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# System prepended metadata

title: Quadratic Funding

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# **Quadratic Funding**


## 2023:

### What has been done:

Regional focus (modeled after Ecodev & EF prorities): 
- Latin America 
- Tried to expand to South East Asia (S.E.A.)



Mode of operation to date: 
* Top-down 


**Assets:**
* [Website](https://qfi.super.site/)
* [Twitter account](https://twitter.com/QFincubator) 

**Curious:**
Grow S.E.A.

**Challenge:**
S.E.A. doesn't have established communities the way Latin America now has after Devcon'22

This is an issue face by the organisation and not just QFI. For example, for the Run a Node Grants Round run by the ESP team, the team did not receive sufficient applications from South East Asia. 

![](https://hackmd.io/_uploads/rytMgi_ga.png)


![](https://hackmd.io/_uploads/SkDXgidga.png)



## QFI's impact on our ecosystem and world

**Ecosystem:**
* Helps fund ideas to kickstart many [new projects](https://qfi.super.site/case-studies/eth-argentina-23). 

* demonstrating "real world" use cases of Ethereum to the world

* dog-fooding the tech stack infrastructure (e.g. MACI) & operational processes in production environments so that we can further improve it & make it easier for others to use

* incentivizing more community organizers to run events & build ETH communities

**World:**
* Real-world impact on Public Goods (Eg. [Defi Argentina](https://www.defiargentina.org/en#about) helps feed vulnerable kids in Arg)




# Looking ahead - 2024:


## Vision:


**What do we want to change and improve?**

* Change the way we operate internally
*Collaborative, versus top - down quarterly planning*

* Involve community leads
*ETH Kipu for LatAM*


**What do we want to accomplish?**

**1. Education & awareness**
Increased global presence: Run rounds in EU 

**2.  Heightened presence in LatAM**

* Increased decentralisation & decision making
*Can we let ETH Kipu take on a collaborative role in choosing which communities to engage with?*

**3. Increased S.E.A. presence**
*No reliable community as of yet. ETH KL is reliable but doesn't have the bandwidth as of now.*

## **Metrics**

**1. 3x rounds in 2024**
      2023: 5 rounds
      2024: 12 rounds


**2. Increase voting participation:**

Experienced communities running a round: 15% 
(Based on 10.6% voting rate for ETH Dam)

First-timers: (Will use ETH Con's benchmark)