Background:
ETHBarcelona was the first Ethereum Conference held in Spain. The community believes that the grants round was the first-ever Europe-based round to focus exclusively on public goods. This unique setting allowed ETHBarcelona to draw attention to regionally-based, small and medium-sized projects that were working on Public Goods.
Further, it was a financially challenging time for impact projects. There are many notable crises across the world combined with the ‘crypto winter’. Social and climate impact funding was difficult to secure in the economic environment. ETHBarcelona was committed to: Leadership in building and supporting the community of builders who ambitiously tackle a wide array of issues to benefit the wider society and make history doing it. For this grant round, $30,300 was allocated to projects working on Public Goods. The allocation of funds was determined by votes from participating ETHBarcelona NFTicket holders. Each ticket holder was allocated a basket of votes, and a total of 920 votes were cast across 27 projects.
Voting process:
Every ETHBarca’s event attendee’s ticket was an NFT. With this NFT, every participant had a basket of votes to vote for their favourite project working on Public Goods. Voters could also claim 0.1 matic to cover their gas fees from voting.
Event info:
- Event Date: July 6 - 8, 2022
- Event website | QF website
- Match fund size: $30,300 - 10K from EF - 10K from Status - 10.3K from ETHBCN ticket (5%)
- $200 gas fee from EF
- Event attendees: 2,000
- Approved project applications: 25 out of 34, +2 projects while voting period
- Voters: 57
- Emailed: 1,545 received, 826 opened, 150 clicked on links
Voting process:
- Online, Polygon
- ETHBCN ticket is NFT, org have wallet address from attendees
- Gave out 0.1 matic gas fees to all voters
Results recap
ETHBarcelona grant round saw a total distribution of $30,300: ETHBarcelona ticket sales contributed $10,300, the Ethereum Foundation matched $10,000 and Status.io matched with $10,000.
The round revealed to the community a wide array of uses of blockchain for building on Public Goods. The round saw grants in some familiar and important spaces: Delivering tokenized carbon removal and carbon credit measuring, reporting and verification (dMRV) (Senken, Gaia); support youth & families, youth learning, and one grant is youth-led (TECHO, Exit, Vicki Bernadet, DreamDAO, Njombe Innovation Academy It-Willbe); local support for Barcelona and its surroundings; regenerative finance and decentralized finance-for-good (ReFiDAO, Avano, PopcornDAO); Web3 sharing, encryption, governance and creator tools (Fileverse, DAOhaus, METSO, Readl);; and decentralized social impact (DoinGud).
The round also brought to light some emerging uses of blockchain: Lifelong food production (AgroForestDAO); access to dignified housing and innovation hubs (Cohere, Lamina POP, ASKASHA, Polis Parallela); research on DAOs, reward systems, distributed cognition (Impact DAO Research, RNDAO, WiseCrowds LS DAO); advocacy for humane Web3 legislation (Lobby3); and education, engagement and empowerment for marginalized communities (40AcresDAO, Liberadores).
The votes and distribution of funds were as follows:
Learnings
What went well: | Learnings: | |
Marketing | - Email marketing to get ticket holders to vote
- Activating social media channel ( twitter & Telegram) communities to inform them about this round
- Speaking about this round in the main stage during the event
- Speaker sharing info about this round during their talk on stage | - Lacking educational content: should share QFI related info to get attendees to vote and support.
- Speaking about the round on stage should be timed well. For this event, it was scheduled after the talk, just before lunchtime and so many attendees left for lunch.
- No direct link on main website to get traffic for QF subdomain
- No social media content before the in-person event to get awareness of attendees |
Onboarding | With NFT tickets, it was easier to airdrop gas fee and email out MACI key to ticket holders | 0.1 Matic might not be enough for voters to cast their votes multiple times |
MACI | Attendees who registered for their MACI keys need to have a good and stable internet connection, which may not always be available | |
KYC process for projects who got funded | A KYC process for projects is necessary before payout. This meant:
- an extra 2-3 weeks to collect data from projects before paying out
- extra legal fee for QF operators
Moving ahead, projects can be asked ahead of time for legal documents in order to speed up the payment process |