Hi Umar,
Appreciate the detailed explanation. I now understand the reasoning behind the Cluster-Match QF. While that seems like an approach in the right direction, I wanted to highlight few concerns on this, citing Nawonmesh as an example.
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In my opinion, urgent climate action needs a bottom-up approach through the formation of many grassroots organizations focused on building local climate resilience by solving local challenges, not just globally appealing projects like medical herbs. In such cases, funding support will have to come primarily from their local communities as these projects might not appeal to global donors, although local climate efforts also contribute to global GHG reduction. Cluster-Match QF seems to be incentivising the opposite approach i.e. a top-down approach and makes Gitcoin unsuitable as a funding source for grassroots climate orgs having only local appeal.
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The logic of crowdfunding is to get initial social proof from the existing community of the project owners before the larger community jumps in to donate. That is how any web2 crowdfunding platform also works. Now, if that existing community is supposed to prove their legitimacy by also donating to other projects (who they know nothing about), it just creates lot of unnecessary donor friction.
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Two-third of India survives in less than $2/day. Nawonmesh is a grassroots project operational in one of the most backward regions of rural India. You can imagine the financial capabilities of the immediate and extended communities Nawonmesh serves. Convincing these people to (a) resonate with a project having no immediate benefits to them and (b) DONATE $1, that too in CRYPTO, was itself very very difficult. Expecting them to give more to unrelated projects is completely unrealistic. If I had asked them to also donate to other projects, they would not have donated to Nawonmesh too as it would have been an overkill for them.
Also, ChainEye dashboard had 240 passport votes for us. but you have mentioned 187 eligible voters. I am unable to understand this gap.
Thanks a lot. Appreciate it man.