🔧 Gitcoin GG24 Deep Funding Results

**BioFi (Bioregional Finance)** is reshaping onchain funding to serve communities focused on ecological regeneration. **What are BFFs?** - Bioregional Financing Facilities combine grant pools, venture studios, low-interest loans, and local currencies - Designed around watersheds and ecosystems - Some operate as DAOs, others through land trusts **Real-world impact:** - Regen Network tokenizes ecological state changes across bioregions - BioFi Project supported 22 teams from the Amazon to Appalachia **The challenge revealed:** Gitcoin Grants 22 funded 14 bioregional teams ($55K matching pool, 1,096 contributions), but exposed friction: - Most participants had never used crypto wallets - Global South teams faced unreliable internet and electricity - Few had crypto-native donor networks - PayPal integration was needed to bridge the gap The insight: onchain funding infrastructure must adapt to communities who coordinate through place-based trust, not crypto social networks. [Learn more about BioFi](https://biofiproject.org)

Gitcoin has published research on **BioFi (Bioregional Finance)**, exploring how web3 can support sustainable, place-based economic systems. The initiative builds on earlier discussions about funding projects that solve real problems and achieve self-sustainability through actual usage, rather than relying solely on grants. **Key focus areas:** - Connecting web3 mechanisms to bioregional economies - Supporting regenerative projects with real-world impact - Moving beyond traditional grant models toward sustainable funding This research represents Gitcoin's continued exploration of how blockchain technology can support regenerative and community-focused initiatives. [Read the full research](https://gitcoin.co/research/biofi-bioregional-finance-web3)

Gitcoin's research explores **bioregional coordination** as an alternative to nation-state frameworks for addressing ecological and economic challenges. The core argument: Natural systems like watersheds, food networks, and climate patterns operate independently of political borders. Examples include the Colorado River Basin, Pacific Northwest, and Great Lakes—regions with shared environmental fates despite being divided by political boundaries. **Key concept**: Bioregions are defined by water, climate, soil, and ecosystems rather than political lines. This geographic reality creates opportunities for: - Shared stewardship across borders - Coordinated investment in regional systems - Place-based capital allocation - Collective memory rooted in specific geographies The framework suggests that meaningful coordination increasingly happens at the bioregional level, where upstream actions directly impact downstream communities. [Read the full research](https://gitcoin.co/research/bioregional-swarms)

The Ethereum Foundation has released its **EF Mandate**, a comprehensive document that functions as a constitution, manifesto, and operational guide for the organization. **Key Points:** - The mandate clarifies the Foundation's core mission and operational principles - Primarily written as an internal guide for EF members and stakeholders - Available for public review at [ethereum.foundation/ef-mandate.pdf](https://ethereum.foundation/ef-mandate.pdf) This document represents a significant step in organizational transparency, outlining how the Foundation approaches its role in supporting Ethereum's development and ecosystem growth.

The Ethereum Foundation published the **EF Mandate**, a long-term strategic document drawing inspiration from the ancient Mohists who distributed defensive siege engineering knowledge across China 2,400 years ago. **Key principles established:** - Enshrines **CROPS** as core properties: Censorship resistant, Open source, Private, and Secure - Positions Ethereum as defensive infrastructure available to everyone - Clarifies that while the Foundation stewards the protocol, the ecosystem must build defensively on top The Mohist philosophy suggested that freely available defensive knowledge makes aggression uneconomical. The Mandate applies this thinking to blockchain infrastructure, emphasizing that sustainable ecosystem funding requires knowledge that is legible, composable, and freely shared. This document represents Ethereum's commitment to open-source defensive technology as a public good, with the community responsible for maintaining these principles in their applications. [Read more at Gitcoin](https://gitcoin.co)