Gitcoin Grants Beta Round Kickoff πŸ”₯

Recorded: April 25, 2023 Duration: 1:02:09

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GMGM! It is the start of another amazing grants round and I couldn't be more excited and sleep deprived and
And yeah, everything is perfect as best I can tell. Yeah, everything's going great. How many cups of coffee have you had so far today, John? I want to know.
I've had three double shots with presso and it's really not clear if that's actually helping but you know I'm my eyes are still open so that's a start you know I what was that like audio book I think it was that oh man I'm gonna totally I forget the guys name but you know I'm really
I was really disappointed to be able to do it. I'm totally going off on a weird tangent, but I reserved the right to go off on weird tangents today because I'm tired. Who am I kidding? I do it all the time anyway. Caffeine does not actually give you more energy. It just suppresses
your brain's understanding that it's tired, which that just upset me. All these years I thought caffeine was giving me superpowers. No, it's just helping me lie to myself about how tired I am. So yeah, there you go. Something to know about caffeine. That being said, most successful revolutions were cooked up in a coffee
shop. So I don't know, there must be something good about coffee. Colleen, how about you? How much coffee have you had today? I have had enough for all three of us, I think. Let me tell you, it's been a very coffee heavy last like five days. But I am just so happy to be up here now that everything has started
it. It's like this huge relief. And to know that, you know, we have this team that's like working to make this happen. We're a little frazzled, but this is the best part in my opinion. I just got off the solar punk guild Twitter space.
And I'm like, this is why we're doing it. This is what it's about. There was so much collaboration, so much encouraging each other. It was super cool. So I'm pretty psyched. I was kind of frazzled yesterday, but I am renewed at the moment. So I'm glad to be here and glad to see everyone that's here.
Amazing. Yeah, I have to say it is refreshing to hear you both so awakened like at the stoke. There definitely is something special about a grants round happening and like just being live. You know as much as it can be difficult and frustrating and all the things just like
like when it's actually happening, it's just amazing and magical. And I couldn't be any more thrilled to be part of this wild ride on this adventure with the two of you and also Matilda, who's now up on stage. Hey Matilda, how are you? Hey, good. I'm doing good. Yeah, I can definitely echo what all of you have said. It's been a sprint.
a huge team effort and I was super excited when we went live this morning. Well, for me it was my morning, nice and early. So yeah, but doing good and also pretty caffeinated, but coffee doesn't even give me energy anymore, it doesn't even trick my brain anymore.
I'm very sad to hear about caffeine not doing the trick for you anymore. I find that every odd numbered coffee doesn't really like it's the odd numbered ones that work and even numbered ones that don't. So you got to get past that second cup and to the third one.
People thought they were coming here for a space about get coin, but this is actually just an hour-long conversation about coffee and caffeine consumption. I don't know if you guys know what you signed up for, but here we are. Literally, I'm going to make myself another cup of coffee momentarily because I think that might help.
So we should probably give some quick updates about what's going on with the round. When we do that, I'll kick us off and then any of you if you want to add anything, please feel free to jump in. Thank you for being here to all Rep the GIT coin team. It takes a bunch of us to make this all happen and it's just great having more of the
team here. It's great. So as you know, the round just got started today at noon UTC, which was what like 8 a.m. Eastern Standard Time. We, as you probably all know, have five core rounds and eight featured rounds. There's also the DI bonus
around which we can explain in a bit more detail, the review process for all of those rounds is largely completed. There was, as you've heard, a marathon of reviewing that happened. The reason why we needed to have a cut off on the 21st was so that we could do a lot of reviewing of the close
1000 grantees I think that we have right now in the round. You know with a team of people looking carefully at every single one of those and having multiple people weigh in on every single one. There are some cases where a project may have been either not approved yet or rejected because of the information that's missed
thing, us just not able to verify that somebody actually is who they say they are. Later today, there will be an email going out that gives a little bit more information to everybody who is approved and reminds them where to find that portal that I keep talking about amongst other things as well as an email that goes out to anybody who has not been approved for
any reason. And you will also have a form that you can fill out if you want to share more information with us that you think might in some way affect the decision that was made about your grant. So it's not really a formal appeal process, so to speak, but an opportunity to put more information in front of us and
to start a dialogue, like basically create a ticket for us to have a conversation about what the status of that grant was. We will also do as best we can to reach out to as many grantees as we can directly, just to like, you know, proactively have those conversations. It's very difficult to do that at scale, but you know, we definitely make an
effort to try to do this as personal away as possible. I for one am thrilled that we've gotten to a place where we actually have the majority, like pretty much all of the grant reviews done before the round starts for anybody who remembers GR15 or before. Sometimes people would be in limbo, like, you know, halfway through the grants
Brown still waiting to find out if they were approved or not. I think we are taking some big steps away from that and that's largely thanks to the work of Colleen and John and a bunch of other people on the team, Karen and Connor in particular and Alex and so many other amazing people. I want to give a special shout out to the climate team who not only did the
reviews for the climate round, but also helped out a bunch with a bunch of other rounds, in particular the Web 3 community round, but many of those folks who have been involved in various rounds and have a bunch of experience doing reviews now, put in some extra effort and jumped in head first.
