeholder...
Opening the RetroPGF ballot box: analysis on 21,813 anonymous votes
I wasn’t planning to do any more writing about Optimism’s RetroPGF3. It’s been two months since the round ended, and I’ve already done a bunch of writing on the topic. You can find it here and on the Optimism forum. But then, a few days ago, I was nerd-sniped by this dataset of anonymized voting results. I vowed to only take a quick look at the end of my workday. Guess how well that went… The dataset shows how 21,813 votes were cast across 643 projects by 100+ independent voters (“badgeholder...
Opening the RetroPGF ballot box: analysis on 21,813 anonymous votes
I wasn’t planning to do any more writing about Optimism’s RetroPGF3. It’s been two months since the round ended, and I’ve already done a bunch of writing on the topic. You can find it here and on the Optimism forum. But then, a few days ago, I was nerd-sniped by this dataset of anonymized voting results. I vowed to only take a quick look at the end of my workday. Guess how well that went… The dataset shows how 21,813 votes were cast across 643 projects by 100+ independent voters (“badgeholder...
Opening the RetroPGF ballot box: analysis on 21,813 anonymous votes
I wasn’t planning to do any more writing about Optimism’s RetroPGF3. It’s been two months since the round ended, and I’ve already done a bunch of writing on the topic. You can find it here and on the Optimism forum. But then, a few days ago, I was nerd-sniped by this dataset of anonymized voting results. I vowed to only take a quick look at the end of my workday. Guess how well that went… The dataset shows how 21,813 votes were cast across 643 projects by 100+ independent voters (“badgeholder...
What builders can learn from RetroPGF 3: separating the signal from the noise
RetroPGF generated a considerable amount of noise, both during and after the main event. Now that the results are in, we need to find the signal. These are the messages, intended or not, that will likely reach the wider community. We can learn a lot by plotting and analyzing the distribution patterns of tokens to projects. In domains where the signal is too weak (ie, impact > profit) or too strong (ie, profit > impact), the Collective should be more explicit in shaping the distribution patter...
What builders can learn from RetroPGF 3: separating the signal from the noise
RetroPGF generated a considerable amount of noise, both during and after the main event. Now that the results are in, we need to find the signal. These are the messages, intended or not, that will likely reach the wider community. We can learn a lot by plotting and analyzing the distribution patterns of tokens to projects. In domains where the signal is too weak (ie, impact > profit) or too strong (ie, profit > impact), the Collective should be more explicit in shaping the distribution patter...
Levels of the game: the psychology of RetroPGF and how to build a better game
RetroPGF is a unique kind of repeated game. With each round, we are iterating on both the rules and the composition of players. These things matter a lot. To get better, we need to study whether the rules and player dynamics are having the intended effect. This post looks at the psychology of the game during Round 3, identifies mechanics that might have caused us to deviate from our intended strategy, and suggests ways of mitigating such issues in the future. Disclaimer: I was a voter and had...
Levels of the game: the psychology of RetroPGF and how to build a better game
RetroPGF is a unique kind of repeated game. With each round, we are iterating on both the rules and the composition of players. These things matter a lot. To get better, we need to study whether the rules and player dynamics are having the intended effect. This post looks at the psychology of the game during Round 3, identifies mechanics that might have caused us to deviate from our intended strategy, and suggests ways of mitigating such issues in the future. Disclaimer: I was a voter and had...
