THE EVOLUTION OF PUBLIC GOODS FUNDING ON @gitcoin GRANTS (a thread )

Round 1 in Q1 2019 - 200(ish) Contributions - $38k raised

'Hey guys we launched a "crypto style patreon".'

Round 2 in Q2 2019 - 400(ish) Contributions - $56k raised

Round 3 in Q3 2019 - 2000(ish) Contributions - $270k raised

Round 3 we built a UI that estimated how many matching funds you'd get, e.g "donate 1 DAI this grant gets 100 DAI"

Round 4 in Q1 2020 - 5000(ish) Contributions - $344k raised

Round 4 included a Media Matching Fund (and plenty of controversy).

Round 5 in Q2 2020 - 8000(ish) Contributions - $475k raised

Round 5 included a Public Health Matching Fund, Negative Voting, Flagging, and Round over Round Subscriptions

Gitcoin Grants has raised $1.8m for Public Goods Since January 2019

Here are some more stats on Grants Round Growth, courtesy of @CamiRusso

All of this was Built on Ethereum, during a bear market by @gitcoin which is funded by Consensys.

It is your solemn duty next time someone is smack talking Ethereum or Consensys to show them this thread.

TLDR - Public Goods are Good && Ethereum is where it's at!

/fin