Really, the things that people need to know right now are, you know, you should go and get your passport stamps. You should encourage your community to do so. You'll notice that there's some really nifty updates to passport. You can now approve basically all of your on-chain wallet-related stamps in one click without gas fees, which
is pretty amazing. If you're a Web 3 native person, quote unquote, like if you've got some NFTs in your wallet and PoApps and you hold some ETH, it's quite likely you'll just do one click on Passport and that'll be all you have to do. Also, we've tried to make it easier for anybody who isn't Web 3 native,
doesn't already have a bunch of stuff in their wallet to get approved as a matching fund contributor. So if you go to a passport and you don't have a high enough trust score over 15, you'll see it's 15 out of 100 is the the trust score that you need to qualify for matching. If you attach, you know, a few
of your legacy web tools like Gmail or Twitter or LinkedIn, those kind of things, that should get you a high enough score that you're able to contribute as well. So to me, that was a big step in the right direction from the last round where it was pretty tough to get a high enough matching score if you weren't Web
native. But yeah, so now that is where we're at. All that being said, is there anything I missed? Anything else that you guys want to add? I'm talking very quickly as if I drank a lot of coffee. What's on your mind, guys? Is there anything else that you want to make sure people hear before we start opening up to questions and comments?
Um, let's see, I was just thinking Ben, I don't know if this is the best place for it, but just reminding people to update their passport and that we have some new videos on the
the grantee portal that explain how to update and how to do a new passport. They're quick and easy and just short walkthroughs.
love that. And I'll also say that Big Showed Out to our friend Carlos from Web 3 Beach who not only helped with a bunch of reviews, but also first thing this morning made a loom video about how to donate. And I have to say a lot of the time the user generated content is like my favorite content as much as
I think we make some helpful stuff and huge shout out to Colleen for the loom videos that she created to help people with creating their grant and applying to the round. In terms of the video that Carlos produced, you know, made me laugh, made me smile, I wanted to share it with people. I'll try to make sure that that is
link is floating around in this thread too so you can see it. But okay, so we've got some people requesting to come up on stage. One last chance, Matilda or John, anything you want to add, all good if not, just don't want to eat up all the oxygen here. Matilda, jump in. Yeah, I think just from my side just
Just to remind people, yeah, thank you so much, Carlos, for that video. It's super, super helpful. We'll be putting out more guides and we'll be sharing the videos as well on how to donate. I think the biggest thing just to remember is that you can donate to multiple projects within a round, but then after you've done
that just return to the grinds.getcoin.co site and then go through that process again per round. So yeah, that's just one of the things to remember at this point and also just let everyone in your community know about that. Fabulous and thank you for bringing
that up, Matilda. It's also worth just pointing out because people have asked about this, that all of the rounds are on ETH mainnet. If you'd will see that there's a drop down menu to choose between optimism or ether phantom, unfortunately you can only actually donate on
ETH main net for this round. We know gas fees are high, you know, definitely trying to time it so that you're, you know, not putting your transaction through it kind of the busiest times of day makes a difference. You know, we are working on like other L2 solutions and, you know, a variety of other approaches. There's some tools that we've been talking
to that are worth exploring in terms of how it could help reduce gas fees. But unfortunately that's just the situation we're in right now. Also worth remembering that you can't donate to more than one round simultaneously. Each one of the different rounds, like the climb around or the desiround or the Web3 community round, they're all
separate smart contracts and each one of them is independent from each other. We are running them all concurrently, but there isn't a way to like check out in multiple rounds at the same time. And if you give to a grantee in one round that doesn't apply to their matching, if they're also in another round. So let's say, you know, a grantee that you support is in the WebThru community round, they're also in the medical#
crisis round, you would have to donate to them in both of those rounds to have it count towards the matching fund for each of those individual rounds. Which we know is kind of a suboptimal situation. It was part of the reason why we said that you couldn't be in more than one core round at the same time. The featured rounds are kind of off, you know, making their own rules.
It's decentralized and being run at arms length, each of those featured rounds. So they have their own structure. But yeah, just so you know that that's an important reminder. Just in case anybody is trying to support their favorite project and wants to support them in more than one round, you'll have to actually donate to them in two different rounds. OK.
So we have a bunch of people I think who have requested to come up on stage. I think what we should do is start with questions or comments and then get into showing. A little bit of showing is okay, but let's make sure that we get through questions just because we are on the very first day. There's going to be tons and tons of time for showing, lots of shill spaces, hopefully
we can do some today. But just for starters, let's make sure that any questions people have are being answered. If your question is about your project and specific and why it wasn't approved, I'm not sure we're going to be able to like, meaningfully answer that for you on this call. We can definitely talk and broad strokes about the kind of overarching
reasons why projects are approved or not, but we won't have all the information about each individual project and why it was approved or not. Right now, that being said, we'll definitely talk about how to get a resolution for you. Okay, so, Nesan, how are you? How's it going? What's on your mind? Things are good, things are good, yeah, thanks for having me open, thanks for all the hard
work and my harassing you guys and telegram to review my project and whatnot. Thank you for being so patient. I appreciate it. Yeah, just really happy to get it long. She got it onto the community and education round. And I guess like one of the things I'm kind of curious about is like, you know, a big part of our following is Ian
Web 3, but also there's a decent number of supporters and community members who are kind of like Web 2, but are interested in what we're doing and people who are interested in donating. And I appreciate it was Alberto who made that loom video, but I guess any tips or any advice on bringing Web 2 people into the Gitcoin community
and helping them, kind of assisting them and making them feel comfortable making donations and all that kind of stuff. Where I know, and I think everybody here knows that it's a very safe and reputable platform. And I guess I'm kind of curious, what do you say to absolute newbies or people in Web2 who really know not about this space, but what I contribute?
