Thanks for all replies, really appreciate the back and forth!
If i correctly understand the community round structure, they are “matching on matching” funds. So i expect the types of groups that would use it are well mobilized specific communities like DeSci, Arbitrum Citizens, Zuzalu, TEC etc rather than more general categories like all web3 community and education projects, which won’t have a driving force to raise initial matching funds that unlock the extra funds from gitcoin.
So i don’t see community rounds as filling up the space being vacated by gitcoin in getting rid of the free for all web3 community and education round. Gitcoin rounds are a schelling point that bring together teams and people - now they will mostly bring together devs and specific communities running their own round. Which is a negative for everyone in the space, we want diverse groups of people during the festive season of gitcoin rounds.
Personally I think the recent community round results have shown the eligibility criteria are too broad and leave room to fund almost anything, including communities dedicated to airdrop farming. Running not one community round but several which are each more focused and helmed by someone with subject matter expertise to draft tight eligibility criteria could lead to better outcomes.
I hear you on these points, for every ZachXBT we funded there were countless other low performing projects.
We should try something similar for W3C where we can self evaluate projects by going through content artifacts from their community or education work
I have put some ideas for making web3 community and education more like open source rounds by judging content artifacts similar to how we look at code. similar to open source software, the impact of content can be assessed online.
Overall i hate to see gitcoin give up on this space simply because evaluation is hard. I also think it will reduce the diversity of projects participating in rounds , as you either need to belong to a niche subcommunity holding a round or have active open source repos.
Right now I’m hearing from grants managers in other ecosystems (typically funding more mature/unicorn projects) that they have healthy pipelines of community projects, but a lack of OSS projects and dApp builders. Given that, it feels like the Gitcoin Grants program can have the highest impact on the ethereum ecosystem this year by funding those OSS projects & filling that pipeline.
This is a fair point. I would push back on the notion that good web3 content creators have enough funding sources already - because we honestly don’t. And even aside from the matching funds, these rounds let people who appreciate our writing contribute to us. We no longer have that avenue