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Allo on Arbitrum Hackathon: launch party 🎉
Recorded: Dec. 8, 2023 Duration: 1:02:30Space Recording
Full Transcription
GM, GM.
How's it going?
Good, good.
Just happy, wait, happy Friday.
I just realized it's Friday.
It is Friday.
What a happy realization.
Oh, yes.
It's like an epiphany, if you will.
A little mini Christmas.
I know.
Oops, I accidentally, did I accidentally send a, my bad.
I accidentally just sent a speaker request to someone in the audience.
Please disregard unless you're supposed to speak.
My bad.
What's up, Jonas?
It's good.
It's good.
These are kickoff day.
And wait, so who do we, who do we have from Arbitrum here?
Okay, maybe, maybe they're not supposed to speak, but that's fine.
Well, welcome every, okay, cool.
Got it.
Welcome everybody.
We'll, we'll give it a few more moments for everyone to join, but to fill up the time,
we've got a couple of Biddlebox announcements, and then we'll kick into the subject at hand,
which is the Aloe on Arbitrum hackathon launch party.
So let me get my notes out.
All right, so a couple updates in the world of Biddlebox.
If you missed it, Biddlehacks winners were announced.
We got a blog post up.
If you scroll a couple pages down on our Twitter, or if you are a subscriber to the Biddlebulletin,
our weekly newsletter, then you will see all of the winners and the winning projects.
And I'm not sure if any of them are in the audience, but congratulations to everybody
who participated.
Number two, the Luxo Build Up number two hackathon ended on November 30th, I believe.
And they are going to be hosting an award ceremony on Thursday.
That is December the 14th at five o'clock PM CET.
I'm not going to try and do the math on the time zone conversion, but it is 5 PM CET and
sometime in the morning in Pacific.
And the streaming details are to be announced.
But if you are interested, project submissions are public.
So you can head over to app.biddlebox.io and navigate to the Luxo hackathon page.
And you'll be able to browse all of the project submissions.
And all of the builders made some really cool stuff.
A couple other things.
We have a special edition Biddler PO app.
Jonas, I'm going to let you speak on that.
Yeah, so last week, Biddler PO app celebrated 35,000 builders on the platform.
And to commemorate everyone that has submitted a project so far in Biddler PO's journey, we
distributed a PO app last week.
And check your inboxes if you've submitted a project so far.
And if you have any issues with claiming the PO app or anything regarding the PO app, please
reach out to me personally either here or Jonas at Biddlerbox.io.
And, yeah.
And, okay.
I know.
Okay, cool.
Well, we're five minutes in.
We've got one more really cool announcement about what we are working on or product updates with Biddlerbox.
I'm not sure if this is, if I'm jumping the gun on making this announcement.
But we are going to be launching a pre-dev integration for our builders.
So, Jonas, can you give me some insight on that?
Yes, so for the Arbitrum on Allo Hackathon, we, for the first time, have an integrated AI assistant available.
The name of it is Biddler Bot, and it's a collab between Biddlerbox and pre.dev, which is an AI tool for devs.
How we envision you using it, we haven't put this into the hands of users yet, but how we envision the value in all of this is Biddlers getting quicker up to speed on the ID that they have.
And what you can expect to get out of the Biddlerbot is the infrastructure for your ID as well as code.
So, we are very excited for all your feedback, and if you test it out, it's going to be available when you create your project on Biddlerbox or on the Arb on Allo Hackathon.
There's going to be a tab, there's going to be a separate tab that's called Biddlerbox and it's marked as in beta, and that's true.
So, if you have any issues with it, or if you have any ideas on how we can improve the Biddlerbot, also please share that feedback with us.
But, it's basically every Biddler getting access to a paid service through the Biddlerbox platform that we hope can be really useful and get more Biddlers biddling.
That's why we're here. So, super excited for today, and as I said, if you have any questions about it, reach out to us on our Discord or via email, and any feedback is really appreciated, let's say.
Yes, sir. Holler. Okay, cool. Well, we are going to now jump into intros. We've got a special, special space is lined up for y'all today. Real quick, my name is Annalisa. I'm product marketing here at Biddlerbox.
We're all, most of us, I believe, are a Gitcoin family or a former Gitcoin family on stage.
We've got Jonas here, AKA Skinny Jesus, AKA my fellow Kanye Stan, AKA the numbers guy, growth marketing numbers marketing dude to my sparkles and design creative marketing me.
And, Zach, I'm going to let you handle your intro.
Oh, man, you just hyped Jonas up.
Hell yeah.
I thought we were tighter than that.
Yeah, man, you're just leaving me out of here.
I got to get to know you better, Zach, so I can hype you up too.
All right. Well, Jonas is the marketing extraordinaire, the whatever, the slayer of dragons, all the stuff that Annie just said.
And my name is Zach. I do this and that. You know, I'm all right.
Maybe you've seen me on Twitter. I don't know. Probably not.
Hey, everybody. I'm so glad you're here. It's great to be speaking with you.
I'm so excited for the conversation we've got today, and I'm just thrilled about this hackathon that we're doing with the Arbitrum ecosystem.