I'm trying to fight the urge to make jokes. What do I, I wish them good luck. I, you know, give them, you know, some, like a, I don't know, a Bible and some salt. No, I don't know. Truth be told is we host
office hours, we do a lot of things to try to support grantees. I see John you're trying to come off mute to answer this question in a more serious way. Maybe I'll I'll I'll let you answer in a more serious way and then I'll I'll jump back in. No, you know, I mean you gotta hand out the free swag and wish them well here in this crazy crazy
Web 2 World. But, you know, all sorts of jokes aside, you know, I really want to come off mute is really to say that I think Gitcoin is an amazing way to onboard people into Web 3 in crypto. You know, there's so many other ways that you could tell a friend to go buy some
So, you know, token that, you know, is on its way to the moon today and worth nothing tomorrow. They have a terrible experience. They are mad at you. They don't talk to you with the Thanksgiving dinner table anymore, etc., etc. Where instead you could onboard them into get coin and say, "Hey, I've got this
project and I'm working on it and we have this grant funding and you can give them the short quadratic funding spiel about how they can, you know, you can walk them through it but if they could donate five bucks to your project that that could result in a much larger donation to your project and how much it's going to benefit you, they
appreciate you, they want to support you anyway. And so they're like, this seems like a plan above it. I'll do it. And so I think that, you know, it's not always easy to onboard people in the crypto, but it is a way that they both see like that it's possible. They get the experience of making a couple transactions, you know,
And at the end of the day, they see you succeed. And so I think they have that first experience in this crazy world being a good one. And so I think that, you know, there's a lot of value in
in onboarding people during the grants round to support your project and others. I hope that sort of answers your question, but I don't know if it was more on the mechanics of how or why you might want to do that, but that's my thoughts.
I think those are great thoughts. Sorry, go ahead, Nishtan.ith. Sure, that's super helpful. I think it's like explaining the quadratic funding piece to people is like, I think depending on the audience, if I'm speaking to an engineering colleague or I'm speaking to a family relative,
explaining quadratic functions about not the conversation can go one way or another but that's definitely a good point to like harp on and I have found that useful in speaking to a few people so I appreciate you appreciate you bringing that up and then I didn't think about the kind of like onboarding people to web 3 and this being kind of like a welcoming kind of a safe space for them to come in like that's that's
That's a really cool way to think about it. I think that gives me a little bit more confidence to approach people as well who are kind of like, oh no, like crypto, it's all a scam or oh no, Metamass, what the hell is this? So yeah, appreciate that. Thanks, John. And thanks, Ben, for the jokes as well. I appreciate that too. I'm glad they're helpful. You know, definitely helps me#
to keep laughing through everything. The one thing I would add is just don't be shy about hosting your own event or inviting people to other events. If you check out the community portal, I'll keep giving shout outs to the portal. You'll see some events with people that are actually just entirely focused on our
I think we're going to continue to do office hours type sessions too, where we try to be a little bit more hands-on supportive with people who are relatively new to this space. And I think it's important to remember too that even if you've had a wallet for a while, you're somebody who's got some NFTs or plays with DeFi protocols, that doesn't mean nest
necessarily you're going to perfectly understand how to navigate Bitcoin or how to work within our protocol and our infrastructure. I think there's a learning curve for everybody with every piece of software and I think we all just need to be comfortable asking questions and feeling stupid sometimes.
So please don't hesitate to ask questions even if they seem like silly questions and don't feel shy about hosting spaces even if you don't feel like you have all the answers. Even just uncovering what the problems are is super helpful. Our product is in beta. All the feedback is super appreciated. Makes a huge big difference to all of us on our team and our DAO.
And please use the Intercom tool, which is the chat box that you see in the bottom right hand corner of the screen on any of the pages in the builder or explorer, like when you go to donate or even when you're setting up a grant, all of that goes directly to our developer team and they really keep track of all the different bugs that are
reported or questions or confusion that people have. And hopefully it continues to mean that the product gets better and iterated upon and gets closer and closer to the experience that's optimal for everybody. I think we really are trying to build in public and that's why you see us put stuff out in the world that isn't always like
perfect and fully finished, but the intention is that we're co-creating this product together and trying to kind of create a community experience that really works for everybody and get capital out the door for projects that need it sooner rather than later. So we've got some other folks trying to come up on stage. Let's see who is next, who is next.
I think Luneco, you guys were hanging out waiting.
And we got a thinner dow.
How are things looking from the lunar station?
