Insights from Ecosystem Growth Summit: Web3 Growth Trends Unpacked
Insights from Ecosystem Growth Summit: Web3 Growth Trends Unpacked
馃殌 Web3 Growth Uncovered
At the recent Ecosystem Growth Summit at EthDenver, Kevin Owocki (@kbw) delivered a welcome address that delved into the evolving trends shaping the web3 landscape. His talk highlighted the nuanced shifts in investment strategies, emphasizing not just capital allocation but strategic and impactful engagement. Key trends discussed included broadening ecosystem expansion, enhanced investor confidence and capital influx, the strategic role of DeFi platforms, the evolution of revenue models and value propositions, and the global economic impact of web3. The full discussion and additional summaries are available on the event's microsite.
Continuing the buzz from our Ecosystem Growth Summit at EthDenver 馃専 we're thrilled to share a deeper dive into @kbw's talk on web3 growth trends 馃殌聽 This welcome address unpacked the nuanced shifts in investment strategy, emphasizing not just capital allocation but strategic,
Fund What Matters
A community-driven initiative focused on sustainable funding mechanisms is gaining traction. The program aims to: - Connect resources with meaningful projects - Establish transparent allocation processes - Enable direct community participation in funding decisions The framework emphasizes long-term sustainability over short-term gains. Early results show increased engagement and more efficient resource distribution. *Key metrics demonstrate 40% better resource utilization compared to traditional models.* **Next steps include expanding the framework to additional sectors and refining governance mechanisms.**
Gitcoin Launches Sensemaking Season for Strategic Funding Allocation
Gitcoin 3.0 introduces **Sensemaking Season**, a 6-week initiative to align funding with Ethereum's most pressing needs. The process follows four key phases: - Phase 1: Community crowdsources key problems - Phase 2: Data and community validation - Phase 3: GTC holder voting on funding domains - Phase 4: Matching mechanisms to domains Participation options include: - Submitting reports - Sharing signals - Joining working groups - Contributing to design The initiative emphasizes community-driven decision making, involving builders, domain experts, GTC holders, and donors. [Join the discussion](https://gov.gitcoin.co/t/gitcoin-grants-24-strategic-sense-making-framework/20865)
Gitcoin GG23 Distributes $1.2M Through Multi-Mechanism Funding
Gitcoin's GG23 funding round introduced significant innovations in public goods funding: - $1.2M total distribution across all rounds - 9,991 unique donors contributed $95K - 235 early-stage OSS projects supported Key mechanisms: - Combined Quadratic Funding with Retroactive Funding - Launched Grant Ships for community governance - Piloted GTC token staking for round signaling The initiative represents a shift toward ecosystem-led funding, moving away from Gitcoin-led coordination. The platform is evolving into Gitcoin 3.0, focusing on improved fund distribution intelligence and community ownership. [Read full recap](https://www.gitcoin.co/blog/gg23-results-recap)
Builder Spotlight: Live Discussion on Ethereum's Future
A live discussion on X (formerly Twitter) this Friday will bring together key builders in the Ethereum ecosystem to discuss the state of Web3. Featured guests include: - Kyle Jensen (DAO Ops, Gitcoin) - Tobias Schrader (Product & Comms, growthepie) - Murthy (CEO, karma) - Patao (Head of Incubation, Stake Capital/Rekt News) Topics will cover what's working, what needs improvement, and future directions in the Web3 space. [Join the conversation on X](https://x.com/i/spaces/1OyKALrLmlMxb)
Gitcoin Sunsets Grants Stack, Returns to Core Mission
**Key Updates:** - Grants Stack shutting down May 27, 2025 - All data will be preserved and accessible via Open Source Observer - Previously staked GTC can still be unstaked after shutdown **Strategic Shift:** - Gitcoin returning to original Grants Program focus - GG24 relaunch planned for later 2025 - Emphasis on community-led initiatives **Reasons for Change:** - Operating costs exceeded revenue - Decision aims to protect treasury - Focus shifts to sustainable core operations **What's Next:** - More experimental, community-driven approach - Enhanced focus on Ethereum ecosystem - Data access guides coming soon Visit [Gitcoin Blog](https://www.gitcoin.co/blog/grants-stack-winds-down--heres-whats-changing-and-what-to-expect) for details.