Hi thanks for writing this up !
I know there were previous discussions on gitcoin charging 10% of matching funds raised to offer itâs support during community rounds and become sustainable
Is that plan being operationalised this round ?
Hi thanks for writing this up !
I know there were previous discussions on gitcoin charging 10% of matching funds raised to offer itâs support during community rounds and become sustainable
Is that plan being operationalised this round ?
I can help with this question!
The 10% fee will not be applied to any of these community rounds moving forward, and overall, Gitcoin will be moving away from trying to monetize support for these community rounds (those selected by the council for GG). When a community round is selected by the council for matching funds that will afford the round the marketing and product support previously seen with the community rounds service.
HTH! Thanks for your support!
Thanks a lot for this post, Iâve been asking questions recently around running a round for the B<>rder/ess community.
Iâll digest this later today when Iâm done with the 2 Year report on B<>rder/ess progress Iâve been writing.
Really pleased to see that the back and forth feedback on the GG proposed updates post was taken into consideration for this eligibility criteria. While I think no minimum matching amount required may open up the floodgates, I think this is the right move.
That said, Iâm hoping that the grants council has a vetting rubric of some kind to make those decisions easier (and to also support unbiased decision making )
Nice work team!
Echoing @Viriyaâs sentiments. I think this is a good first stab at how to run Community Rounds and Iâm looking forward to seeing the results and potential future shifts.
I am excited to see the foundations laid here to empower multiple communities and, as an extension, grantees doing valuable work across diverse causes.
The following alignment is likely implied as part of the runbooks for individual round design. I am calling it out if we want to explicitly spell out any of these design choices as part of the Partnerâs Agreement necessary to qualify as a community round.
Looking forward to seeing the evolution of community rounds!
I want to thank everyone who contributed to the Community Council review and suggested enhancements for Gitcoin Grants. Itâs exciting to see the evolution of these changes, and I look forward to continued collaboration.
Together, we will implement these updates, derive valuable lessons, and foster growth as we move forward.
In support of these criteria â looking forward to seeing how these first rounds go!
Excited about the new overall direction of Gitcoin and happy to support any of the future rounds
Thanks team and @MathildaDV for your work
Indeed, this might âopen up the floodgatesâ as @Viriya noted. But this is an exciting direction to go in for Community Rounds and I canât wait to see this continue to scale. Great work Gitcoiners!
+1, this could help Matching Partners to make educated decisions about increasing the funding round after round.
Thank you to everyone for your comments and feedback! Especially would like to address @rohitâs comments:
Up until now we have provided best practices and have resources like the Runbook that we can point them to. We believe it should still remain the communityâs decision what theyâd prefer to do here, as it might be restricting for community rounds.
It goes into your following point as well. Seeing that the rounds have been relatively small, we havenât seen a problem with them handling sybil squelching themselves. There are areas where we may think about getting help from more qualified community members to offer support and guidance as well in the future. We will offer guidance and advice on using collusion-resistant QF because I agree itâs a very strong mechanism and it works well.
Love these ideas! What we can do is add it to the propsal template to give communities applying the opportunity to express if and how they are planning on assessing grantee impact.
I will also amend the eligibility the reflect that round operators should provide feedback on rejections/approvals as thatâs a very important point!
And of course, no matter what, teams may always be in touch with Ecosystem Collective as well as the Grants Lab grants ops team and we will provide best effort support.
[UPDATED] I have updated the below line item and added it to the partners agreements.
I think there could be also a possibility that round operators will cheat by only accepting projects within a very short time span.
For example, alert their friends that âwe will apply at 2pm, you only got 1 hour.â Hence, rationale for other projects to be excluded is ready.
Plus, I am absolutely against any interviews or any additional requirements on behalf of the applicants.
Brilliant, this could be also implemented in community council voting
Iâm not actually sure I know what you mean. But the way itâs being set up and something thatâs part of the agreements is that application and donation timelines of community rounds match up with OSS. And thatâs why eligibility criteria for each round is so vital. Thatâs the criteria for accepting/rejecting grantees.
Absolutely, I just think that some basic guidelines for eligibility criteria should be compulsory for all rounds to avoid breaking the hate speech criteria.
Oh for sure! We do provide all community rounds with those guidelines and they have to conform to our core rules, as outlined in the post here:
Some more points I think would be good to consider;
Rounds should maintain the same sybil resistance measures as the core round. (really essential I think)
There should be more transparency around grantees addresses and the community rounds own funding.
It should be made clear who the round stewards are.
Lobbying round stewards in private should not be allowed - communications must be open and transparent.
There needs to be more accountability around ensuring that eligibility criteria are adhered to.