Public Goods

/publicgoods3697

A place to discuss infrastructure and initiatives that serve the greater good

This should be basic reading for anyone designing incentive systems.
Be aware of Goodhart’s Law and why simple incentive metrics backfire.

Post by @owocki

https://gov.gitcoin.co/t/public-goods-funding-must-be-evolutionary/18728
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y0b
@y0b·5 days ago
Quite a few reward systems start by identifying examples of quality contributions, picking something they have in common as a proxy indicator or quality. They start using that metric to reward content.

The very existence of the reward causes people to try and create content that fulfills those metrics.

Their main goal is to get a reward, NOT to produce quality content. It makes sense to milk rewards as "efficient" as possible. Quantity and speed over quality.

The system is not rewarding quality anymore, just rewarding "farmers".

Rinse and repeat.

Public Goods Funding MUST be Evolutionary!

(Thanks for @ccerv1 and @Jonassft for reviewing + feedback.) Public Goods Funding MUST be Evolutionary! Tldr Goodhart’s Law states that when a metric is used as a target, it can no longer serve as an effective measure, leading to behavior focused on optimizing that metric at the cost of broader goals. Implications for DAOs and Public Goods Funding: In DAOs, especially in public goods funding mechanisms, there’s a need for systems that evolve over time, using diverse, dynamic metrics and incorp...

gov.gitcoin.co
Take a guess🤫
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Luciano
@luciano·5 days ago
yak what we building
Based House —> Superfluid House

public goods builders assemble🫡
https://imagedelivery.net/BXluQx4ige9GuW0Ia56BHw/5847acbf-cf3a-4e87-0106-dcc437c97000/original
and public goods funding mechanisms
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louis albiverse
@albiverse·14:54 02/03/2025
the world doesn't need more VC funding it needs more crypto crowdfunding mechanisms
ALERT! We crossed 🍾 $100M+ in donations!!

Truth be told, we're still trying to wrap our heads around it. We're here today because of you—our donors, advisors, partners, and the nonprofits you've uplifted around the world.

Thank you so much for trusting us on your journey.
💪🏼 Public goods projects power the Web3 ecosystem,
Strong infra, useful tools & open education make it thrive. 💪🏼
@ensdao @octant
309165
Giveth
@giveth·19:17 19/02/2025
🌎🛠️ A resilient Web3 needs strong infra, seamless utility & accessible education. 🛠️🌎

The @ensdomains x @octant Public Goods QF Round is fueling that vision with an $80K USDC matching pool on Optimism, launching in mid-March!

Who can apply?

✅ Must be a verified Giveth project
✅ Must have an Optimism recipient address
✅ Must fit one of the 3 categories: Infra, Utility, or Education
✅ Projects will be curated by ENS & Octant (no open nominations)

📅 Key Dates:
📌 Apply: Feb 19 - March 12
📌 Round kicks off: March 18

Ready to shape the future of Web3?

Apply now! 👇
https://giveth.typeform.com/ENSxOctantRound
We only "need" patents because we don't have a better way to compensate research labor. Same with copyright, which is supposed to compensate creative labor.

In both cases, this imposed artificial scarcity harms us. Open access means literal lives saved, and a livelier cultural scene. Public goods makes us all richer.
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Mike | Abundance 🌟
@abundance·00:09 16/02/2025
So let's say we have a social coordination layer for a network, which allows members in that network to come to agreement on the value of a certain contribution (to make it more concrete, let's say they agree that finding a cure to a certain disease is worth issuing 1% additional currency).

So now you can have a completely diff paradigm to achieving this goal. People can collaborate in the open and build on each other's research until they find the cure. Then each individual would get compensated based on their contribution.

There is no need to patent the cure since you now have a business model that compensates people for creating public good.

This also means that other people can build on top of this research, make additional discoveries, and get compensated based on how much the network values the additional discoveries - so the work is additive.

What applies to medical research also applies to open source code, investigative journalism, and producing other common goods
Our 4th Annual Impact Report is here. We’ve wrapped another year of onchain giving—full of milestones, lessons, and stories that show just how powerful a global community can be. 🌊

2024 brought its share of ups and downs, but the generosity in our community never wavered. You funded everything from youth sports to animal shelters to vital human services across 32 countries. Your impact is tangible, wide-reaching, and deeply felt.

