James Waugh I Positive Incentives of RetroPGF I Fire Eyes I Pragma Sydney 2024

Wed, Oct 2, 2024, 12:00 AM

James Waugh from Fire Eyes discusses Retroactive Public Goods Funding (RetroPGF) at Pragma Sydney 2024, explaining how this innovative mechanism rewards contributors for past work in the crypto ecosystem. Learn how projects like Optimism, Filecoin, and Pocket Network are distributing millions in tokens to developers, artists, and community builders. The talk covers the evolution of grant systems, the network effects of RetroPGF, and how it creates positive incentives for ecosystem growth. Discover how you can participate in future funding rounds and why this model may revolutionize value distribution beyond crypto into real-world impact projects. 00:00 - Introduction to RetroPGF Funding 01:24 - Why RetroPGF Matters for Crypto Ecosystems 02:21 - Optimism's 8B+ in Crypto Grants Deployed 04:32 - Cardano's Grants Impact in Africa 05:29 - Comparing Gitcoin to Tron's Influencer Grants 05:58 - Solving RetroPGF's Cold Start Problem 06:52 - Public Goods vs Private Incentives 07:54 - How RetroPGF Creates Network Effects 08:48 - Fire Eyes' Role in Governance & Airdrops 09:43 - RetroPGF as Claimable Value 10:36 - Future of Multi-Protocol Rewards 11:31 - Crypto's Unique Incentive Models 12:50 - RetroPGF vs Traditional Corporate Structures 13:17 - Current RetroPGF Adopters 14:09 - Preventing Narrative Capture by "Lamer Protocols" 16:32 - Q1: Measuring Impact for Grants 19:17 - Q2: RetroPGF for Real-World Projects 21:13 - Closing: RetroPGF's Social Impact Potential _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 🇦🇺 *Pragma Sydney* The Sydney edition of Pragma took place at The View by Sydney in May 2024 with a curated series of high-quality talks that sparked thought and discussion. Ever since we first introduced our new event series, Pragma, in Tokyo in the spring of 2023, we have been fostering a curated, global community of individuals who deeply care about web3. Watch the full Pragma Sydney playlist here: https://youtube.com/playlist?list=PLXzKMXK2aHh7rvaHBM14peT1TwI3QX38p&si=MzGrEYwYjxSQFiFM ETHGlobal's Pragma series takes place in cities around the world, and is designed to be a different kind of event. Pragma is a one-stage conference with founders-only on stage, bringing together a small group of curated attendees and speakers to discuss the future of web3 and reflect on the past. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅ *Follow James Waugh* X: https://x.com/jwaup ✅ *Follow ETHGlobal* X: https://x.com/ETHGlobal​ Warpcast: https://warpcast.com/ethglobal Website: https://ethglobal.com YouTube: https://www.youtube.com/c/ETHGlobal _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _Are you interested in Ethereum development and entrepreneurship?_ 👉 Sign up for the next ETHGlobal event: https://ethglobal.com/events 🎁 Get exclusive access and perks with ETHGlobal Plus! https://ethglobal.com/plus 📣 Want us to throw an event in your city? Tell us where! https://ethglobal.com/city _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _