You signed in with another tab or window. Reload to refresh your session.You signed out in another tab or window. Reload to refresh your session.You switched accounts on another tab or window. Reload to refresh your session.Dismiss alert
Understanding Pot Sizes
In traditional quadratic funding rounds like Gitcoin no matter what level you are at you apply for. Whether you are a startup repository vs Etherscan, generally you are pulling from the same pool of capital. Considering the quadratic funding is inherently a popularity contest, it is disheartening for smaller or less popular projects to be in the same funding rounds or "Pots" as more mature projects. Additionally every new gitcoin round their isn't a direct incentive like their is in Venture Capital for a public good that has shown growth + impact to access higher levels of funding. This why at PotLock we believed in tiered funding rounds, or Pots in which Round Managers aka Chefs allocate SBTs (Soul-Bound Toktnes) based on milestones and our attestation framework for impact to give access to higher levels of capital.
Pot Sizes
Dish - $10,000-$50,000
Meal - $50,000-$150,000
Buffet - $150,000-$500,000
Feast - $500,000-$1,000,000
Pots will be consisting of multiple patrons, meaning Patrons do not need to donate for the entire Pot Size.
The text was updated successfully, but these errors were encountered:
doesnt really make sense
https://docs.potlock.io/welcome-to-potlock/understanding-pots-funding-rounds#understanding-pot-sizes
Understanding Pot Sizes
In traditional quadratic funding rounds like Gitcoin no matter what level you are at you apply for. Whether you are a startup repository vs Etherscan, generally you are pulling from the same pool of capital. Considering the quadratic funding is inherently a popularity contest, it is disheartening for smaller or less popular projects to be in the same funding rounds or "Pots" as more mature projects. Additionally every new gitcoin round their isn't a direct incentive like their is in Venture Capital for a public good that has shown growth + impact to access higher levels of funding. This why at PotLock we believed in tiered funding rounds, or Pots in which Round Managers aka Chefs allocate SBTs (Soul-Bound Toktnes) based on milestones and our attestation framework for impact to give access to higher levels of capital.
Pot Sizes
Dish - $10,000-$50,000
Meal - $50,000-$150,000
Buffet - $150,000-$500,000
Feast - $500,000-$1,000,000
Pots will be consisting of multiple patrons, meaning Patrons do not need to donate for the entire Pot Size.
The text was updated successfully, but these errors were encountered: