Rethinking FDD: defending against fraud --> optimizing capital allocation

Context on the motivation and intention of this post:

I don’t foresee FDD building tools for these communities or substantially impacting how they allocate capital. I do see us learning best practices and improving our data analysis to be higher quality, faster to access and lower cost. We may not materially affect these rounds, but I do imagine we will want to gain insights to which allow us to maintain Gitcoin & FDD’s personhood, project quality, and pluralism scoring to lead the space for a while.

By lead I both mean “hold marketshare” but also provide a competitive north star for other builders in the space to optimize with and against.

I would guess that after the first airdrop goes out to users which disqualifies airdrop farmers, we will see their behavior shift.

To be honest, I’m not sure how much of this does actually fall in the domain of FDD vs PGF. It definitely feels good to have the conversation started so we can draw clear lines of accountability around new problem spaces which arise with Grants 2 deployment.

1 Like