I think this is going to be a ton of fun.
My name is Zach. I'm the engineering lead for the Allo protocol team at Gitcoin.
And if you haven't heard, Gitcoin has been in the process of designing, building and launching this protocol, which is all for capital allocation.
So this larger problem set that we see beyond just public goods funding.
Gitcoin, of course, is at its core funding public goods and building tools or funding public goods.
And the protocol is a really important part of that.
It's like we have the grant stack, which you've maybe seen.
Hopefully everybody donated in the in the recent Gitcoin grants program that just wrapped up.
It's like such an important thing to do for the whole ecosystem.
As we think about like Gitcoin's growth and Gitcoin's expansion, we're trying to operate at every layer of public goods funding stack.
And so my role in that is leading the protocol team from an engineering perspective, which is what what brings us to today.
Amazing.
And so, I mean, you already gave us a generally like a high level intro on Allo protocol.
But I know Jonas and you had quite a few conversations in leading up to organizing the hackathon.
My question, I mean, we could talk about like the logistics or like the details about the hackathon.
But I kind of want to know a little bit on the background of why y'all decided to organize this hackathon and especially with Arbitrum's involvement.
And could you speak a little bit more on that or Jonas?
Either of you.
Yeah.
Why don't I why don't I kick things off and then Jonas, you can kind of round us round us out with anything that I that I missed or anything that you want to add.
So Arbitrum ecosystem has been killing it and just doing so well.
It's been so amazing to watch everything that's happening in the ecosystem as since the token launches as and even before that, like as this ecosystem has grown and it's growing like a wildfire.
It's just so impressive to see. And it's so heartening.
I think this might be one of the key things that lead us leads us into the next bull market is all just the exciting stuff that's happening on Arbitrum.
Right. It's amazing to watch within this like broader space of crypto.
We have public funding, which is which is kind of where Bitcoin comes in.
Right. And public goods funding is is another way of saying like ecosystem growth or ecosystem funding.
Right. Bitcoin has funded Ethereum public goods.
So for the broader Ethereum ecosystem, we've been funding what the broader ecosystem defines as public goods.
But communities like Arbitrum have the right responsibility, et cetera, to make their own definition of what their public goods are.
Right. And we're seeing this across ecosystems, big and small.
Arbitrum is just doing like a really particularly good at a good job at it right now.
Right. Which is was really awesome to see. That brings us to the hackathon.
Right. There aren't many tools for actually doing the funding of public goods.
And this is one of the things that's holding up a lot of growth across the broader Ethereum ecosystem and just like preventing projects, interesting and compelling projects for getting the funding that they need to sustainably keep building and providing the service or whatever the public good is that they that they are providing.
We've seen this across Ethereum. And then as the Ethereum ecosystem continues to grow and ecosystems like the Arbitrum ecosystem come into play, it's just like especially true.
You have a smaller like niche, more niche set of like particular interests or sort of your own community definition of public goods.
And you really run into this problem where there's just like not tools to actually like do the funding of public goods.
How do we surface public goods that our community cares about?
How do we like evaluate which ones we're going to prioritize, which ones we're going to fund?
And then how do we actually like get the thing to them? Right. That is really hard.
There's been a ton of really great stuff happening in the Arbitrum forum around some of the stuff that Plurality Labs and the Arbitrum grants that was done, grants that, et cetera.
We're still just missing tools for this. The hope the hope here with this hackathon is to actually just get people to build stuff that can be used to then fund cool things in the Arbitrum ecosystem.
Now, that's amazing. Go ahead, Jonas.
Yeah, I think you mentioned this in my amazing intro, but I'm also kind of a Gitcoin alumni from back in the days.
And I feel like it's such an interesting point in time because I feel like we're entering into almost public goods 2.0, where the mechanisms that we actually use to distribute these funds are up to for discussion and up for debate.
Well, Gitcoin has built this reputation with doing grants rounds on kind of their own internal tech stack.
And now we are like, do we do we still want to pursue a quadratic future or are like direct grants more of an interest now?
And I think there is a lot of I'm kind of tying this into some of the challenges challenges around grant reviews and how can you make sure that the funds are actually allocated in the most like proficient way possible?
Because I think most of the Ethereum community or like a majority of the Ethereum community, the broader Ethereum community, including Arbitrum as well, of course, is very bullish on public goods.
And I think it's solving issues like how do we make sure that the grants are actually real and they're doing real work?
How can we like vet people that their votes should count?
And all these kinds of issues is kind of what's holding the space back because I don't think there is I think there is a super desire to fund public goods, but it's more about capital allocation and how should we distribute these funds?
And I think having events like Arbitrum or Arbitrum hackathons is kind of these incentives to think about these hard, hard, hard questions and how we can work to solve them.
So, yeah, very exciting.
That was such a great point.
I so appreciate that.
I mean, if you think back to just like before the start of the last cycle, quadratic funding and Gitcoin were kind of the only game in 10.
We're kind of the only game in town.
And now you've got direct grants.
You've got the domain allocator program that Arbitrum is doing.
This seems like it's going really well.
You've got retro public goods funding and retro QF.
