UNCHAINED: How Gitcoin 2.0 Could Someday Help Reward People for Doing Good
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 27 March 2024
⏱️ 66 minutes
🧾️ Download transcript
Summary
Gitcoin 2.0 will transform Gitcoin into a decentralized protocol that makes it easy for communities to allocate capital.
Listen to the episode on Apple Podcasts, Spotify, Fountain, Overcast, Podcast Addict, Pocket Casts, 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’s Citizen Grants program
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
Web3 Ecosystem Funding
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
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Transcript
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| 0:00.0 | Thanks for listening to Unchained, your no-hype resource for all things crypto on the CoinDesk Podcast Network. |
| 0:06.5 | You can also listen to the episodes on the Unchained feed earlier if you subscribe there. |
| 0:11.7 | Plus, check out all our content on our website, Unchained Crypto.com. |
| 0:16.8 | I think that in 10 years, if we were massively successful, you will be able to just volunteer and do good in your community and receive tokenized rewards for doing it and not have to worry about how they come to you. |
| 0:27.7 | Now, I'm not promising that that's going to happen. |
| 0:29.9 | That's the articulation of if we're massively successful. |
| 0:33.3 | There will just be a capital allocation infrastructure that funds what matters to, |
| 0:38.0 | to towns, to states, to countries, to your friend's group, to your interest group in what |
| 0:45.7 | online communities. |
| 0:50.6 | Hi, everyone. |
| 0:51.6 | Welcome to Unchained, your no high resource for all things crypto. I'm your host, |
| 0:55.4 | Laura Shin, author of The Cryptopians. I started covering crypto eight years ago, and as a senior editor of |
| 1:01.0 | Forbes, was the first Mainstream reader partner to cover cryptocurrency full-time. This is the March 26th, |
| 1:05.9 | 2024 episode of Unchained. Pocodot is the original and leading layer zero blockchain with over 2000 plus developers, |
| 1:13.6 | and the Pocodot 2.0 upgrade will be a massive accelerator for the ecosystem, making |
| 1:18.6 | it faster, more secure, and adaptable. |
| 1:21.6 | Perfect for GameFi and DFI to build, grow, and scale. |
| 1:25.6 | Join the community at Pocodot.network slash ecosystem slash community. |
| 1:31.2 | Today's topic is Gitcoin 2.0. Here to discuss our Meg Lister, GM of Grants Labs at Gitcoin, |
| 1:37.9 | and Kevin and Kevin. Welcome Meg and Kevin. Glad to be here. Thanks so much. Why don't we start with both of your backgrounds? |
| 1:47.0 | And I guess, Kevin, since you are one of the co-founders, will have you talk about your background and how it is that you came to found get coin or co-found get coin. |
| 1:55.0 | Yeah. So my name is Kevin Awaki. I have a computer science degree from University of Delaware back in 2006. I roughly spent |
... |
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