Oh, sorry, I'm just going to switch to the connection. Can you hear me now?
It's okay, I understand why Fy and the Moon can be difficult. Yeah, thanks. Thanks for mentioning. Yeah, look, I've been on a kid coin since the JR-15 and actually on JR-15. There was a nice UX experience for donors. Basically, when people donated, they were able
to see like you know guys your donation of one dollar or would give a project one hundred dollar and that was really engaging for the community like a lot of my friends didn't believe that it works and I said hey you know you can donate me one dollar and like you know I guess from the far
So it was really engaging and not around unfortunately it was missing but you've made a huge success since I've around. Bitcoin road looks much better, it's much more stable so all the folks who don't like Bitcoin and things are better on site so I just want to remind
that guys there is no alternative. My main question actually and I've seen in the new design that you have fields for the data so will it work this time or we have to wait for the actual launch of the platform until we will be able to see those amazing numbers.
I love your question. I couldn't agree more that the matching fund estimate was kind of the secret sauce, the magic something that made Bitcoin grant rounds, like not just a cool grant program, but like something special. And definitely it's one thing that's being worked on. We actually on the back end now,
as grant-round operators have a little bit of visibility into kind of current matching estimates and I think we'll probably share some of those snapshots throughout the round. The entire sort of matching estimate infrastructure was pretty fundamentally reworked. You may not have been fully aware of this but there were some
issues with the way that the estimates worked, like basically went around, got to what we call saturation, like basically where all the funds had been allocated, the matching estimates were just not as accurate as they should over could have been. So it's taken a fair amount of thought to like figure out how to improve upon that, and I don't think we've got it completely nailed yet.
So, you know, the intention for the team is that we really get that perfect before sort of relaunching those matching estimates. But I think we should be doubling and tripling down on like displaying that for grantees and for supporters because it really is magical to see, you know, the money that you're putting in being matched
by so much additional funding. It's worth saying that I think sometimes people think that that is just like kind of some sort of crypto magic that like that money is just coming out of thin air. That is not the case. Like that is money that was raised from matching fund partners. Our partnerships team, Azeem and Juana and Maxwell.
and everybody who plays a role in helping to raise money for our rounds, it's a big job to go ahead and raise all that money. And then basically we just raise it and give it all away every quarter. So really all of our matching fund partners are just trusting the wisdom of the crowd. The whole idea is that we're harnessing
all the opinions and perspectives of community members to help them determine how to allocate funding. So I just for anybody who's listening who doesn't fundamentally understand that, that's really what's happening under the hood is. We just have a whole bunch of money that gets donated like 1.25 million for the bait around just for the core rounds and I'm not even sure
what the total is for the future grounds. That's how decentralized we are now is I don't even have a total number for you. Maybe we could add it up while we're talking. But you know, the long story short is that like that, that's, that's the reason why that's missing. I think the other thing you're asking though, if I'm not mistaken, was you were asking about the total
I was hoping that we would see that during this round. I'll poke at our developer co-worker friends because I was my understanding that you would actually see that soon. But I did just notice this morning that when I made a
donation to test functionality that I didn't see show up. I do know that our friend and colleague Umar is working on another dashboard a little bit better than the one that you saw on Dune in the Alpharound that's going to have up-to-date information. I was actually just looking at it this morning so it's pretty close to being ready to go live.
If nothing else, there will be those dashboards where you'll be able to see how much you and others in the round have raised and look at one round compared to another and all that good stuff. So worst case scenario, you'll have that. Hopefully it'll actually show up directly on your page during the round, but I'll have to get back to you after talking to coworkers about that.
Thanks. Thank you so much and huge shout out to all the sponsors who made all the rounds possible. Yeah, absolutely. We should definitely do more to communicate about all those nothing fun partners because they're awesome. There will be more comms coming out and I think we have a banner
I'm not sure if I'm lying right now, but I'm pretty sure we've got a banner that's up in live on the landing page that has a list of all the matching fund partners. But especially in the midst of this bear market, it's been harder than ever to fundraise recently.
amazing to see projects continuing to give to these matching funds to help support projects as well as all the individual donors. I can tell you I've seen a lot of donations coming in already just since it went live this morning and that little dashboard I got a peek at this morning. So looking forward to sharing that with you and I'm sure we'll have updates on the amounts
and all that coming very soon. Yeah, that banner is actually going up within the next half an hour. Our amazing designer who's been working on everything has had a hell of a lot on his plate this week. So yeah, that's going up and we're going to be doing lots to highlight all the amazing
amazing funders 100% always try and do as much as we can for them. So yeah, it's been really, really great to see all of this even in a Bay market. So yeah, keep an eye out for on our landing page at grunts.getcoin.co. I love it. And no pressure. Sorry,
like put you on the spot there Matilda, where is that banner? I'm here for it. I love it. Well speaking of things I love I have to say every time you say "y'ah" and you're South African accent I freaking love it. I'm sure people hear my Canadian accent and also it sounds
like a little different to them, but I'm totally here for all the accents that show up on these spaces. It just makes the international reality of get going grants friends that much more real. Speaking of international, hello, Carlos. How are you? How are things a little personal?
other south than where I am in canadian right now. GMGF I think your accent is so exotic you know I really love it. So I do have questions. Okay so if I contribute on the beta round how do I get my pull up?
