Gitcoin Retroactive Funding Experiment Results

By Gitcoin
Feb 15, 2024, 5:04 PM
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Gitcoin has shared their findings from experimenting with retroactive quadratic funding.​ They found that retroactive funding makes it easier to evaluate projects and boosts confidence in funding decisions.​ They are exploring shortening the funding cycle for more flexibility and have made the decision to make all future Citizens Rounds retroactive.​ Their goal is to help funders see the real impact and they are working on better showcasing this to voters.​

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馃専 Gitcoin Citizens Retro embodies the true spirit of DAOs: bottom-up, skill-centric, with an owner's mindset. We're committed to staying connected with our community, seeking your input to fill any gaps and drive impactful change through retroactive funding. Here are our

Gitcoin Citizens 馃挌
Gitcoin Citizens 馃挌
@GitcoinCitizens

Today we are thrilled to announce Citizens Retro Round #3, our program to retroactively reward the wider community for supporting @Gitcoin's mission. Upcoming: 馃煝 4 educational calls, first on Feb 14 馃挌 馃煝 Applications: March 05-19 馃煝 Round #3: April 02-16 More 馃У馃憞

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馃敡 Old Capitalism, New Networks

**Computational networks have created a new economic medium, but we're still operating with capitalism's outdated framework.** The core insight: **economy = protocol** and **value = a language problem**. By upgrading our economic logic, we can unlock entirely new forms of coordination. Key points from recent analysis: - Protocols don't just move money - **they shape meaning** - We need multiple measurement logics that go **beyond price** - Economic media represents the real battleground for innovation - Accounting might just be grammar, and we're overdue for a **new language of value** This represents a fundamental shift in how we think about coordination and value creation in computational networks.

Gitcoin's Mission: Providing Runway, Signal Boost, and Community for Builders

**Gitcoin emphasizes that builders don't need permission to create the future** - they just need three essential elements: - **Runway**: Financial support to sustain development - **Signal boost**: Visibility and promotion for projects - **Community**: A network that genuinely cares about the work **Gitcoin's role is to ensure all three elements exist** for builders, removing barriers that typically prevent good ideas from succeeding. The platform positions itself not as a gatekeeper picking winners, but as an **enabler making sure promising projects don't fail due to lack of resources**. This approach reflects Gitcoin's core philosophy: *the future belongs to builders who have the support they need, not those waiting for permission*.

馃寜 Designing Economic Bridges

**The transition between capitalism and post-capitalism isn't theoretical - it's an engineering challenge.** Key insights from recent economic design discussions: - Capital systems still require **profit calculations** to function - Post-capital frameworks need **liquidity mechanisms** to operate - Respecting both economic logics enables **seamless movement** between systems The future economy won't replace capitalism entirely. Instead, it will create **fluid bridges** where: - Liquidity flows freely between economic models - Collateral moves without system collapse - Surplus can be allocated across different frameworks **The evolution focuses on coexistence rather than replacement.** This approach allows communities to operate within multiple economic paradigms simultaneously, choosing the most effective system for specific needs. Designers are now building infrastructure that supports this **economic pluralism**, creating tools for movement between traditional and alternative economic structures.

GG24 Showcases Ethereum's Coordination Superpower in Action

**Gitcoin Grants Round 24 (GG24)** demonstrates Ethereum's unique coordination capabilities beyond just funding distribution. **Key Highlights:** - Hundreds of independent teams are self-organizing to address Ethereum infrastructure gaps - Teams operate **without permission** - deciding autonomously to tackle specific problems - This represents Ethereum's **coordination superpower** becoming tangible **The Real Innovation:** While funding matters, the true value lies in watching decentralized coordination emerge organically. Teams identify needs and build solutions through collective action rather than top-down direction. This coordination mechanism transforms how blockchain ecosystems evolve - **from luck-based funding to legitimacy-driven support**.

Gitcoin Recognizes Ethereum Builders Who Keep Shipping Despite Market Conditions

**Gitcoin emphasizes that Ethereum's progress isn't driven by market movements** but by dedicated builders who continue developing regardless of attention or market conditions. The platform acknowledges developers who: - Keep building during quiet periods - Ship products when no one seems to be watching - Persist through market downturns **Gitcoin positions itself as supporting these persistent builders**, recognizing their contributions to Ethereum's advancement even when their work goes unnoticed by mainstream attention. The message reinforces that **real blockchain progress comes from consistent development work**, not market speculation or hype cycles.