Communities Funding Public Goods

🤝 Communities Funding Wonders

By Gitcoin
Apr 15, 2024, 6:38 PM
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On April 2nd, 2024, there was a significant development in the realm of community-driven initiatives.​ Communities have begun coordinating efforts to fund public goods, which is being described as a 'magical' phenomenon.​ This grassroots approach to funding and protecting shared resources and infrastructure is gaining traction and is seen as a matter of importance.​

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🧠 Grammar Crisis

**Rethinking Value Beyond Price** A new perspective suggests accounting functions like grammar - and we might need an entirely new language for measuring value. **Key Insights:** - Protocols don't just move money, they **shape meaning** - Multiple measurement systems can exist beyond traditional pricing - Economic media becomes the real battleground for value definition **Why This Matters:** Traditional price systems face growing limitations in capturing true value, especially in emerging markets where regulatory barriers and unequal access distort price signals. **The Future of Value:** - DeFi and tokenized assets enable new measurement approaches - Cross-border platforms could create more inclusive value systems - Post-price coordination mechanisms are emerging This shift represents a fundamental change in how we think about economic value - moving from single-metric pricing to multi-dimensional value assessment. *Essential viewing for builders working on next-generation coordination systems.*

🤔 Public Goods Dilemma

**The Public Goods Funding Challenge** A new discussion tackles the core problem facing decentralized communities: **everyone agrees public goods are essential, but no one has cracked how to fund them without government involvement**. Key challenges identified: - **Pricing the unpriceable** - How do you value things that don't fit traditional market models? - **Scale mismatch** - Funding mechanisms work for small communities but break down at larger scales - **Bootstrap paradox** - Even alternative systems still need traditional capital markets to get started The conversation explores why current approaches hit walls when trying to move from community-level success to nation-state implementation. **Why this matters:** As web3 communities grow, sustainable funding models become critical for long-term viability. The gap between theory and practice remains wide. *Watch the full discussion to understand the real barriers facing decentralized public goods funding.*

🎯 GG24 Quadratic Funding Results Released

🎯 GG24 Quadratic Funding Results Released

**GG24 quadratic funding results are now live** on Gitcoin's governance forum. The official breakdown shows which open source projects received funding through the community-driven allocation process. - Full results available at [gov.gitcoin.co](https://gov.gitcoin.co/t/gg24-oss-quadratic-funding-results/24782/1) - No advance leaks - transparent release for all participants - Recognition given to community members who supported builders This continues Gitcoin's evolution toward **community-led funding rounds**, building on previous successes like GG21's $933K in total funding across 517 projects. *Check the governance forum for complete funding breakdowns and project details.*

🧠 Schelling Point Buenos Aires Returns During Devcon Week

**Schelling Point Buenos Aires** is returning on **November 20th** during Ethereum Foundation's Devcon week. The one-day gathering brings together Ethereum's builders, thinkers, and dreamers to tackle **coordination challenges** at every layer of the ecosystem. - Focus on funding what matters in the Ethereum space - Takes place in Buenos Aires, Argentina - Designed for coordination enthusiasts and developers The event promises to be a sequel to the Denver edition, combining serious coordination discussions with the vibrant Buenos Aires atmosphere. [Register now](https://luma.com/txyeg96m) to join the conversation about building better coordination mechanisms.

🔄 Capitalism Evolution

**Capitalism won't end - it will evolve.** New discussion explores designing movement between two economic worlds where liquidity, collateral, and surplus can flow freely without system collapse. Key insights: - The future isn't post-capitalism, it's **living in the spread** - Focus on creating bridges between economic systems - Enabling free flow of financial resources without instability Hosted by @owocki with @econaut6 and Dick Bryan examining how economic transformation happens through **evolution rather than revolution**.