This seeks funding for the Gitcoin Passport workstream for Seasons 20 and 21 (Nov 1, 2023 - Apr 30, 2024). The proposal has been reviewed and coordinated with CSDO and key Stewards, namely, @kyle @meglister @Viriya @vinayvasanji. We still want your feedback and find it crucial to optimize our roadmap.
Gitcoin Passport aims to be the go-to solution for web3 identity management. In Seasons 20 and 21, we’ll concentrate on five key pillars:
- Effectiveness: Improve identity scoring models
- Adoption: Grow to 1.5M passports
- GTC Utility: Strengthen GTC-based identity and community ties
- Data: Enhance and aggregate Sybil detection and data sets
- Partnerships: Increase both API and onchain partnerships
Gitcoin Passport is the premier solution for easy-to-use identity management tools that protect communities from Sybils and bots. Our easy-to-use app makes it possible for web3 citizens to establish credibility and build online reputation while preserving privacy and user control and our API lets web3 communities access a powerful layer of security with just a few lines of code.
Recent Achievements: In Season 18 and 19, we identified early signs of product-market fit, marked by a 3x user growth and a 6x increase in GTC Staking.
Objectives for Seasons 20 and 21: This table lists the milestones and deliverables we plan to tackle. While they are in a loose priority order, their final sequencing is still under evaluation.
|Improve Effectiveness||Enhance the scoring model||Develop a scoring model with <10% Type I errors (False positives - Sybils are classified as human)|
|Grow Adoption & Usage||Expand user base||Increase Passport count to 1.5M from a baseline of ~700k-750k|
|GTC Utility||Strengthen GTC-based identity and community ties||
Double GTC staking to 2M GTCDouble the community stake addresses in the GTC social graph to 25k, up from a current baseline of 12.8k
|Data||Improve Sybil detection
Validate known humansCreate a 3rd labeled category
|Identify > 1M Sybils
Catalog > 20,000 verified human usersDevelop modeled insights to classify bots, suspicious activity, or reputational attributes
Increase API integrationsOnboard onchain partners
Partner > 70 API users from a baseline of 30-35Engage > 5 onchain partners from a baseline of 0
Note: The milestones are subject to change as we continue to assess the most effective order of implementation.
By focusing on these objectives, we aim to fortify Gitcoin Passport as the go-to solution for identity management in the web3 space.
In Season 19, our growth was slower than expected, reaching 700k total passports which is 70% of our target of 1M. However, we exceeded expectations in GTC staking, hitting over 1M GTC against a target of 450k.
We’ve also expanded our service offerings to include onchain Passports. The $2 mint fee saw good uptake, with almost 11k users moving their Passports onchain, even without partner-driven incentives.
Incomplete but will hit goal/priority changed
Incomplete, will not hit goal
|Initiative/Project||Key Results||Value Delivered|
|Passport Holder Experience Improvements||699,000 Passports||Reached 70% of target, yet proved scalability. Business Development is now crucial for adoption.|
|GTC Staking Improvements||1,034,000 GTC Staked||Surpassed the goal by a large margin. Demonstrated that identity staking enhances GTC utility.|
|Revenue Experiments||12.5 ETH /~$20k USD||Initial revenue achieved through mint fees, validating our revenue model.|
|Onchain Scoring||Launched on OP||Over 11k Passports moved onchain. $2 mint fee well-received.|
|Research Custom Community Experience||New endpoints & parameters||Enhanced adaptability for integration partners, based on their feedback|
- While we fell short on passport adoption, we found success in GTC staking, revealing a clear path for utility.
- Revenue streams are starting to show promise.
- Despite lacking full utility, onchain Passports gained surprising traction.
By revisiting our milestones and assessing both successes and shortcomings, we’re armed with invaluable insights for strategizing in the upcoming seasons. For more granular details on our past work and future plans, please refer to our previous budgets for S17 and S18 & S19 budget request, as well as the S19 Amended Budget Request and Passport Roadmap.
Feel free to ask for further clarifications or discuss any points in greater detail. Thank you.
Our financial strategy aims for stability; hence, we are maintaining a nearly flat budget for S20 compared to the revised S19 plan, which already saw a 16% decrease.
Full-Time Contributors: 8
- Developers: 4
- Product Manager: 1
- Data Scientists: 2
- Workstream Lead: 1
Part-Time or Shared Contributors: 8
- Support: 2
- Design: 1
- DevRel: 2
- DevOps: 2
- Operations: 1
- Executed a headcount reduction to maintain budgetary discipline.
- Slashed the DevRel budget by 45% impacting our ability to fund bounties and hackathons.
Note: This was a strategic move to achieve a >20% overall reduction, making room for a dedicated Data Science role focused on Passport.
Funding Period: This updated funding proposal targets Season S20 and S21, spanning from November 1, 2023 to April 30, 2024.
We encourage governance stakeholders to provide feedback and raise queries, as your insights are crucial for our ongoing improvement.
Thank you for your attention and participation. Feel free to dive deeper into any areas of concern or interest.
Requested Amount: Gitcoin Passport is requesting an allocation of ~1,251,581 GTC, equivalent to approximately $1,101,392, to cover both S20 and S21. This includes reserve and rollover funds.
|Total GP Budgeted Spend||$149,239||$170,864||$158,489||$478,591||$169,864||$178,864||$166,489||$515,216||$993,807|
|Past Season Treasury Balance||$223,681|
|Total S20&S21 Request||$414,439||$686,953||$1,101,392|
|S17||S18/19||Amended S19||S20 (Projected)||S21 (Projected)|
Note: The GTC amount requested and reserves will be updated based on market conditions when this proposal moves to Tally, using the lower of the current price or the 20-day moving average.
Breakdown staffing, contracting, operational expenses
We have meticulously accounted for upcoming expenses, aiming for a lean but comprehensive budget. Our 16-member team comprises roles in Product, Design, Engineering, DevRel, Operations, and Support.
|S18 (Actual Spend)||S19 (Projected Actuals)||S20 (Requested)||S21 (Requested)|
|Contracting (Dev Ops, DevRel, design)||$114,192||$70,969||$75,192||$99,192|
|OpEx (Software subscriptions, gas, audits, travel, professional development)||$31,835||$42,236||$61,725||$66,225|
Revenue & Reporting
- All revenue generated will either return to the DAO treasury or roll over into the next season.
- Throughout the season, we’ll transparently report to CSDO and Stewards on revenue, currency adjustments, and other critical metrics.
We Want Your Input
We welcome your expertise in several key areas:
- Suggestions for integration partners.
- Introductions to potential onchain pilot programs.
- Participation in user interviews.
Your novel ideas for expanding the reach of Gitcoin Passport are invaluable.
Thank you for your time and insights; your input makes us better.