You've got like a lot of other mechanisms that are kind of like in play now and probably still not enough to like actually efficiently, like you said, allocate capital to the projects that are valuable for an ecosystem.
So that was so many great points there, Janice.
Awesome.
Well, we've got another speaker that has just entered the chat, a.k.a. Disruption Joe.
Since we did we did intros, but I'd love to have you introduce yourself.
I know you are with Florida.
OK, that's it's always a mouthful whenever I try to whenever I try to do this.
But Plurality Labs, which is also a co-sponsor, co-organizer of this hackathon.
Welcome, Joe.
Don't worry that you had trouble with that.
I just saw a walkie yesterday and he said he was like, what are you talking about?
It's hard to say Plurality Labs.
And so even those of us who talk about it all the time can't say it.
My background is I've been in crypto space since 2017 full time.
I worked at Git going for three years doing some grants operations work and then leading the fraud detection work stream for a couple of years.
This last April, we closed that down and started Plurality Labs.
We received a grant from Arbitrum to build a grants framework that after three milestones will be capture resistant.
And this framework should increase the number of people buying Arbitrum to use for governance because they feel like their governance means something or their participation means something.
And, you know, those are pretty lofty goals, but I think ELO is a key component of this.
A lot of what we're doing in Plurality Labs extends on research that wasn't the core protocol building at Arbitrum.
So it was a little a next step for getting funding as far as Gitcoin was concerned.
But now is like a perfect time.
You know, Arbitrum needs all these tools and different options.
We also need, you know, a billion, a pluralist framework for us to have a single source of truth about any given grant or project.
And ELO provides that so I can imagine a future where all these things people are building in this hackathon enable the protocols on Arbitrum to have, you know, kind of their Swiss army knife of funding models.
And I'm really excited to see everybody here.
Amazing.
All right, so let's go ahead and talk about the hackathon.
I'll just give some high level details in case you have or in case anyone in the audience has not signed up yet.
You can sign up for the Allo on Arbitrum hackathon on Biddlebox right now.
I will put the link on our Jumbotron here on the spaces.
But submissions actually opened at 12 a.m. Eastern time and they will be closing on January 10th, 2024.
There's currently 109 participants that are signed up and there are three challenges that have gone live.
And I'm going to just ask anyone on stage.
I believe there are rumors that there may be an Iwaki challenge that will be added eventually.
Is that correct?
I can neither confirm nor deny.
All right, well.
How's that?
There may be a little, there may be a little something extra.
I've heard rumors.
I've also heard these rumors.
I've heard rumors.
We're speculating here.
But currently there are three challenges with a total prize pool at the moment, question mark, of $40,000 in USD.
And what I love about the hackathons that we get to work with y'all in, and especially the last one, I think, well, it was Gitcoin, but also I believe Allo was involved with the fun public goods hackathon.
And these hackathons are centered around solely building for the public good.
But I would love to run through some of the challenges.
If anyone wants to, I mean, I have them in front of me.
I could read all the details, but I would love to hear from, I know, Joe, you did a really great high level intro on these on Wednesday.
But, yeah, if you could walk us through each of the challenges and what you're looking for.
We can start with one.
You know, I think, you know, Zach wrote them, so I'd love to give him the first shot at going through them.
Let's, yeah, maybe I can describe a little bit about what some of the challenges are.
And then, Joe, if you can talk a little bit about a little bit of the why behind why we're doing these challenges, I think that would be really helpful.
Fire.
Yeah.
So the, you know, I kind of tease this a little bit in the beginning.
The, one of the big problems that we see at Bitcoin, one of the reasons we were pursuing a protocol is, you know, there's, there's all this funding around the Ethereum ecosystem for public goods.
And there just aren't enough tools to actually distribute and allocate that funding at all, much less in efficient ways where we're ensuring that projects are going, funding is going to legitimate projects, that there's some sort of like ROI being tracked and measured on that funding, right?
And so there's literally like if you're a program manager or if you want to be a part of distributing funding into public goods, it's like, what tools do you use?
There actually just aren't that many.
And so the first challenge and the biggest challenge as part of this hackathon is going to be to build tools that would solve that problem, right?
The title is Best Novel Funding Distribution Tool, bit of a mouthful, but it kind of captures everything that I just described there.
It's like Allo is this very flexible protocol for designing and building capital allocation tools.
So you can do something small, like you could recreate a multi-sig effectively and have a couple of addresses that have the ability to distribute funds from that pool, just like on a multi-sig.
You could also, you know, effectively like recreate something like Tally, like a full-on governance system or compounds Governor Bravo, right?
Like full-on governance system that's token weighted or token uses token voting to decide how a pool of capital is distributed and all sorts of things in between.
We're using it for QF at Gitcoin.
We've got teams using it to stream grants, et cetera.
But the goal of this first hackathon is literally just like think of something that a community, think of and build something that a community can use to actually distribute capital into public goods projects.
That's the first challenge.
Joe, you want to tell us a little bit about like why we think this is important in particular for the arbitrary ecosystem?
Yeah, so I think in the arbitrary ecosystem, you know, we're taking a different approach than a lot of different DAOs.
