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Quadratic Funding and How Gitcoin Raised $60M for Public Goods - Kevin Owocki

Episode Summary

We were joined by Kevin Owocki, co-founder of Gitcoin, to discuss their quadratic funding model which raised over $60M for public goods funding, and how Gitcoin 2.0 further decentralises crowd-funding

Episode Notes

5 years, 20 Grants, 3715 projects crowd-funded and over $60M raised towards public goods funding, from 4.2M unique donations. Gitcoin’s headline numbers are indicative of the massive success their quadratic funding (QF) and public goods funding models (PGF) have seen over the years. With Gitcoin 2.0, crowd-funding is further decentralised, Allo Protocol being open-source and permissionless: any ecosystem treasury can create their own Gitcoin Grants program to help their community fund what matters to them.

Topics covered in this episode:

• Kevin’s background and Gitcoin’s journey so far
• The utility of Gitcoin Passport
• Gitcoin Grants sybil protection dilemma
• Public goods & capital allocation
• Quadratic funding (QF) & retroactive public goods funding (RPGF)
• New allocation models introduced by Gitcoin 2.0
• $GTC token utility & decentralising Allo Protocol
• The current landscape of DAOs

Episode links:

• Kevin Owocki on Twitter
• Gitcoin on Twitter
• Gitcoin Governance Forums

Sponsors:

• Gnosis: Gnosis builds decentralized infrastructure for the Ethereum ecosystem, since 2015. This year marks the launch of Gnosis Pay— the world's first Decentralized Payment Network. Get started today at - gnosis.io
• Chorus1: Chorus1 is one of the largest node operators worldwide, supporting more than 100,000 delegators, across 45 networks. The recently launched OPUS allows staking up to 8,000 ETH in a single transaction. Enjoy the highest yields and institutional grade security at - chorus.one

This episode is hosted by Friederike Ernst.