That's I don't know maybe too soon. I don't know. So I guess. I guess. Let's get the next answer. I you might come back later. No pull up. No pull up.
Okay, so will there be hyper-serts this round? Yes, my understanding is that the hyper-serts that have already been issued will continue to be an effect and basically if anybody who hasn't claimed a hyper-sert yet from the alpha round if you were a grantee or a donor, those hyper-serts
are available. I forget the website. Does anybody have it off the top of their head? It's like hypersurps.com or hypersurps.com. I'm always cautious about saying it because I don't want to be wrong and tell you some phishing site that somebody set up to drain your wallet or something.
But yeah, my understanding from talking to the hypersurge team is that this is going to be an ongoing thing round over round that basically as grantees continue to be in multiple rounds and their donors continue to give over multiple rounds. You will see your
percentage of that hyper-sert for that project that you support and all the projects that you support continuing to go up, round, over, round depending on your activity and the activity of others. So it should be an interesting thing to track and definitely a very cool primitive, so to speak, or a protocol that I
see all kinds of potential for how that kind of continues to get built out. But simple and through your question is yes. And, you know, I would say also that I know that many of the projects in the Alfa Round have not yet actually minted their hypersur. And you need to mint your hypersur so that all your supporters actually will get that
percentage for their funding in the round associated with the round. So, you know, not only should you do it for your own project, but you should do it because all your supporters can't actually claim their portion of your hypersurid if you don't mint it. Okay, so, PoEPS, no hypersurids, yes. Got it. Okay, thank you.
That was my favorite intervention of the day. Today, Carlos, great to have you up. And thanks again for the Loom video. And maybe next time we're up, you should start showing about your project. In part because I just selfishly want to know what's going on with Web3B, I know all kinds of cool stuff's going on.
Okay, so, Devonch, I'm sorry, I'm probably totally wrecking your name. Welcome to the stage, what's on your mind? No, you actually said the name perfectly, it's Devonch. And I want to thank you all for the amazing effort you put in.
Even though I submitted after the like a deadline for guarantee review, I still managed to get approved before the round started. So really big shout out like all the work that you've done in getting in like in all the coffees that you've been drinking have really helped people like me who submitted after the 19 so thank you very much.
for that. That is cool to hear. I love hearing a good news story. Thank you for sharing that. So my question is like it's a little basic and a stupid question which is what you had asked for which is supposing a project has applied in the meta crisis round and say the Web 3 community round.
Do we need to tell our voters to vote for us in both rounds or is a vote in one round taken like you know also for the matching fund in the other round? Yeah, so unfortunately you need them to vote for your donate to you in both rounds. Each one of the rounds is technically
a totally separate smart contract. So as much as it's all happening during the same program, which is like basically our bundling of a bunch of rounds together into this kind of unified experience, unlike on the old centralized version of our platform, now those rounds are completely independent. There is talk
of building out something that would be more sort of federated, I guess would be one way to put it where you would have the ability to donate to somebody in one round and it would count towards a variety of matching pools. But that functionality has not been built on chain on our new version of the platform.
yet. So yeah, if you are in two rounds, your supporters would need to go and support you in more than one place, which can be a little bit confusing, can be a little bit frustrating, especially with gas fees and stuff. So definitely sort of timing how you do that and sort of being thought
about how you do it. I would also suggest kind of bundling transactions like if you're going to donate to a bunch of projects in the same round, better to do that all at once, and maybe do it at off hours in the evening, than trying to do a variety of transactions because that'll obviously cost you more.
Thanks for that. The second question is a follow up from Carlos, which is like at what time do we go about minting a hypersurge? Like do we do that now? What do we do at the end of the round? And are there any instructions for how we can do that?
If you go to the website, you'll see all the instructions from the previous round. The hyper-serts for this round, I'm assuming will be similar to the last round. Like if you weren't in the last round, it'll be at the end of the round that it'll be possible to mint those hyper-serts because all the data that goes into the distribution
of the hypersurps to the supporters is from the on-chain data of the support activity during the round. So basically, the calculations will need to be all final at the end of the round and then that will be what kind of gets included in the hypersurps calculation.
Is that an accent?
Yep, that clarifies all the questions. Thank you. Fabulous. Thanks for coming up. No such thing as a stupid question and I'm so glad to hear that you had a good experience getting into the realm. That makes it all feel worthwhile. Glad to hear it. Let's see. Who else had their hand up? I'm pretty sure we had
some other hands, but I'm actually not seeing anybody else requested right now. Maybe this is a chance for John to sing us a show tune or something. Do you got any tunes you feel like, John? Well, I don't think I have a show tune today, Ben. But it would have been amazing if I could have really just pulled one out.