One of the things that we believe in is the pluralism of mechanisms.
So like the idea is that if one mechanism isn't working well, you know, we can use another mechanism awesome because the probability is that the reason you're using it is it works well for one group of people or funding one type of thing and not another.
So, for example, quadratic funding as a mechanism is really great for sourcing information from the edges, like from your community, understanding what's out there and kind of finding, you know, some new builders that are building up things.
It's also great at kind of marketing your community or your protocol.
It's great at building community and giving repeat interactions.
If you do multiple rounds in a row, you know, it becomes a community over time.
What it's not good at is doubling down or tripling down on projects that are successful.
It's not great at running an RFP process or doing a bounty or a hackathon necessarily.
So the LO protocol now allows you to customize those funding strategies, as this challenge is about.
And for Arbitrum saying, hey, we want many different people, a decentralized group of people running grants in the ways that they think are best suited to get the outcomes they're looking for.
What we don't want is the inability to assess whether grants are going from one program to another.
And because these programs are kind of run by different people, nobody ever notices that they're just kind of farming these grants around everything.
So using the LO protocol, we can also then build out modules and stuff like that where we can assess, you know, how much funding has this grant gotten in total from all of our programs?
Because they're all, you know, part of that assessment problem has been around, you know, if everybody's using a completely different and unique data source, that's a lot of work to, like, have many different people using many data sources.
And you have to figure out, like, okay, is the data in here accurate?
Does it have, like, a provenance I can trust?
Is it all real?
Is it all real?
Is it all real?
Is it all real?
Is it all real?
Is it all real?
Is it all real?
Is it all real?
Is it?
Is it all real?
No, it's real?
I, I think, I think it's really interesting.
I mean, here we also like LO just extracts all of that.
So you can just say we're allocating funds.
The, the base layer data is the same.
You can make up the mechanism you want.
You know, we as a community can then have a transparent and auditable substrate where the data sets that we can then, you know, have a marketplace of interpretations of what, you know, the data means itself.
maybe i'll just touch on that was really great maybe i'll just take that as an opportunity to
touch on a little bit about about allo and and how it works and why uh why it's a good opportunity
for for what arbitram is is looking to accomplish and kind of how it's able to do those things
um allo is a protocol like i said for doing capital allocation and the way that it works
is you have we have a core core set of contracts that actually manages all the funds and and sort
of wires the money around and you write an allocation strategy which is a strategy contract
that controls how a pool of funds gets distributed there's kind of three main things that that
strategy contracts needs to do the first is determine who to determine who's eligible to
receive funding from that pool how they how that eligibility is determined who determines that
eligibility etc then there's a ton of flexibility in how you do that but that's the first thing is
who's eligible to receive funding from this pool the second is who's eligible to allocate that pool
and so who's eligible to say like this amount of funding should go to this address or this project
or something like that uh and then the third is how funding gets distributed right are we just like
sending it are they claiming it are we using qf where there's this like calculation phase and then
and then they get uh funding distributed etc but that's the third piece is how funding actually gets
distributed joe said something really important there which is like we want to be experimenting
with lots of different ways of like playing with those three things not just like we're doing qf
versus we're doing direct grants but like here's all the different ways in which we're doing qf
all the different permutations of qf or here's stuff that's not even remotely related to qf but
uh that we're sort of like you know solving these answering these two questions for and if we do that
in the context of allo not only is our time to you know capital allocation much shorter because all
you have to do is write this you know pretty simple contract some of our allocation strategy contracts
are only 100 lines of solidity and so you can build like a pretty a pretty complex capital allocation
mechanism in just like a short you know pretty short contract right so our time to get there is a lot
faster but because we're using allo uh we can compare across different programs gitcoin does
all this work to compare how like the efficiency of one qf rounds to the other right and so that kind
of comparison is is manageable um you know we have like data a data team that's like doing that but
when you're talking about like how you compare a qf program to a direct grants program that's where it
starts to get really hard especially if what you're doing is like joe joe said just like using
completely different systems if you're comparing a direct grants program that's using one system with
a qf program that's using a different system it becomes really hard well if all these things are
built on allo we're looking at the same set of events the same set of data etc we can actually do
that kind of comparison and we built and shipped a product called allo scan which is like i mean just
like the name suggests it's ether scan for allo and so you can actually look at who's receiving
funding how much funding have they received where have they applied what rounds have they applied to
how is a how is a program being run or how is a pool getting distributed etc you can see all of that and
you can you get this sort of auditability and comparability across not just different kinds
of qf programs but really like any kind of any allocation or grants program etc so that's one of
the things we're really excited about here for for um how what arbitram is trying to accomplish and
how allo can be a part of supporting that yeah one one other way that uh i i look at that it's
really impactful for arbitram is that arbitram has you know 460 470 protocols building on it
you know like the the next like most protocols building on l2 is something like 150 right to give
you an idea of scope and scale um a lot of these projects like things like gmx and camelot you know
gmx is pulling in the third most revenue i think of any decks like the business itself is running very
well and sustainably and they're running their own grants program right and so we want to look across
