GG19 Matching Funds Proposal for Discussion

[thedevanshmehta]

@ccerv1

I’m personally OK with approach #1 provided the following caveat – if there’s a smaller matching pool, we should be more stringent on eligibility and keeping rounds reasonably balanced in terms of number of competing projects. I would hate to see a web3 community or OSS round with 300+ projects vying for a matching pool of $200K.

This approach makes sense for OSS but not web3 community, which is planned to be a free for all in GG19

@Sov

Web3 Community & Education

The Web3 Community & Education round has always been a unique facet of Gitcoin Grants. Historically, its broad acceptance criteria have made it one of the most challenging rounds to review for eligibility. This vastness, while a testament to the inclusivity of the community, has often led to complexities in ensuring suitable projects get the spotlight they deserve.

In GG19, we’re embracing a paradigm shift. We’re opening the gates instead of limiting participation through eligibility reviews. Our philosophy is simple: let the magic of Quadratic Funding take the reins. Projects will still need to meet the program eligibility , but the round-specific eligibility will be minimal. By doing so, we aim to ensure that genuine projects, irrespective of their size or history, get a fair shot at funding. The PGF team’s role will evolve from gatekeepers to guardians, focusing primarily on filtering out spam and addressing sybil attacks.