Without funding the AKITA community, you would effectively be liquidating the AKITA community to fund Gitcoin grants. The tokens that Vitalik “donated” to gitcoin, were assumed burned by our community (not an actual burn but more of a DE circulation). Those tokens were one half of our supply. What would happen if half of the GTC supply was “donated” to UNICEF and UNICEF decided that world health was more important to fund than “public goods”. Its a sticky situation.
If Gitcoin chooses to proceed in any way toward liquidation without including the AKITA community, then I don’t believe it will be possible to salvage the situation or reach a positive outcome for both parties.
The results would be Gitcoin liquidating the position for minimal value and the rest of the AKITA community following suit, this is not just including retail investors but exchanges as well. This type of mass liquidation event is of no help to anyone and would only result in one outcome.
The Gitcoin community would receive some funding from the initial liquidation, yet would also receive a ton of negative feedback/PR, and NO source of long term funding.
Where as, if we choose to work together on a solution beneficial to both parties, both communities could leverage each others respective “specialties”.
The term “complimentary opposites” comes to mind although in this context it means something a bit different.
Although Gitcoin and the AKITA communities started in much different fashions, I do not think our long term goals are dissimilar (We too want our community empowered through a decentralized internet) and I do whole heartedly believe that these communities can be mutually beneficial to each other short and long term.
Its a delicate situation, trying to extract value efficiently without causing any collateral damage in the process.
I stand by my point that we should take care of the place that this value accrued from in the first place, which is the AKITA community. Thus far we have proven that even without funding, or paid advertising, that building a decentralized community project IS possible.