
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...

The past, present and future of public goods funding
Here’s a talk I gave at the Greenpill NYC series on September 23, 2023. Two months after the event, I turned my notes from the talk into this blog post. I’m not aware of a recording of what I actually said but hopefully this is close enough. Great appreciation to Luciano, Tirisanna, Mathilda, Scott, Izzy, Owocki and others I’m not naming for making this event happen, and to the several dozen people who showed up in BedStuy on a rainy Saturday on the heels of NY Climate Week and Mainnet to tak...

Ecosystem Impact Vectors
✨ An impact vector is a direction of positive impact that projects in the Optimism ecosystem should work towards.ContextAs the L2 space grows more competitive, Optimism needs to maintain its early advantage and ensure it keeps improving the ROI of its grantmaking. Improving ROI means making both the process more efficient for all participants and the allocations more impactful for the ecosystem. Data is critical for badgeholders to transition from working at the middle of the grants funnel (i...

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...

The past, present and future of public goods funding
Here’s a talk I gave at the Greenpill NYC series on September 23, 2023. Two months after the event, I turned my notes from the talk into this blog post. I’m not aware of a recording of what I actually said but hopefully this is close enough. Great appreciation to Luciano, Tirisanna, Mathilda, Scott, Izzy, Owocki and others I’m not naming for making this event happen, and to the several dozen people who showed up in BedStuy on a rainy Saturday on the heels of NY Climate Week and Mainnet to tak...

Ecosystem Impact Vectors
✨ An impact vector is a direction of positive impact that projects in the Optimism ecosystem should work towards.ContextAs the L2 space grows more competitive, Optimism needs to maintain its early advantage and ensure it keeps improving the ROI of its grantmaking. Improving ROI means making both the process more efficient for all participants and the allocations more impactful for the ecosystem. Data is critical for badgeholders to transition from working at the middle of the grants funnel (i...
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This page contains a two-week immersion program for people who are entirely new to web3. It consists of 14 discrete activities. Each activity should take less than an hour to complete. I recommend allocating about $300 $200 $100 $170 (0.1 ETH) for learning purposes, though you certainly won’t need to spend all of it.
I recommend following the course in sequence, since concepts build progressively on top of each other. I’ve tried my best to provide detailed explanations and screenshots for each lesson, but if you get lost and can’t find an answer to your question through internet searches, feel free to send me a direct message and I’ll do my best to respond.
None of this is investment advice.
Go through this course with a learning mindset. View what you are putting in as a sunk cost, even though you should still have most of your net worth (in Ethereum) intact by the end.
In my case, my net worth at the end of the course was about 0.06 ETH (about $60 at July 2022 prices). A little over 0.03 ETH was spent on “gas” (the cost of making transactions on the blockchain).
With the remainder, I purchased a domain name (Day 4), bought some carbon credits (Day 8), made a donation in support of public goods (Day 13), and sent money to a friend (Day 14). I also did a bunch of things for free, like collecting a badge from the Proof of Attendance Protocol (Day 5), voting on a governance proposal (Day 9), and building a web3 resume (Day 12).
I’ve tried to cover a broad spectrum of use cases and at the same time pique your interest into some of new worlds that web3 is opening up.
Enjoy the journey.
✌️
This page contains a two-week immersion program for people who are entirely new to web3. It consists of 14 discrete activities. Each activity should take less than an hour to complete. I recommend allocating about $300 $200 $100 $170 (0.1 ETH) for learning purposes, though you certainly won’t need to spend all of it.
I recommend following the course in sequence, since concepts build progressively on top of each other. I’ve tried my best to provide detailed explanations and screenshots for each lesson, but if you get lost and can’t find an answer to your question through internet searches, feel free to send me a direct message and I’ll do my best to respond.
None of this is investment advice.
Go through this course with a learning mindset. View what you are putting in as a sunk cost, even though you should still have most of your net worth (in Ethereum) intact by the end.
In my case, my net worth at the end of the course was about 0.06 ETH (about $60 at July 2022 prices). A little over 0.03 ETH was spent on “gas” (the cost of making transactions on the blockchain).
With the remainder, I purchased a domain name (Day 4), bought some carbon credits (Day 8), made a donation in support of public goods (Day 13), and sent money to a friend (Day 14). I also did a bunch of things for free, like collecting a badge from the Proof of Attendance Protocol (Day 5), voting on a governance proposal (Day 9), and building a web3 resume (Day 12).
I’ve tried to cover a broad spectrum of use cases and at the same time pique your interest into some of new worlds that web3 is opening up.
Enjoy the journey.
✌️
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