GG24: Case for dev tooling

I am just a community member, but this is one proposal I am really enthusiastic about!

I see @owocki doing rounds on forum rating different domains, so my humble ask is to consider giving some support to DevTools guild in early stages, when such help is most impactful.

While a few proposals mention importance of community building as an abstract value this is one case where many credible projects band together under one umbrella to reach for capital that would otherwise be inaccessible.

I would hope Gitcoin is (still) a very strong entity/brand that could talk to investment funds/VCs to raise additional funds for dev tooling in similar manner Protocol Guild is very effective at funding core dev with 1% pledge.

  • Total value of donations attracted by Protocol Guild (at time donated) amounts to ~$183 million.
  • If Dev Tooling Guild grows to be 1% as successful as core development, they would be able to gather 1.8 mln .

Funds:

  • Bitwise pledged to donate 10% of their Ethereum ETF profits to Protocol Guild + PBS Foundation
  • Van Eck donated 5% ETF profits to Bitcoin Core developers.
  • EigenLayer donated 1% of token supply to Protocol Guild.
  • L2s each usually have some sort of dev-ecosystem support program or one flavour or another

My optimistic read of this is newcomers and crypto-native players are more than willing to “buy alignment” by supporting large credible organizations focused on Core Development.

Little of that funding drips down into dev tooling yet so maybe Gitcoin shining a spotlight at a new guild (with mature projects) is exactly what is needed here?

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