all of arbitram as an ecosystem and the only way we can do that is by kind of building a network effect
around some protocol or standardization where we have a single private key to look at to say
how much funding has this grant gotten in the past um and so you know building this for arbitram
isn't just for the arbitram you know uh out too it's for 460 some protocols building on arbitram to
distribute their funds whether it's you know anons working together on you know distributing in a
decentralized way to their team or if it's um gmx wanting to do direct grants to their ecosystem
or even an rfp process that's fair and decentralized and gives everybody in their ecosystem voice
you know anything that one of these communities builds and comes up with can be used by all the
other communities it's now there on arbitram
amazing so um to confirm that this is that's challenge number one that's best novel funding
distribution tool am i am i getting that right yeah that's exactly right amazing um we've got one
more exciting piece that i'll end with and we can we can talk about um kind of the next uh bounty if you'd
like a next challenge if you'd like so this we're going to run this pretty similar to how most hackathons
run challenges where um we'll have a set of prizes and some judging criteria and you'll win a prize based
off of how well you perform against that judging criteria so i think um i think we've released this
already but the first place prize will be ten thousand dollars uh for for winning this one the other
thing that we're going to do is um joe and i in at the end of january when this wraps up is uh for
the best projects that come out of this bounty we're going to actually run around uh on whatever
project it is that you build that wins the hackathon and so not only will you win the hackathon bounty but
we're actually going to use your product or your tool to distribute funding back into the arbitram
arbitram ecosystem uh and we'll have more details on that kind of as we as we get closer to the end
of the end of the hackathon but um not only are we going to like give you a bounty potentially for
winning the hackathon but we're going to go ahead and just like be your first user of it and uh and
experiment with running around distributing distributing grants funding through your project
uh back into the arbitram ecosystem i think that is amazing and um yeah i absolutely love that
and i know that um i mean i could probably ask this after after we go through each of uh the prizes but
uh for builders that want to get started now uh i mean what documentation or resources do you
recommend i know like we've been talking about potentially having uh workshops coming up but
um yeah where's a good starting point for for our builders so i responded to the um the twitter space
tweet uh with the docs a link to the documentation that's a really great place to start uh the
documentation gives you kind of an overview of allo and how it works there's some conceptual um overviews
and pages that kind of explain some of the key concepts and so that'll help you crock allo in general
the other thing that i'll share is just the link to the repository and i'm just going to respond again to
um to the street here with the link to the um to the repository one of the things that i'll specifically
call out about the link to the um the github repository is in there uh inside the contracts
folder there's a strategies folder and in that strategies folder there are one two three four five
six seven strategies that have already been audited and are in use in some way so you could pick up and just
build a front end on those and then there's also a folder of proof of concept or like prototype
strategies and uh i'm looking at it right now there's probably like 10 or so there these are
not ones that have been audited but they are ones that our team built or wrote um ourselves and uh are
again ones that you can just kind of pick up and run with um they haven't been audited that's the caveat
that i'll say about these proof of concept ones um but there are they are there uh for you to take a look at
that amazing cool i've got that posted on the jumbotron along with the docs and um for both of
these does these generally will apply for or apply to um the rest of the challenges that we've got coming
up is that correct say that one more time sorry oh um for the resources that uh we just shared uh
are these relevant to the other challenges that um yeah okay amazing everything's there everything's
documented in the documentation site and all the allo contracts are in this one repository so
everything should be between these two two and zach being the one to write and direct the writing a lot
of them would be too shy to say or modest or humble to say that they are some of the best documentation
i've seen um i've had multiple builders who i share the documentation with and they either get
inspired or reach back to me and go who wrote these this is amazing so well done thank you i love
hearing that yeah everything is super well documented that was something that was really important to us
it can be complicated kind of on its face but we want to make sure everybody has what they need to
to get going um amazing so uh i'd love to talk about the next challenge or i mean the rest of them but
yeah let's let's get to best use of the project registry uh tell us about it cool so the project
registry is a core part of allo and it's um in addition to all the capital allocation stuff that
that allo can do i think the project registry is a really cool use case for allo one of the things we
talked about was how do we know if a project is a valid legit sort of meaningful project versus
a group that's maybe just like shopping around and never really intends to deliver anything right
it's actually a really hard problem the project registry is a universal registry of uh project
profiles and so you as a builder with whatever your your public goods project is a creative profile
on the project registry and then that becomes your sort of like single profile that you use on for
any of the grants tools that get built on allo right and so that's going to eventually enable
things like a common application where if you've got a profile uh on allo and and um it's fleshed
out applying for grants in the future will just become easier and easier it's also going to allow
for things like reputation right and so if you are a legit project you'll be able to show that in
whatever ways you and the communities that you're a part of decide to uh you know describe reputation
whether that's nfts or attestations or tokens or whatever it is every every profile on the project
registry gets an address the unique address that's that's unique to the project registry and so you
know you can issue attestations to that or nfts to that for for projects it's also the third thing that
i'll share there is as something i think that's going to be really meaningful and really cool about
the project registry and these profiles is curation right so how do we curate the official profiles for