Inside this year's report, you’ll find stories from the front lines of philanthropy, our latest platform updates, and a peek behind the curtain of how we’re building stronger bridges between onchain and traditional finance. Whether you’ve been here from day one or you’re just discovering onchain giving, we invite you to pause with us and reflect on an incredible year.
https://supercast.mypinata.cloud/ipfs/QmUSeZzLCaX1UvtWN3FCTadrTca4jLoSGnJ8f873PuneLP?filename=impact-2024.gif
Public Goods supporters, you don't want to miss our most recent QF Round!

100,000 $USDGLO matching pool: giveth.io/qf/all
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Giveth
@giveth·17:56 28/01/2025
💘 Show Your Love for impact projects:

Loving on Public Goods QF Round is LIVE.

From Jan 28 to Feb 14, celebrate Valentine's season with Giveth’s biggest public goods-focused matching pool: 100,000 $USDGLO on @base ! 💝

Donate: https://giveth.io/qf/all
I've contributed over 0.75 ETH to public goods via @octant

But none came directly from my pocket.
I locked a small amount of their token a while ago.
It got multiplied almost 600x! 👀
https://imagedelivery.net/BXluQx4ige9GuW0Ia56BHw/5f2fbef9-ef50-44c8-8fe9-85be3bfcd700/original
Update on the Glo Liquidity Flywheel for @celopg

If you can rally your community to add ~$10K in USDGLO on @celo in a pool against your token, you'd receive ~$700 in donations from us for January alone.

💛 More Glo Liquidity = More Public Goods Funding
https://imagedelivery.net/BXluQx4ige9GuW0Ia56BHw/60dc9059-e7d6-4e0b-b3eb-c7e78543ae00/original
PG lovers 📣

You can't miss this QF Round!
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Giveth
@giveth·16:13 17/01/2025
💌 This Valentine’s season, we’re spreading love to Public Goods Projects in a BIG way!

The Loving on Public Goods QF Round kicks off Jan 28 with a 100,000 $USDGLO matching pool—our biggest PG focused round ever!

Project nominations are OPEN NOW through Jan 27, so don’t miss your chance to make an impact!

✨ How to participate & nominate projects?
🔸 Projects must be GIVbacks eligible: https://bit.ly/3WkECbH
🔸 Projects must be nominated by a Giver NFT holder
(yes, project owners can nominate their own projects too!).

👉 Nominate here: https://giveth.deform.cc/nominate/

💜 Don’t have a Giver NFT yet? Get yours here: https://giveth.io/nft

Stay tuned for more details coming soon!

🌹 Spread the love this season, nominate impactful initiatives, and help us celebrate the spirit of giving: https://giveth.deform.cc/nominate/
🎉 Countdown Alert: Only 4 DAYS LEFT for your End-of-Year giving! The clock is ticking towards the December 31 deadline for all 2024 donations.
https://supercast.mypinata.cloud/ipfs/QmWvDwLSie1YejCK9FtT5V5AEFoywKkXvhFVA4XwqQVsZh?filename=image.png
This was a good year for Public Goods projects. 💫
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Giveth
@giveth·15:01 22/12/2024
🎉 A Year of GIVing! 🎉

Quadratic Funding Rounds on Giveth this year were nothing but epic! 

What themes would you like to see in our next QF Round?

Check out all the milestones we achieved together in 2024:
https://blog.giveth.io/a-year-of-giving-2024-milestones-recap-5d1ed3becf42
Dear public goods building on @celo,

More Glo liquidity on Celo = More donations to you 🌈 ☀️

At no cost to anyone.

🔢 Updated leaderboard for December ↓
https://imagedelivery.net/BXluQx4ige9GuW0Ia56BHw/22bd0622-46f4-4b01-599e-dccc4210c500/original
😩 i only have 1 vote for Octant snapshot - i'm sorry if i don't vote for you. i have so many favorites, it's too hard to vote 🥺
👏🏼 @ecosynthesisx 12th Top Giveth Project from 2024!
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Giveth
@giveth·16:53 13/12/2024
🎁 12 Days of GIVing! 🎁

Every day until Dec 24, we’ll highlight one of the top 12 projects that have been the most successful on Giveth this year:

🎄 In the first day of GIVing, Giveth brought to me…

The 12th project on the 12 Days of GIVing:

@ecosynthesisx ! 💜
Don't underestimate the /nouns /daos 💜
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Chris Carella
@ccarella.eth·13:06 12/12/2024
If you are in Purple and interested specifically in Public Goods funding in Ethereum at large

AND want to participate as a voter in a large sustainable public goods grant program

Let me know l, I’m cooking on something.

