Drips

Next up was my other colleague from the funding coordination team, @sonkiski She started by laying out the problem in stark terms; just 3000 OS developers created 8.8 trillion in value, but only get an average of $3200 a year for their effort She then digs into government as a solution to this issue, specifically looking at different European programs to fund OSS & the new cyber resilience act forcing digital product owners to make public their software dependency graph By analyzing an OS funding program from schleswig holstein, she found that majority of the dependencies were outside the EU jurisdiction. So channeling the funds would either require high maintenance overhead or else a consultant who manages it This is where she believes that Ethereum can add value, by becoming the rails thru which gov programs distribute funding to dependencies She tested this hypothesis through interviews with government software funding agencies. Most initially responded that Ethereum was a volatile coin and were unaware of stablecoins entirely Since all governments want to see pilots, she concluded with an example of UNICEF deploying funds through @dripsnetwork , an already live initiative Her full research is coming out in time for UN OS week in NY, love the detailed research done so far

Raul just gave a talk @EthPrague on the ideas outlined in his blog post around making public goods projects sustainable by structuring their ambitious research goal as deliverables clients pay for He stated with the overall purpose of the funding coordination team @ethereumfndn that I'm part of: increasing total net funding for PGs & decreasing EF dependence The main issue so far has been ad hoc, cyclical grants based mostly on volatile tokens. Teams are unable to plan long term & grant funding distorts incentives to satisfy criteria for renewal instead of the product Odin aims to address this gap by working in the trenches with selected teams. All the way from defining their ideal client profile to finding leads for them to documentation of processes In many ways, odin is a no brainer for the EF. If we are giving a large grant to a team, may as well also embed one of our staff to ensure that teams are well placed to move beyond EF funding in the future