all the projects that are d5 projects on arbitrum right something like that becomes doable when
these projects have profiles in the project registry or um you know joe mentioned that dex earlier is
like these are the projects this is a curated list of all the projects that that dex has issued grants
to right like that's like that's like the kind of thing that we can start to do with the project
registry so there's a lot of potential here the bounty that went live uh you know about 40 minutes ago
is best use of the project registry so what is you know there's all this meaningful data in the
project registry there's more and more projects uh create their profiles on the registry it's only
going to get more meaningful so what are some of the best things that you can do with this data
or use with this data um we've run similar versions of this bounty before and people have done really
cool things including like building a profile manager so i can just like create and easily manage my
profile the other is curation things like i mentioned right it's like um how do we know or
how can we as a community curate what are the crypto sustainability projects right these are ones
that we've vetted and are actually working on sustainability using using crypto uh how can we
build like curation mechanisms for things like that those are some examples there's a ton of space to
play in here and so many cool things that people can build here but that's the bounty at a high level
um awesome i know i i love that um i mean all of your challenges that uh y'all have written in
i'm and i'm not just um i mean we we've done a lot of hackathons uh back in our gitcoin days and and
uh now on biddlebox but i i truly appreciate uh all the resources and uh you even have left or
included um like project inspiration or just some yeah project ideas for builders it's it's the challenge
descriptions are very thorough so uh i i really appreciate that and i think that's awesome um
amazing okay cool any anything else that you wanted to touch on this one in particular about uh
well uh we could talk about it looks like this is also uh ranked prizes and um yeah yeah joe joe
mentioned some of this in in his previous answer but i think the project registry and kind of building
this out for the arbitrum ecosystem is going to pay a lot of dividends for some of the work that
plurality labs has been doing and kind of like vetting good grant program but um i'd love to hear
you know someone who's like um still getting still uh entering and getting into the arbitrum ecosystem
i'd love to hear from joe how this is um and something what are some of the opportunities i
guess uh for for the for this bounty yeah i think um you know that consistency uh across like
different grant programs is very interesting for example one of the things we did right away with um
plurality labs on a you know right when we got our grant from arbitrum there was a grant program that
was also approved from questbook and they use a model they call delegated domain authority
to give direct grants and it's a cool model and their software works pretty well to uh you know
make that experience uh good for all the stakeholders in that experience right but it's
one mechanism you know it's kind of like gitcoin before was just quadratic funding and uh
they were asked by a delegate one of those hard questions you know like if something was to go
wrong what would it be um and their answer was well we could have problems sourcing enough uh quality
grants over the six months to be able to allocate and so what we did was we partnered with them and
talked about the domains they had found and selected and then we ran around actually we did it in two
rounds we kind of put a hundred thousand dollars towards it and said why would we decide how to
split it let's use quadratic funding to allocate how much goes to each of their four domains that
they're giving grants in so we did that first and then ran four quadratic funding rounds and it was
sourcing a bunch of grants in each of those domains so the domains on average got like 15
new grants that now questbook knows about and whoever is the domain authority that was elected
you know if they get two three four months into the program and they feel like they haven't sourced
enough on their own now they have 15 more projects to look at and they can see how they're doing a
few months later right and uh this is how grant programs can be complementary to each other using
different things to me a thing in this um bounty that could be really interesting is like okay now i want
to evaluate that data and review it like what are the like etl tools like uh extract transform and load
uh data tools to make sure we're bringing things into uh allo protocol or what is the integration
required for the ui that they use um are there ui things that you know could help make the processes
of doing that uh accessible to the person in the persona of a likely like round manager you know a
likely round manager isn't necessarily technical and there's a few steps they need to take to get that
data all collated and together um so those are the things that i'm thinking about right here with
this bounty that's cool i'll echo the like review piece that's always a really hard
both like reviewing in advance of distributing a grant but then like maintaining that review after
the grant has been distributed that's like a it's a really hard part of any grant program and
would be a really cool thing to to work on and hack on uh as part of the project registry
yeah a couple more ideas for people in terms of the reviewing um you want to delineate the difference
of grant success and grantee success uh it's a nuance but it's very important because in the real
world like uh grants generally discount the need for impact right like in the real world usually if you
want impact that's measurable and kpi you hire somebody whether it's a service provider employee
but we happen to call all these things grants in web3 and it's kind of confusing um so uh in the
review part of this one data structure that you might provide would be imagine you're somebody in
the arbitrum ecosystem you come to our campaign page we call it thankarb.com it's where people in the
arbitrum ecosystem can find what's the information i need to know and what's like my civic duty this
week and we might ask them review 10 grants uh we found that there's a totally different data
structure and interface to saying things like did the grantee execute this what they promised to execute
because that was our fickle maybe they changed their priorities and they didn't use it so if you ask
about impact it's like no it had no impact but if you ask should this grantee get another grant
it's like yeah their reputation should be stellar you know um so there's other questions around that like
um some of them are to help assess one question or the other like impact would be a question of the grant
success rather than the grantee necessarily themselves and then there's other questions
