Crypto Altruism Podcast Episode 152 - Let’s GROW Live Special - Gitcoin Citizens
In episode 152, we’re excited to release a special live episode hosted on Let’s GROW Live! For this special episode, we welcome Kris Decoodt, Round Operator of Gitcoin Citizens, a retroactive grant program that rewards those who have contributed to the growth of the Gitcoin ecosystem. We discuss the evolution of Gitcoin Citizens, the value of retroactive funding, maximizing network effects in Web3, and much more.
Three Key Takeaways
Retroactive funding makes it easier to evaluate the impact of individuals and projects, ensuring funds can be allocated appropriately. It helps ensure that funding goes to those who can create the most impact, not just those who can write a good proposal.
The network effects that help grow the Gitcoin ecosystem come from the community of contributors and supporters that has been built around Gitcoin. If you grow a solid community around your project, network effects will happen naturally as these individuals align their work with the project and onboard more people to the ecosystem.
When it comes to Gitcoin Citizens rounds, don’t be afraid to jump in and apply to be a citizen. Many contributors to the Gitcoin ecosystem may feel a sense of “imposter syndrome” - that their contributions don’t warrant participation. It’s important to take the leap and put your name forward. The worse case scenario is that you get some feedback on your application for the next round.
Follow Kris, Gitcoin Citizens, and Let’s GROW Live
Episode Time Stamps
02:25 – Tell me your story! What are you building?
05:05 – What were some of the biggest challenges transitioning from the corporate world to the decentralized world of Web3?
07:45 – What does the word “Citizen” mean to you?
09:35 – The third Gitcoin Citizen’s round wrapped up last week – do you mind giving a quick rundown of how the round went?
16:20 – One of the innovative aspects of Gitcoin Citizens is the focus on retroactive funding. Tell me more about retro funding and why you decided to take this approach.
19:20 – Have there been any specific innovations that have come from Gitcoin Citizens that you’d like to highlight?
22:00 – How does Gitcoin Citizens maximize network effects to grow the ecosystem?
24:00 – What does the road ahead look like for Gitcoin Citizens?
28:00 – Many people may have “imposter syndrome” and feel hesitant to apply to the Gitcoin Citizen’s round. What advice would you have for them?
31:35 – What advice would you give to grantees and community members on how to make the most of GG20?
33:45 – What is one piece of wisdom you would like to impact on the crowd?
Audience Questions/Comments
35:45 – Will T of Kingfisher's Media℠
37:55 – Ana of Koko DAO & Let’s GROW DAO
43:10 – James of Carbon Counting Club
43:50 – Wasabi of Kokonut Network
45:25 – Utkarsh of $EARTH
47:20 - Wrap Up – What are you most excited for in GG20?
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DISCLAIMER
While we may discuss specific web3 projects or cryptocurrencies on this podcast, please do not take any of this as investment advice, and please make sure to do your own research on potential investment opportunities, or any opportunity. We host a variety of guests on this podcast with the sole purpose of highlighting the social impact use cases of this technology. That being said, Crypto Altruism does not endorse any of these projects, and we recognize that, since this is an emerging sector, some may be operating in regulatory grey areas, and as such, we cannot confirm their legality in the jurisdictions in which they operate, especially as it pertains to decentralized finance protocols. So, before getting involved with any project, it’s important that you do your own research and confirm the legality of the project. More available HERE.