Many in the Ethereum ecosystem value Purple’s opinion.
really holding space with DAFs

and feeling the power in DAFs
Manifesting this 🪄

Holding/using @glodollar as a stablecoin is the easiest way to help create funding for public goods without ever having to make a donation yourself
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Glo Dollar
@glodollar·16:32 11/12/2024
🔮 the year is 2026, on a bright sunday in june...

glo dollar is now an established stablecoin, with $227m in market cap:

• glo generates $9m in yearly zero-cost public goods funding

• usdglo is worth $40m on @celo. donating $133k+ to @celopg / month

@gitcoin holds $3m in usdglo, generating $120k in free gitcoin rounds matching funds per year

• 30 orgs have followed @giveth's lead in paying salaries in usdglo

• yesterday you saw someone flash their glo credit card in a restaurant

• $6m in glo dollar is being lent out on @pwndao

@ensdao has recently increased its usdglo holding to $5m, generating $200k/year for ENS PGs

• a big US bank just bought $10m usdglo as part of their esg strat. their usdglo holding generates ~$400k for @GiveDirectly per year

---

june 2026 could look like this—but it won't happen on its own.

🍄 help make it a reality by:

• swapping a part of your treasury into usdglo
• getting paid in usdglo instead of usdc/fiat
• building w glo dollar
💚
19858
Christina BorrowLucid | Chones
@borrowlucid.eth·17:56 09/12/2024
Please consider supporting this @gitcoin proposal!
We all have challenges with QF and this is a step towards solving some of the apathy issues!
https://gov.gitcoin.co/t/gcp-xxx-yollow-xyz-making-public-goods-funding-fun-and-accessible/19721?u=wtfsayo
Sharing my learning artifact for the Devcon Scholars Program - a prototype for personalized data-driven sensemaking for QF donors. When we decentralize decision-making, it becomes crucial that donors and delegates have a shared context to steer capital toward common goals effectively.

https://rohitmalekar.in/data-driven-qf
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Glo Dollar
@glodollar·15:18 05/12/2024
This Giving Season, we’re giving back.

Until December 31st, we’re tipping USDGLO for great casts about things that matter:

ReFi
Education
OS software
Public goods
Climate action
Banking the unbanked

If you spot something deserving of a tip, tag us or @lanadingwall.

Let’s encourage the good cause.
More builders are building tools to fund public goods than ever

Join the revolution
Hello!

Any Giveth Project Owners around?
Please verify your emails!
Info:
309165
Giveth
@giveth·00:47 05/12/2024
🚨 Project Owners: Verify Your Email Today! 🚨

To continue managing your project, please verify your email today. ✅

1️⃣ Go to https://giveth.io/account and click “Edit Profile.”
2️⃣ Enter your email.
3️⃣ Click “Send Code” to receive a verification email.
4️⃣ Enter the code from your email into the profile screen.

Tutorial: https://www.youtube.com/watch?v=3FHa5aqY594
💚
19858
Christina BorrowLucid | Chones
@borrowlucid.eth·00:35 03/12/2024
public nouns underground

with love from @publicnouns, on September 15, 2024 in an undisclosed warehouse, ethereum cosmo localists recommitted their hyperstitions of a pluralistic future, guided by mycelial mutuality, for generations on our shared spaceship earth

image credit: @vengi
event hosts: @ethereal-forest

https://app.unlock-protocol.com/certification?s=public-nouns-underground
GM! Sunday with low gas is a great day to support open source artist co-ops.

The Coötoo project is running for the Commons Fund for Public Goods Pioneers on Artizen.

25 USD contribution gets you an exclusive NFT by @ilannnnnnnnkatin

https://artizen.fund/index/p/cootoo?season=4
swapping 1% of stablecoins to usdglo

=

unlocking $78m for public goods

https://warpcast.com/glodollar/0x019b3fb5
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Glo Dollar
@glodollar·11:23 27/11/2024
regm,

if 1% of stablecoins were held in usdglo,

we'd unlock ~$78 million per year for public goods/charities, enough to:

- run 78 times a $1M @gitcoin grants round, or
- buy 39 million malaria nets, or
- more than double @protocolguild's donations (at current value)

🌈☀️
which public good should receive glo donations + why?
https://imagedelivery.net/BXluQx4ige9GuW0Ia56BHw/66fc4636-5abe-40f2-a0fe-112e4f9ceb00/original
We distributed our October donations 🌈☀️

$3911.45 in total.

Up from $325 at the start of this year. A ~12x increase.

More Glo Dollars = More donations.