that you can ask to a community or crowd that give you interesting data points for later on so things like
was there a consequence if this grant um did not perform and i think those types of questions both on
the projects when you have the community assess like is this project valuable and the grants if the grant
is valuable they create interesting data points that can be used later on and a lot of people don't
connect like a data point like that to later outcome but i think part of our intention is actually
incentivizing like minimum viable decentralization of the people who review the project so we can get
away from delegating authority to just one person or a council uh because those are both single points
of failure in your system you'd rather have like the community kind of randomly selected to review
things you know it's like how juries work um because you don't want like circles of influences fears to
perform even if they're not malicious any individual is closer to some people socially than others especially
when there's 600 000 token holders so involving more people into doing the review is a huge part of our goals
um amazing all right um so we've got one more challenge to discuss and uh that is the best review and
evaluation tool um why don't you tell us a little bit more about that oh also i forgot to mention this uh
just quick housekeeping note if anyone has any questions i'm not sure if we'll have time at the end
but um hopefully we will uh feel free to hit the chat as as we're uh discussing the challenges if
if y'all have any questions and uh we can run through those afterwards or i can point you in the right direction but
um that being said let's uh i'd love to hear about uh the last challenge so far uh which is um
on review and evaluation tools take it away we're just like lining these up we were just talking about
review and evaluation um so uh this this is a big this is a big piece there there are people within
gitcoin people outside of gitcoin people across the across the ecosystem we spend a lot of time reviewing
uh groups that receive funding uh from gitcoin and and from any other in any other source any good
grants program is going to have a review and sort of impact um process right uh for evaluating um
how what was the what was the impact of the funding um that was distributed uh this is kind of tying in
everything related to uh we were talking about with the first bounty around how capital gets allocated
who who's eligible to receive it etc and everything from that second bounty around the project registry we
can tie these together to actually look at what impact looks like um in the profile in the project
registry you get this profile with this with this unique address and so you can see all the funding
or all the all the pools that um have distributed funding to that project this helps you avoid someone
shopping around or just kind of like gaming the grant system but this also lets you measure uh the
impact that they're able to have there aren't tools for doing this uh a lot of it is manual it requires
sometimes literally just like interviewing people as a part of a uh a grantee a grant receiving
organization or project um sitting down on the phone and interviewing them to see how well they
use the funds or or where the where those funding went where that funding went excuse me um there are
a lot more interesting ways that we can do this because we're operating on this big you know global
supercomputer for for money uh i would love to see like something related to hyper certs here i think that
that would be really cool something related to attestations i think could be really cool but
what are some ways in which we can actually evaluate uh and review uh projects before they've received
funding after they've received funding or even on an ongoing basis right you could create something
that's kind of like if you're familiar with open startup right it's um this tool that some startups
will use to basically showcase like a live pnl something like an open startup for grantees would be
amazing for the arbitrum ecosystem like let me like go and look at this this grantees profile and see
where they've received funding from how much they've received funding what they've done with it where
they've where they've sent it or how they've how they've used it um because all this stuff is on chain
all this data is public we can we can track that kind of stuff and we can so we can do that kind of
stuff um and it's going to have a huge impact on on ecosystems like arbitrum just in terms of filtering
out bad projects and letting really good projects rise to the top that's the that's the challenge
again i'll um let others hop in on on why this what the impact here is on um the arbitrum ecosystem
joe oh sorry i i think uh i think i blended the last one in this one uh so so yeah there's
similarities you know it's like a data structure where there's like a project registry and then
there's like the the grants that end up being given out and like you you want to point to a
consistent data source because what we're really trying to do is have like a transparent and immutable
structure that we all say like this is the right data about the events that happened such that in a
decentralized way the community can all say okay we can see that you're using the data that's correct
and we don't know need to have an argument like is the data correct what we need to have the argument
about is what's the appropriate way to uh interpret that data so whether it's data about a grant a grantee
a project a funding strategy you know all of these you know we we can enable the pluralist mechanism to
make the market to make the market around like it becomes a system where it's like choose your own
algorithm like whoever is doing things that work for you you know you're gonna you're gonna participate
in that community or set of governance um so to arbitrum you know we want to run the experiments
to uh learn what best works for maintaining decentralization um you know the the mission
statement we derived from like 20 000 participants a few months ago uh in the dow it was cross validated
with like three different uh ways of interpreting the data and across like from the minnows to the middle
class to the whales and the delegates was admission statement of spearheading the evolution of
decentralized technology and governance you know so we think all these grants and uh experiments we're
running here with this hackathon should all be focused on doing that really like being at the cutting edge of
offering new options uh to find you know sticky solutions that will evolve uh better options for uh
distributing funds to your community fire and um lastly uh can we touch on what the uh i guess the prize
rankings i mean it's similar to um the previous one which it's a ten thousand dollar prize um and uh are
there any i mean in terms of developing the winning projects after the hackathon ends uh what opportunities
