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Unchained

How Gitcoin 2.0 Could Someday Help Reward People for Doing Good - Ep. 624

Unchained

Laura Shin

Business News, News, Tech News

4.61.3K Ratings

🗓️ 26 March 2024

⏱️ 68 minutes

🧾️ Download transcript

Summary

Listen to the episode on Apple Podcasts, Spotify, Fountain, Overcast, Podcast Addict, Pocket Casts, Pandora, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform. In this episode, Laura interviews Meg Lister, GM of Grants Labs at Gitcoin, and Kevin Owocki, co-founder of Gitcoin.  They discuss the evolution of Gitcoin from a centralized platform to a decentralized suite of protocols, Gitcoin 2.0, which allows any Ethereum Virtual Machine (EVM) based ecosystem to fund its public goods. They also talk about the various funding mechanisms available, including quadratic funding, retroactive public goods funding, and conviction voting.  Learn more: What Is Retroactive Public Goods Funding? The team is also exploring more futuristic concepts such as private voting systems, angel investing 2.0, and impact attestations. The ultimate goal for Gitcoin is to create a capital allocation infrastructure that funds what matters to communities, whether they are towns, states, countries, or online interest groups. Show highlights: Kevin's background and how he came to found Gitcoin and why Meg joined the company The differences between Gitcoin 1.0 and 2.0 What quadratic funding is and why it is important in the blockchain ecosystem The problem of sybil attacks and how Gitcoin Passport aims to solve it Why Gitcoin has changed its approach to put more focus on scaling Ethereum rather than other types of grants How Gitcoin is trying to solve capital allocation efficiency with Allo (Capital Allocation) Protocol What streaming quadratic funding is and how it differs from traditional quadratic funding How retroactive public goods funding (RPGF) works What conviction voting is and how it addresses some of the current problems in DAOs Which projects are using Gitcoin Passport and what for Why Gitcoin is so focused on the Ethereum ecosystem and whether they will launch in other chains What the purposes of the GTC token are and how it could become a flywheel for Gitcoin How Gitcoin can become sustainable long-term, since it's free to use at the moment The features that are coming down the line for Gitcoin, including privacy and onchain "angel investing"  What the future could look like if Gitcoin succeeds in its mission, according to Kevin Thank you to our sponsors! Polkadot Guests: Kevin Owocki, Co-founder of Gitcoin Meg Lister, GM of Grants Labs at Gitcoin Links Gitcoin Gitcoin 2.0 Whitepaper, co-authored by Kevin Owocki and Meg Lister Public Goods Funding: The New Meta | Kevin Owocki - Gitcoin, presentation at ETH Denver 2024 Gitcoin Entering the End Game  Gitcoin’s Citizen Grants program Impact report CoinDesk: Why Crypto’s Most Altruistic Project Is Going (Kinda) Corporate Blockworks: Gitcoin is restructuring to focus on grants for the Ethereum ecosystem  Allo Protocol Announcement thread Web3 Ecosystem Funding State of Web3 Grants Report Web3 Innovations in Public Goods Funding How To Fund Innovation: A Guide to Web3 Grants, Meg Lister for BeIn Crypto Quadratic funding ORIGINAL WHITE PAPER, co-authored by Vitalik Buterin  Retro PGF Unchained: What Is Retroactive Public Goods Funding? Passport Introducing Passport - Digital Identity as a Public Good  Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

I think that my in 10 years if we were massively successful you will be able to just

0:04.6

volunteer and do good in your community and receive tokenized rewards for doing it and not

0:08.7

have to worry about how they come to you now I'm not promising that that's going to happen that's the

0:13.5

articulation of if we're massively successful. There will just be a capital

0:17.6

allocation infrastructure that funds what matters to to towns to states, to countries, to your friends group, to your interest group

0:28.1

in what online communities.

0:30.1

Hi everyone welcome to Unchained, your no-high resource for all things

0:37.1

crypto. I'm your host Laura Shin, author of The Cryptopians. I started covering

0:41.9

crypto eight years ago and as a senior editor of Forbes

0:44.4

was the first mainstream reader partner to cover cryptocurrency full-time. This is the March 26th

0:48.9

2024 episode of Unchained.

0:52.0

Pocodot is the original and leading layer zero blockchain with over 2,000 plus developers.

0:57.0

And the Pocodot 2.0 upgrade will be a massive accelerator for the ecosystem,

1:01.0

making it faster, more secure, and adaptable.

1:04.4

Perfect for GameFi and Defi to build, grow, and scale.

1:08.2

Join the community at Pocodot. network slash ecosystem slash community.

1:13.4

Hey unchained listeners as you know it's hard keeping up with a fast-paced world of

1:18.4

crypto so we've got just the thing for you

1:20.7

subscribe to our free unchained daily newsletter at unchained crypto.substack.com.

1:26.0

You'll get the latest crypto news in original articles from our reporters as well as

1:30.0

summaries of other happenings and bullet points, plus our meme of the day, all curated and written by our amazing team.

1:36.4

It's still your no-hype resource for all these crypto, just in newsletter form.

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