Yeah, like a jigger like I don't know what what do they call those like that stuff that was going viral on TikTok for a while where everybody was singing old like Irish shanties or whatever Oh, yeah, yeah I Had to get off that TikTok, you know there. They you know apparently people are watching you on there. It's not safe
I saw a cartoon the other day that said I just got a notification through my Gmail that my Facebook ping-b to say that it was important for me to know that TikTok was following me which I thought was hilarious but I kind of just blotched with the joke. Just pretend it was amazing. It was hilarious. It was really
good. Yeah, I don't know. Apparently some folks are getting drugged when they leave the space. So sorry about that. Glad that everyone else is still here. But yeah, feel free to hop up if you have questions and if there's no more questions,
I guess we can take a few minutes to have some folks come up and maybe take 30 to 60 seconds and tell us about their projects or something like that. We could hop into that vibe, but I want to make sure we get our questions answered. One thing maybe for anybody now, and I mentioned it earlier, I'm getting
I'm guessing a vast majority of you have a grant in, but those that maybe did have any issues. One thing we are seeing is that, and I'll say this now, just so hopefully we all remember in the future that it is basically a two-step process that within the new protocol you create a grant and then
The second step of actually applying to one of the rounds, such as the climate round, the open source round, the DCI rounds, all the different rounds. But those are two separate processes of creating a grant and applying to rounds. The cool piece of that is that in the future, then we're going to start to see third parties
up get coin grant rounds in between our rounds and who knows when people are going to pop in there on the platform and you already have a grant ready basically that you can just submit to any open round anytime. Unfortunately we didn't do the best job of communicating that and we are talking to a lot of folks that miss that second step and so they created a grant
but did not apply to around. So I just wanted to kind of highlight that just as to put it out there, we'll continue to put it out there and hopefully do a little better with our UI and messaging in the future so that doesn't happen, but just to kind of have anybody out there that maybe has that question or had that issue a little better understanding of what might have happened there.
Thank you for bringing that up sir. That was definitely one of the more painful things about the last few days has been seeing the folks who thought that they'd have liked it around and hadn't. Frankly I think you know a big chunk of that is on us like as much as we did try to share as many times as we could it was kind of a confusing user experience especially if
you just went directly to builder, nothing would tell you they had to go to explore. If you came through our landing page, you would have seen a prompt that told you to go to explore and go to the second step. But definitely some big learnings for us on that. Colleen, I see your hand up and I know we've got a couple more speakers who have now met it up on stage. I'm not sure if that's what
I just wanted to have this great idea. I don't know if this is the right place to do it. One thing I was thinking is when you talk about your grant, another thing you can do is talk about another project that resonates with you. It's kind of like a two for one.
I saw this on another Twitter space. I thought it was kind of cool and it builds some collaboration. And I think all of us have other projects besides our own that are pretty cool. So just throwing that out, if anyone wants to do that, it's kind of a fun little way to build some more community.
I love that. I think we should do whole spaces where you can only show other people. I think that's a great idea. That being said, let's make sure if there's any questions or comments just about the first days. Let's get those covered first. But I see you up here, Misto Riefdow. I'm not sure if you were the next one up or
Phoenix cover. Bella, just jump up me so reef and then we'll go to Phoenix next. Okay, thank you. How is it going today? I think that today's a great day, but I really appreciate your help and support, especially for Ben and John and all
the geetcoin and geetcoiners that make this possible. Well, I'm, I'm Rodrigo Nunez, I'm the co-founder of the Messeridow. I will explain in six six seconds what is Messeridow about. Actually, I'm in the lab, sorry, do you hear voices on the background? These are my colleagues. But
Basically, Missouri, if that is a decentralized science, that aims to address the challenges facing the Missouri-Messamerican reef system, the second largest coral reef system globally, speaking, situating the Caribbean sea. The predicts is to create a sustainable and scalable solution to promote the conservation restoration of
as you may see, Missouri now aims to address these challenges by bringing together a network of stakeholders, including scientists, researchers, local communities and the O's and government entities to work collaborative collaboration
on the conservation and restoration of coral reefs. The DSI, DAO, will leverage blockchain technology and smart contracts to enable decentralized decision making and funding distribution, ensuring transparency and contrability in the process. We apply to the rounds of DSI meta crisis and
and climate solutions. So we really appreciate your support. And let's get engaged each other and collaborate. I think that is all for me. Thanks so much. So probably I would be on the on the listeners because I'm on the on my
traditional job. Actually, we have been working right now on the chronic ROT cell disease and we are planning some field trips to support our research and making connections. So I'm here and we are here basically.
Amazing. Love it. And thank you for sharing about your project and thank you for the important work that you're doing. I always love when people share a little slice of like where they are and what they're doing in the middle of the call. I didn't hear any background noise. I don't know if you can hear me making another pot of coffee right now. Maybe it'll start gurgling in a second, but that's my real life share there.#
The one thing I would say which I just think is always kind of a fun part of this. I'm not sure if you've met the folks behind Reef, Fide Out with two easelikas and a great, very Reef, Fide Out, but another interesting project that's doing work around
the protection of our important reef ecosystems, in their case in the Great Barrier Reef. A really interesting project, if you haven't met them already, would love to connect you guys, or you folks so that you've just got the ability to compare notes and talk and see what everybody's up to. I think we say
a lot that people come to get coin for the funding, but they stick around for the community. And one of the really neat things to see happen is some of that cross-pollination and, you know, sort of people getting to know each other and find ways to collaborate. So just wanted to throw that out in case you hadn't heard of them or come across them yet.
