Trailblazers of Octant Episode 1 - Building a Sustainable Web3 Public Goods Funding Ecosystem with Octant

How is Octant revolutionizing Web3 public goods funding through decentralization, community governance, and innovative funding mechanisms? 🤔

For today’s episode, we’re excited to kick off a brand-new mini-series called Trailblazers of Octant, where we focus on the exciting, and rapidly growing public goods funding movement around the Octant Ecosystem.

For episode one of our new mini-series, Trailblazers of Octant, we welcome James Kiernan and Benjamin Siegel of Octant. We explore Octant’s vision for building a self-sustaining Web3 public goods funding ecosystem, their experiments in decentralized governance and engagement, and what makes Octant’s model so impactful, along with some spicy takes & fun stories.

--Key Takeaways--

•  “Public Goods” has become a popular term in Web3, but it is also a loaded term that is challenging to define. This has caused disagreements in the space around which types of projects are public goods and should receive funding as such. There needs to be a moment or redefining public goods where we can bring more clarity to what defines a public good.
• The current public goods funding ecosystem in Web3 is fragmented and complex. Users will often have to engage with a variety of tools, blockchains/L2s, and apps just to fund the projects they’re passionate about. It’s important that we, as a community, focus on building simple and accessible user interfaces that are both easy to use and fun!
• It is important to make the funding of public goods exciting and fun, as this will help drive long-term engagement and sustainability for the ecosystem.
• One of Octant’s exciting innovations is funding public goods from yield, not principle. This helps ensure long-term sustainability for funding programs.

--Full shownotes with links available at--
https://www.cryptoaltruism.org/blog/crypto-altruism-podcast-trailblazers-of-octant-episode-1-building-a-sustainable-web3-public-goods-funding-ecosystem-with-octant


Thank you to Octant for their support in bringing this series to life! We are honored to have received a 2.5 ETH grant through the Octant Community Fund!

🎙️ This podcast was recorded on Zencastr! Create your podcast today! #madeonzencastr

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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