Impact on Optimism Episode 5 - Optimizing Impact Evaluation of Web3 Public Goods, ft. LauNaMu of Metrics Garden

How can we leverage crypto rails to develop reliable onchain impact evaluation mechanisms? 🤔

For the fifth and final episode of the Impact on Optimism series, we’re excited to welcome LauNaMu of Metrics Garden, a project aiming to become the one-stop hub for Impact Evaluation in Web3. We dive into the challenges of impact evaluation for public goods, and how Metrics Garden leverages Ethereum Attestation Service & other blockchain tools to make onchain impact visible. We also discussed LauNaMu’s role in Optimism’s RetroPGF as a Badgeholder, and the partnership between Metrics Garden and Optimism to help badgeholders evaluate impact more effectively.

--Key Takeaways--

• Traditional public goods funding mechanisms can make it difficult for projects to achieve sustainability. Grants can be unreliable and funds can ebb and flow with economic conditions. It’s important to build consistent and reliable funding mechanisms that can help projects spend less time chasing grants, and more time building for long-term sustainability.
• Web3 is in the midst of a reckoning around the importance of data to support the allocation of public goods funding. One of the biggest challenges is coming up with reliable and consistent metrics for evaluation across diverse projects with different outcomes. Furthermore, most of the data used to evaluate projects to date is self-reported and difficult to verify. 
• Identity is extremely complex, and there is no single standard of what identity looks like in crypto ecosystems. Social graphs can help individuals navigate these complexities by connecting the dots between interactions across the ecosystem.

--Full shownotes with links available at--
https://www.cryptoaltruism.org/blog/crypto-altruism-podcast-impact-on-optimism-episode-5-optimizing-impact-evaluation-of-web3-public-goods-ft-launamu-of-metrics-garden



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--DISCLAIMER --
While we may discuss specific web3 projects or cryptocurrencies on this podcast, please do not take any of this as investment advice, and please make sure to do your own research on potential investment opportunities, or any opportunity, before making an investment. We host a variety of guests on this podcast with the sole purpose of highlighting the social impact use cases of this technology. That being said, Crypto Altruism does not endorse any of these projects, and we recognize that, since this is an emerging sector, some may be operating in regulatory grey areas, and as such, we cannot confirm their legality in the jurisdictions in which they operate, especially as it pertains to decentralized finance protocols. So, before getting involved with any project, it’s important that you do your own research and confirm the legality of the project. More info at cryptoaltruism.org.