Trailblazers of Octant Episode 3 - Protocol Guild - Powering Ethereum’s Future with Decentralized Funding
For episode three of the Trailblazers of Octant mini-series, we’re excited to welcome Cheeky and Peter, core contributors to Protocol Guild, a decentralized organization dedicated to funding 180+ Ethereum core developers. Protocol Guild is reshaping how public goods are supported in Web3, ensuring the Ethereum protocol remains robust and sustainable.
In this episode, we’ll dive into:
How Protocol Guild is revolutionizing funding for open-source software and Ethereum core developers.
Why sustainable funding mechanisms are critical for maintaining decentralized infrastructure, and why Web3 is a gamechanger for public goods funding,
The role of Octant in supporting Protocol Guild’s growth
Trailblazers of Octant is a 5-part series where we focus on the rapidly growing public goods funding movement in the Octant Ecosystem, and highlight the projects and builders who have brought this movement to life.
Key Takeaways
Open Source Devs – The Unsung Heros of the Internet: Open-source developers are the backbone of the internet, maintaining critical infrastructure with little reward or recognition. Protocol Guild shines a spotlight on these unsung heroes, ensuring they receive the support and compensation they deserve for their vital contributions.
Innovative Public Goods Funding Mechanisms: Protocol Guild is pioneering new incentive mechanisms for funding public goods. Through innovations like direct donations, multi-year vesting for sustainability, and transparent, community-driven processes, they’re creating a sustainable model for long-term support of Ethereum’s core infrastructure.
Community-Driven Support for Open Source Devs: The Ethereum community understands that its ecosystem is only as strong as its foundational architecture. By rallying around Protocol Guild, the community exemplifies the ethos of Web3: collaboration, recognition, and shared responsibility in building and sustaining open-source innovation.
Follow Cheeky, Peter, & Protocol Guild
Thank you to Octant for their support in bringing this series to life! We are honored to have received a 2.5 ETH grant through the Octant Community Fund.
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Episode Time Stamps
02:30 - To kick things off, what would you say is the single biggest inspiration behind your Web3 public goods journey?
08:35 - For users who aren’t familiar with your work, can you give a high-level overview of your mission?
10:35 - To provide some important context for the conversation ahead, can you tell me about some of the challenges open source devs face when it comes to funding?
14:10 - I would love to learn about your membership. What types of projects and developers do you support?
15:55 - Can you tell me more about the funding mechanism, and how funds are calculated and distributed to guild members?
22:45 - Are there any specific members you would like to give a shoutout to for their contributions?
29:50 - Protocol Guild has been the largest recipient of funds from Octant, having received over 200 ETH in funding since Epoch 1. Tell me more about your experience participating in the Epochs, and the impact this funding has had.
37:50 - What do you thinks make Web3 such a fertile ground for experimentation in public goods funding?
40:25 - What’s the best way for listeners to learn more about Protocol Guild and support your work?
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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.
