Itâs exciting to see the progress Passport is making, especially in GTC staking! Iâm supportive of this budget.
Appreciate the thought thatâs gone into goal setting and Passport growth in this budget. Also excited to see growth in GTC staking and revenue gen last season!
Iâm supportive of the budget!
Great progress. Increasing revenue, utility, and adoption, while maintaining a relatively flat budget is an impressive achievement under these market conditions. I also appreciate the thought that went into this proposal. Iâm supportive of this budget.
That said, I recommend that the workstream lead consistently evaluate the pace of achievements against targets this season. If necessary, they should consider budgeting for and onboarding a FT BD contributor next season to accelerate progress towards the goals set.
Thanks @vinayvasanji !!
Thatâs a good point about dedicated BD within Passport. Weâre really trying hard to hold budget flat and Iâm feeling quite confident with the work @azeem has been able to do so far, but weâll keep that in mind if we find weâre struggling with partnerships.
Iâm overall completely supportive of this budget!
Really looking forward to this next phase of Passport. It feels like we have a lot to tackle to get to PMF but are seeing traction with increased number of holders, having successful revenue experiments and overall growth of adoption. Onwards!
The Passport team has an immense challenge ahead of them tackling one of the biggest problems in the Web3. That said, I couldnât be more confident about the individuals that are currently staffed to take on these challenges and doing so with rigor and focus. I will be voting âyesâ to this budget proposal.
Iâm supportive of the budget and interested in participating in user interviews.
I support this budget and plan to vote yes for it.
Passport has improved by leaps and bounds over the past few seasons â both UI-wise and in increasing the cost of forgery for sybils / airdrop farmers. The combo of passport + cluster-match QF feels pretty powerful right now!
I appreciate this teamâs openness when it comes to assessing where targets have been met and fallen short. I also appreciate the strong focus on partnerships and creating revenue + utility for GTC. It was cool to see passport emerging as one of the top apps on Optimism and using Ethereum Attestation Service last season!
That said, there are two things on my mind that Iâd like to see more attention paid to.
First, the UX remains a polarizing issue. Last round, there remained frustration from experienced Ethereum users and newer folks alike. Growing the user base =/= improving the UX. I love the vision of an âeasy-to-use app that makes it possible for web3 citizens to establish credibilityâ but Iâd also like to see some user data from outside Gitcoinâs core community to gauge how close we are to this.
Second, I worry that Passport could be over-indexed on Gitcoinâs use case and at risk of being eclipsed by solutions that assign a Sybil / reputation score without any additional interactions required by users (eg, Trusta Labs) OR are highly optimized to creating a community-specific web of trust (eg, Optimismâs badgeholder referral system). Iâd kinda like to see one of those marketing âcompetitive analysisâ matrices and see where Passport rates its feature being strongest â and then really driving hard on those requirements.
Again, I am impressed by this workstream, its ability to ship fast, experiment towards PMF, and drive revenue. I will be voting yes â with high hopes for what this team accomplishes in the coming seasons.
I love how much progress this team demonstrated this past season! I support this budget and am excited to see the progress this team will make in the seasons to come
Thank you for the detailed feedback!
Passport has improved by leaps and bounds over the past few seasons â both UI-wise and in increasing the cost of forgery for sybils / airdrop farmers. The combo of passport + cluster-match QF feels pretty powerful right now!
Thank you @ccerv1 weâve worked hard on the trying to improve the end user experience!
I appreciate this teamâs openness when it comes to assessing where targets have been met and fallen short. I also appreciate the strong focus on partnerships and creating revenue + utility for GTC. It was cool to see passport emerging as one of the top apps on Optimism and using Ethereum Attestation Service last season!
Again thank you! We had aggressive targets and while it was disappointing to not hit our goal of 1M Passports, Iâm VERY proud of what the team was able to accomplish in the last 2 seasons.
First, the UX remains a polarizing issue. Last round, there remained frustration from experienced Ethereum users and newer folks alike. Growing the user base =/= improving the UX. I love the vision of an âeasy-to-use app that makes it possible for web3 citizens to establish credibilityâ but Iâd also like to see some user data from outside Gitcoinâs core community to gauge how close we are to this.
Got it. Good perspective. I donât think weâre fully done here! I do think that the UX and the overall effectiveness can be at odds at times (e.g. the harder it is the less likely weâll get Sybils). Part of the current experiments and learning are around improving the experience for humans while also making it harder for Sybils. We havenât always gotten this balance correct. Weâre starting to develop a hypothesis around a smaller number of better stamps. Weâll have more on this over the next couple of months as we learn more.
Second, I worry that Passport could be over-indexed on Gitcoinâs use case and at risk of being eclipsed by solutions that assign a Sybil / reputation score without any additional interactions required by users (eg, Trusta Labs) OR are highly optimized to creating a community-specific web of trust (eg, Optimismâs badgeholder referral system). Iâd kinda like to see one of those marketing âcompetitive analysisâ matrices and see where Passport rates its feature being strongest â and then really driving hard on those requirements.
Weâre in agreement here. Iâm very concerned that the current product might be too much friction (given you point above) for end users and that could reduce our adoption. Weâre exploring, with the new data scientists weâve hired, lighter weight options including both additional APIs and data sets to improve the ways partners can work with Passport. We could end up with a major product pivot, or a new product, itâs too early tell at this stage. Itâs not in the roadmap (yet) as we donât have anything concrete here.
All, given the 5 days + 5 steward comments we have moved this to Snapshot to start voting. Please cast your vote!
I will be voting yes on this proposal, and looking forward to S20/21 of Passport.
Things Iâll be following closely:
- How does Passport evolve with the recent additions of cluster mapping/data analytics/data science skills to the team?
- How does Passport respond to âno frictionâ competitors in the market that can provide sybil resistance without the overhead of users having to create stamps.
- How does the market perceive Passport as an offering? Passport has been called âKYCâ or âdoxxingâ by some on twitter, and I donât think thats really accurate as Passport has been designed with privacy from the beginning. How can we shape the markets perception through education?
Update, thank you all, the budget passed! Snapshot Vote has passed with ~92% approval rate.
Metrics:
2179 unique votes
~6.2M GTC tokens cast.
Thank you to all the voters for participating in our governance and the proposal reviewers for going deep on this budget!
I (owocki.eth) am a member of the Gitcoin WalletGuard.
Iâve verified that the code on the tally proposal matches the intent of the Tally S20-21 proposal.
If you are interested in joining the Gitcoin WalletGuard click here.
@Jeremy Where can I find the Passport multisig address? I am trying to verify the Tally, but I do not see the Passport wallet address or a link to find it in the proposal.
Hey Jon, itâs in Tally, but you can find the direct link to it here: Tally | 0x19E50fA5623895D5a2976693eaFF5C2F879510ed
I (jonruth.eth) am a member of the Gitcoin WalletGuard.
Iâve verified that the code on this proposal matches the intent of the proposal.
If you are interested in joining the Gitcoin WalletGuard click here.
Excellent work great innovative results.
I (cryptobenthicđ .eth) am a member of the Gitcoin WalletGuard.
Iâve verified that the code on this proposal matches the intent of the proposal.
If you are interested in joining the Gitcoin WalletGuard click here.