We were talking about a year ago and that's why I was doing my master's degree at that time. So I was quite busy to deal with the proposal of the GIT coin at that time. But New Atlanta and
Re-fi or Re-fi. The one that is working on the great barrier are really good initiatives. That's why I encourage a little to make the fourth to make a web or decentralized coordination.
and this bowl of the Americas. So yeah, probably we will get in touch. Actually, we are talking with Trević. Probably is here on the listeners. But yeah, we will try to create a coordination
The fourth in this region because there are many traditional situations with the fundings and are related with communication or many conservation initiatives that are working and are quite isolated and we basically need support to grow
with what the tools are. Our mission is to create a more transparent way to deal with all those situations with the conservation approach. So thank you so much. Love it. Well, please do me one favor. Give a high five to somebody else in your lab.
for all of us. Okay, Phoenix, you've been waiting up here patiently. What's on your mind? Thanks guys, yeah, and firstly thanks for organizing this. I was just saying to a couple of the other applicants that I don't think any grant givers have come across have gone out of their way to make people feel
So welcome and answering their questions going out their way to make sure everyone has a question about how trivial gets addressed. So thank you guys for being such an engaging community. So yeah, I just thought I'd give people a little introduction on what we do at Phoenix. So we ensure people's
it against malicious smart contracts, so that's wallet drainers. If you were to be holding our policy and your wallet got drained during a scam, we would pay up to $100,000. That's the maximum policy coverage you can get. And that's really inspired by the fact that between 2018
and now about $6 million was lost to scams and crypto and I'd say it's probably the number one obstacle to mass adoption of blockchain that we all hoped would be here by now. So yeah, and if anyone would like to find out more about how our insurance works, get in touch with our actuary or our CTX
video, you can do so at the link to our grant application on our tiny URL. That's in our bio on Twitter. And we'd be happy to answer any questions either now or in weeks from now. Where have you been all my life? That's my question.
I'm super curious to hear more. We should probably make sure everybody has a chance to come up because we do have a bunch of hands now. >> Cool. >> Yeah. >> Please do come to future shill spaces then too and talk more about your project because I do think there'll be a lot of people who are curious to understand better exactly how this works and what would be included or not.
I'm fighting the urge to take us on various tangents to ask you questions about specific use cases, but I'll definitely go check out your link and looking forward to learning more and talking some more. - No, yeah, thank you and excited to hear more from the others as well and feel free to ask up anytime. - Sounds good. Cheers. - Awesome, bye bye.
Urbanaca, what is up? How are you?
Hello hello urbanica is that I'm sorry I was writing a tweet doing a shadow to you But then I'll come back I dare you no I hear yeah that happens to be all the time I like click away to try to tweet something and then I can't like unmute cuz yeah phones are weird
Anyway, welcome to the stage. How are you? What's on your mind? Thanks. Thanks just well. I wasn't I will not write it. I will say it. Big shout out to you, Ben, to John, to Conlin who were very close to all of us grantees or during all this period and solving the questions the same questions may
many times and having a lot of patience. So thank you for that. Thank you for also the time that you took into reading all our projects and making sure that the projects that are participating are well curated so that we fund the things that matter, the things that are really
and we do not fall in the traps of people trying to gain the system and this is very important to say. Because in previous rounds we have seen some projects that didn't comply well with the criteria and several of us
and this is the way of helping each other. Besides that, I want to give some feedback because I helped some projects onboard to get going during this round and one of them did not manage to apply because
He thought that they applied but they didn't. So I think it was a mistake from my side, I'm from their side thinking that they could do it intuitively because they know about WebTree and so on. But even if we have years
in the ecosystem, sometimes little things messed up. So maybe my suggestion is that maybe next round we could have some groups of different people with more experience that we have been in several rounds helping other people.
But I think that it's important to have the recognition of Geetcoin, so to not let scammers enter the game and offer help and end up messing with people. So yeah, we are happy to help. We already help some people.
WebTreeVitch has helped many others and I think we could do this decentralized coordination for helping others with their questions, with their application and everything together and will be a pleasure to work with you.
I absolutely love that feedback. Genuinely, all feedback is appreciated. We're definitely aware that people got confused or lost during the process and the more that we can offer community support and help people know that the person they're getting support from is trustworthy. I think you make a really good point
there. The more that we can do that, the better. I do know that we've got a hard stop at the top of the hour and we've got a few more people who want to come up. I just want to flag that because I'm pretty sure we're going to have to shut this down pretty much right at the top of the hour, unfortunately. But Earth-based soul, how are you? What's
on your mind? I'm doing very well and yeah I'm so happy that Gidken Grant started again and I'm here to just to shield my project and my main project is called the solar pan nomads and we are developing solar pan nomadism and we have
building up a community of nomadic changemaker and this is our fourth round and we are in the climate solution. I'm also co-founder of the Capital Project. One is called the Impact Academy in the Web Tree Community and Education. It's our first time after the reboot.