See all donations: https://www.glodollar.org/articles/donations
next meta is ai agents that fund public goods
funding celo public goods
at no cost

🪄

https://warpcast.com/glodollar/0xc93b307b
313172
Glo Dollar
@glodollar·11:50 22/11/2024
regm 🍄

building or involved w public goods on @celo?

here's an update on our standings for @celopg november donations 💛

help your fave celo public goods, by adding USDGLO to their liquidity pool.

ℹ️ https://www.glodollar.org/articles/glo-dollar-and-celo-public-goods

📈 Glo Dollars = 📈 Donations
Is your project looking for public good funding? @octant's got you!

Two separate opportunities open right now:
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Octant ⧫
@octant·19:06 21/11/2024
FYI, we currently have applications open for two different funding rounds:

1. Our Community Fund round - Application deadline: 23 November ⛔
2. Our Epoch 6 Funding round - Application deadline: 5 December ⛔

The Community Fund round is all about Octant community growth. We're looking for content, marketing and partner initiatives to grow the community and locked GLM.

It's important to get an "Applicant Role" before "Submitting a Proposal"

➡️ Apply here: https://app.charmverse.io/octant-community-fund/octant-community-fund-hq-8956739992421918

The Epoch 6 Round is for builders building an open-source public goods project.

Check eligibility here:
https://docs.octant.app/propose-a-project.html

➡️ Apply here: https://docs.octant.app/submission-process.html#step-1-join-the-octant-discord-server
it's not the watch that matters, but how you use it 🪄
https://imagedelivery.net/BXluQx4ige9GuW0Ia56BHw/461fa0a9-e399-4658-c042-1c8340d93100/original
the largest zero-cost public goods funders:

https://warpcast.com/glodollar/0xc6a197aa
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Glo Dollar
@glodollar·15:39 18/11/2024
🔢 Who's holding the most Glo Dollars?

Holding Glo Dollars = funding public goods. For free. 🪄

Curious which organizations are leading the way in zero-cost giving?

Check out this pretty tracker from our friends at @growthepie: https://www.growthepie.xyz/trackers/glodollar
@octant is sustainably funding web3 public goods.

If you're working on a project that could benefit from this program, please consider applying for Epoch 6!

https://x.com/octantapp/status/1858553185968824821?s=46&t=0MlBudZEP47scfrcRbQvjg
Is the term “public good” being thrown around too generously in the web 3 community?

Remember, public good has to be “non-excludable and non-rivalrous,” meaning it can be consumed by many individuals simultaneously without reducing its availability to others

Just because a protocol is open source or on a blockchain doesn’t mean it’s a public good. True public goods should theoretically benefit everyone, not just those who are directly invested or token holders within the ecosystem
Big prizes for public goods funders — see you all in less than 30 minutes!
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Octant ⧫
@octant·19:49 03/11/2024
Tomorrow is the Sweepstakes Draw!! 🚀🚀

Discord at 10am PST | 1pm UST | 6pm UTC

With a grand prize of 200k $GLM and 5x prizes of 40k $GLM each! 🎉🎉
Presentation day at the Funding the Commons earlier this week. Such an awesome crowd and amazing presentations.

@rev is doing an amazing job presenting CommitPool. The youngest resident to present was 13 y.o.
https://imagedelivery.net/BXluQx4ige9GuW0Ia56BHw/64d54f3e-607b-4fab-2eb6-f118d283df00/original
https://imagedelivery.net/BXluQx4ige9GuW0Ia56BHw/1a860205-903e-4fff-547d-a31feb4a6400/original
BOO! 👻 We're celebrating Halloween by launching a vampire attack on TradFi giving. Friends don't let friends use dinosaur DAFs.
191485
Endaoment ✈️ DAS NYC
@endaoment·17:53 31/10/2024
Traditional donor-advised funds (DAFs) are fee-draining dinosaurs. This Halloween, we’re launching a classic DeFi vampire attack 🧛‍♀️ to free charitable capital from outdated providers and bring next-gen giving onchain.
Programing your values into your money 🌱

I am currently writing a proposal to boost the liquidity of a UBI token simply by using a stablecoin that funds public goods ♾️

Crypto is cool
there is a little degen inside of every regen, and the other way around
https://imagedelivery.net/BXluQx4ige9GuW0Ia56BHw/a3ed674c-8120-4099-e538-f5e48222e700/original
Growing the pie for public goods funding🌱
https://imagedelivery.net/BXluQx4ige9GuW0Ia56BHw/aaf731a6-3117-4616-57b0-9a167c07ee00/original