In today’s episode, QZ gives us a refreshing look at the ETH London conference, what the blockchain space is like in Singapore, and the quadratic funding mechanism of Clr.fund
Clr.fund has a permissionless quadratic funding tool, primarily focussed now on retroactive public goods funding, QZ discusses how it can also be leveraged to fund what specific communities want. This allows for a more forward looking funding tool that can be iterated on when a communities’ goals and needs change.
QZ talks about the nuances of grant funding, and how by nature grants are not designed to be sustainable and perpetual, so how do you create a perpetual funding process for impact and nonprofit work? Quadratic funding can be a tool to plug these gaps and democratize the grant funding process.
I especially loved a question QZ posed, "who are the agents that are playing the game, and what are they optimizing for." Corporations have a fiduciary responsibility to optimize for profit, thus we have a linear extractive economic model that has gotten us to where we are now.
QZ is a systems thinker, and got me noodling on a lot of profound mental models. I thoroughly enjoyed this conversation, I hope you do as well.
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