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Episode 137 - Making your donation actually count for something with Gitcoin Grants
Manage episode 332205010 series 2987037
المحتوى المقدم من Eureka John. يتم تحميل جميع محتويات البودكاست بما في ذلك الحلقات والرسومات وأوصاف البودكاست وتقديمها مباشرة بواسطة Eureka John أو شريك منصة البودكاست الخاص بهم. إذا كنت تعتقد أن شخصًا ما يستخدم عملك المحمي بحقوق الطبع والنشر دون إذنك، فيمكنك اتباع العملية الموضحة هنا https://ar.player.fm/legal.
Good morning! In this episode I take a gander at Gitcoin Grants and a couple of projects I donated to using a concept called quadratic funding. It is a way to donate to make sure that everyone's vote/donation matters. There is more weight put on the amount of different people donating to a project than one large donor. This way, large donors are not able to manipulate outcomes just because they have to cash power. There is a pool of funds donated by larger organizations that match individual contributors. when lots of little contributors donate a little bit to a project, that project receives more of the pool funds than if one single large rich and powerful contributor put in one large donation. It is a cool way to make doing a little turn out to be alot.
Sources:
https://gitcoin.co/grants/5187/crypto-sapiens-podcast-gitcoin-grants-proposal
https://gitcoin.co/grants/4972/journodao-using-web3-to-upgrade-journalism
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