And I'm also a co-founder since I'm a professional co-founder actually. I'm also the co-founder of Sullivan Guild. It is a networking project and we do spaces, we do networking and support. We are supporting many builders in this space and we are organizing
A couple of interesting things that will be in one marathon, 24 hour marathon on May 8th. And we are also preparing a Gitcon community radio, sort of a tsunami of Twitter spaces that will go on 24/7 starting from the 27th. And that's it, back to you.
I love it. Very efficient, sir. And thank you for Marco, he's fabulous. Another person who did a ton of work helping with this round and, you know, a pretty sure relative of yours. So thank you to the solar punk nomads and everybody
in the community who gets involved. I would say one thing that I think is exciting is just how we're able to further decentralize the review process. I think we're going to take more and more steps in that regard to incorporate more and more community members. All righty, just with the featured rounds, we're seeing whole separate review teams totally out
of get coin running their own rounds concurrent in the middle of the program. And within the program itself, we've also brought in a lot of new reviewers to help support the review process, you know, who were involved in supporting one round or another before and are now taking steps further. If you're interested in running your own round in the future,
Or just getting more involved in the process. There are some ways to help support other rounds and sort of get some experience. We've got this thing called the grant round operator's guild, which is increasingly becoming an important part of the GICOIN social technical ecosystem, I guess you could say. Anyway, I should stop talking so that...
Our friends from Data Latte get a final word before we run out of time here. Hey, Data Latte, how are you? Yeah, thanks a lot Ben. Hi, good to go in and hi everyone. Thanks for the time that I have to share within one minute here. So basically I'm here from Berlin, founder of Data Latte in Data Latte,
Basically, it is a decentralized application with one goal and that is to earn money for people for their own data. And we know the fact that our data is being cultivated and used by big tech companies. Nowadays, they're selling it for AI companies to train on it, but we're not getting really paid for any of it.
And what we do at Data Latte, we anonymize, tokenize and monetize your personal data and put it on a decentralized marketplace from Ocean Protocol and sell it to researchers to build upon. And what we do at the moment that you can start earning from your data is you can come to our dashboard.
There are some surveys you can take part, you can earn tokens, you can earn reputation tokens, data tokens that are your ownership in the pool of data. And in the coming days we are releasing a survey, specifically designed
for Gitcoin community to get some insights into the community and publish it for the community. And there will be also bounties in GTC tokens, in data tokens and so on. And we would love to later on to share this link with everybody to take part.
And thanks a lot for the time. That was very smooth, smooth as butter, sir. I enjoyed that very much. That was like the bullet coffee of data latte pitching. I'm always impressed with how good everybody is at telling their story. I think these kind of spaces are
fabulous for that kind of thing. With the no minutes that we have left, any final like one or two words from any of the other get-coiners we got up on stage, just the mine will be good luck to everybody with the bait around anything anybody else wants to throw it just before we log off.
Going once, going twice, going three times.
All right, so I guess we'll call it a day. Thank you for being part of the Kikoyne grants bait around kickoff call. You know, if you think people might find the information from today useful, please don't hesitate to share it with others in your community. There's going to be a whole
a lot of these. I'll remind you one last time to go check out the grantee portal where you'll find event listings and all kinds of helpful hints and suggestions about how to help people donate, onboard people, marketing tips, all kinds of fun stuff. Again, big shout out to Colleen and Matilda
and John and everybody who worked on all those pieces. If you requested to get up on stage and didn't make it up today, sorry about that. Definitely check out the variety of other opportunities that are floating around out there. There'll be a bunch more spaces hosted by us as well as a whole bunch more by some interesting exciting partners.
look at the one that I'm doing today at five o'clock with a group called Culture City. That one should be fun. Andrew Yang and others joining. Yeah, with all that said, thank you for your time. Good afternoon. Good evening. Good night. Good morning. Wherever you might be. Much love. Talk to you soon. Best of luck in the round.
Thank you very much. Have a nice one.

FAQ on Gitcoin Grants Beta Round Kickoff πŸ”₯ | Twitter Space Recording

What is the grants round all about?
The grants round is the start of another amazing event where grantees receive funding for their projects.
How many cups of coffee has John had so far?
John has had three double shots with presso so far.
What did John learn about caffeine that upset him?
John learned that caffeine does not actually give you more energy, it just suppresses your brain's understanding that it's tired.
What is the di bonus round?
The di bonus round is a round that will be explained in a bit more detail.
What is the purpose of the email going out to approved grantees?
The email is meant to give more information to approved grantees and remind them where to find the portal, among other things.
What is the purpose of the email going out to rejected grantees?
The email is meant to give those who have been rejected a chance to fill out a form and share more information with the grants team.
What is the passport and why is it important?
Passport is a platform that tracks a user's contributions to different projects and funds. It is important for grantees to get their passport stamps and for contributors to have a high enough trust score to contribute.
What updates have been made to passport for this round?
Users can now approve all of their on-chain wallet-related stamps in one click without gas fees.
What is the trust score that contributors need to meet in order to contribute?
Contributors need to have a trust score of at least 15 out of 100 to qualify for matching.
How can users increase their trust score on passport?
If users attach their legacy web tools like Gmail or Twitter, they can increase their trust score on passport.