Thanks a lot for sharing your experience, Austin! I’ve added a link to your comment in the post. I’m not surprised that it didn’t do great for getting more donations to the charities (as the post suggests), but I’m intrigued by your impression that it didn’t do well in allocating money to different charities. What was your expectation regarding how allocations would be made, and how were they actually made instead?
And it’s really interesting to know that Gitcoin is also de-emphasizing quadratic funding. Their website still mentions quadratic funding quite a lot; do you know if they have written this down somewhere?
As for fancy funding methods, I agree that the s-process looks interesting on the face of it. But I don’t think my opinion here is more valuable than anyone else’s, and I don’t know how it compares to other mechanisms in this space. It would be great if someone thought through the theoretical considerations in that case, and try to get a sense for how participants/funders feel about it (like this testimony). This feels relevant given how much money the SFF has moved to date.
Thanks a lot for sharing your experience, Austin! I’ve added a link to your comment in the post. I’m not surprised that it didn’t do great for getting more donations to the charities (as the post suggests), but I’m intrigued by your impression that it didn’t do well in allocating money to different charities. What was your expectation regarding how allocations would be made, and how were they actually made instead?
And it’s really interesting to know that Gitcoin is also de-emphasizing quadratic funding. Their website still mentions quadratic funding quite a lot; do you know if they have written this down somewhere?
As for fancy funding methods, I agree that the s-process looks interesting on the face of it. But I don’t think my opinion here is more valuable than anyone else’s, and I don’t know how it compares to other mechanisms in this space. It would be great if someone thought through the theoretical considerations in that case, and try to get a sense for how participants/funders feel about it (like this testimony). This feels relevant given how much money the SFF has moved to date.
Re Gitcoin: I’m mostly reading between the lines on announcements like https://www.gitcoin.co/blog/announcing-the-decentralized-future-of-gitcoin-grants, which heavily de-emphasize the quadratic funding mechanism.