do builders have i guess i mean we explained with the first one um but uh yeah for for those last two
what um how can uh builders develop their projects yeah so for that first one you know there's the prize
pool and then there's also the second pool that we'll use to actually distribute grants into the ecosystem
using whatever it is that you build um the caveat there is like what you what you build you know and
it should this should be the case of the wins but it's got to be kind of production ready or ready for
ready for that kind of a um of a test run for these other ones these other two bounties we've got um
prize pools the they're both ten thousand dollars with a first place prize of five thousand second
place prize of three thousand third place prize of two thousand we don't have anything quite as specific
as like running around through them but um i joe i won't speak for joe but you know i would love to
support anybody building across any of these especially if you're if your goal is to build
something um that you know has life beyond the hackathon and and has a bigger impact beyond the the
hackathon i would love to chat with you about what that looks like and ways we can provide as you know as
the allo team ways we can provide support to you in in growing your your product um or whatever your
project is within the arbiterum ecosystem and and um actually seeing it get used uh you know the hackathons
are so much fun of course it's like fun to work on something for a short period of time it's fun to win
a win a bounty or a challenge it's also just a really great way of like beta testing or prototyping
an idea that you have and so if one of these challenges is inspiring you and and you want to
build something like use it as an opportunity to test out an idea that you have i think that's great
and then but if it works if it looks good you end up winning and you think you might have something
kind of big on your hands like i would love to support you in that same
amazing awesome so those were the three challenges i know we're running um a little close on time and
i do have uh just one more question but before we get to that uh just as a reminder for everyone uh who
has tuned in um submissions are now open for the alon arbitrum hackathon said this earlier but saying it
again uh and you can register on biddlebox uh if you go to app app.bittlebox.io uh or if you kind
of scroll a few slides down on the jumpatron you can find the uh packathon landing page there uh where
you can view each of the individual challenges um you can apply or you can register for the hackathon and
you'll be able to submit your project uh directly on biddlebox um another thing uh for those
who are looking to join a team or you are looking to find team members to collaborate with uh once you
do register for the hackathon um you will be given access to our uh alon arbitrum hackathon channel
on the discord biddlebox server and uh that also includes a uh find teammates thread uh where you can
uh discuss your skills or um your project ideas and uh it seems to be okay well there's a spam thing in
there so let me remove that one but um there seems to be uh quite a few folks in there that are looking
to team up so uh absolutely uh join the biddlebox server and um you can find your squad there uh my
last question is and i and i know that um zach you you've provided so many great uh resources and uh
and from what joe has mentioned uh the documentation is on point uh but uh throughout the hackathon um
if builders have any questions or if they need support uh how can they get in touch with y'all
yeah um i'll be in the i'll be in the discord channel you can ping me there um the other place
to reach out is just here on twitter and then i'm going to share one last one last tweet one last resource
here i've just posted it um below below the um the space here and that's the direct link to the
inspiration board that you mentioned earlier i think that's a great place to go and just like start to
get some insights and and some ideas and get those juices flowing for projects that you can build and
if anything jumps out to you please reach out to me here on twitter i would love to chat further
awesome um thank you so much uh also i i know well i'm we don't have anything confirmed but uh
could potentially have workshops or uh upcoming ama sessions yeah we'll we'll get to that but yeah stay
tuned yeah stay tuned for that and for an alleged awaki challenge maybe um that will be added uh but
um also uh for any builders out there if you have any questions for biddle box uh hit us up on twitter
or you can always hit us upon discord as well but um such a pleasure having y'all uh join us uh joe
zach and skinny jesus um and it's i will say it is always just so refreshing to collaborate on hackathons
with uh we'll get coiners get former get coiners get coin adjacent folks uh especially when the hackathon
is uh in the realm of advancing public goods and um yeah it's uh it's always a good one so yeah yeah
oh yeah i'm so excited to see what people build i'm so excited to just support people throughout this
hackathon i think it's going to be a ton of fun and just like keep the momentum going the arbitrary
ecosystem has been growing so quickly and it's been so awesome to see all the momentum and everything and
and i think this is going to be a um just another another part of that so just kind of like keep
keep all the exciting stuff happening yeah amazing um well with that being said it is now well 11 a.m
pacific time and uh happy friday everyone and thank you all for joining any any closing words or thoughts
from y'all happy biddling happily happy biddling reach out if i can help let's like let's go lfg lfg
gm yeah i saw you come off me with what you what you got to say homie uh yeah i just think it's a
really really really cool opportunity this hackathon in terms of the potential impact of grants funding
in this space is just so incredibly huge and uh uh i i actually been thinking about um makerdao has been
um talking about their end game and uh i'm thinking about any game for grants and um i think all of
these challenges challenges uh are kind of building towards our end game that is going to be more
accessible more more transparent and more easy to kind of allocate capital and it's just such an
opportunity opportunity and such a kind of solar punk future that we are a part of that it's it's
just so fun to play a small part in such a cool event like this amazing i know on and jonas it's um
just well kudos and it's it's super awesome to uh have you being on the biddlebox side uh organizing
this hackathon with the uh aloe and arbitram teams and plurl labs plurality lamps
but um but yeah because i i do know like you know as you're on the gitcoin dow side of things and um
previous to biddlebox and i know that uh these are things that uh you are very passionate about too so
um that being said everybody happy friday and uh we will catch you on discord on here and uh yeah lfg
lfg lfg for hosting all right thank you all right bye everybody see y'all bye
