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HPGF Ecosystem Support Machine Proposal (Base)
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Learn More →Abstract:
The Ethereum Public Goods Ecosystem is in a stage of rapid expansion around the many variables of project funding. Responses to the provocation put forth by Optimism's retroactive funding infrastructure have proliferated in the direction of impact attestations, peer review networks, prospective funding and crowdfunding. If this concert of ambitious and internally complex initiatives is still in infant stage, its less a problem of mechanism design, and more one of mutual coherence: that is, how these tools fit together with each other, and how that coherence creates a story that can be told to a broader world of impact creators. Hyperactive Public Goods Funding (HPGF) is our name for a generative synthesis of this multiplicity of protocols, describing the emergent properties that arise when these siloed mechanisms - especially strategies of prospective and retroactive funding - are fused into a well-oiled, feedforward machine of sustainable impact.
If that synthesis has remained illusive, it is because those who have engaged these tools thus far are so high context - our hesitance as an ecosystem to bring our toolkit to non-web3 communities may well be what is holding us back from reaching the coherence to be available to them in the first place. The HPGF Ecosystem Support Machine (ESM) aims to address this tension, interlinking the scattered components of the Ethereum public goods ecosystem into a system that is legible, accessible, and valuable to those striving to make tangible real-world impact. Through a combination of facilitation, research, content generation, and community organizing, our goal is to coalesce these disparate systems into a virtuous cycle that empowers creators and innovators. For reasons outlined below, our first community of concentration in this effort is what we call the global investigative commons - that is, the journalists, researchers and data scientists that navigate the uncertain terrain of finding truth outside of the sanction of nation-states and private enterprise.
Overview
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Learn More →Hyperactive Public Goods Funding (HPGF) is a fusion of some of the most innovative elements of the public goods space. The flow finds synergy between prospective crowdfunding, impact tracking and evaluation, and the participatory retroactive public goods funding mechanisms developed by the Optimism community, fusing them by way of rigorous impact validation strategies and other open peer review processes. The goal of HPGF is to generate a virtuous cycle that, over time, will cohere enough to attract large pools of capital into the markets whose terminus is not profit extraction, but rather the judgment of impact by open process and participatory bodies interested in the flourishing of prosocial enterprises.
As it stands, this flow is only recently coming into shape. Because it's born from a concert of already complex and ambitious initiatives, the flow has a high risk of remaining inaccessible or even incoherent to the communities most in need of its innovation - indeed, at this point in development the acccessiblity and coherence of the flow is a question even for the builders shaping it. The HPGF Ecosystem Support Machine (ESM) is a workgroup dedicated to solving this problem by locating friction points where focused efforts in one domain (e.g., user onboarding) generate reciprocal clarity and coherence across the entire HPGF project ecosystem. Our work focuses on mending some of the natural fragmentation in the current public goods space, generating bridges not just between siloed web3 teams but between the public goods community and those communities outside of the web3 space that would benefit from their mechanisms immediately.
Our first community of concentration in this effort is what we call the global investigative commons - that is, the journalists, researchers and data scientists that navigate the uncertain terrain of finding truth outside of the sanction of nation-states and private enterprise. The parallel interests as well as the incidental convergence represented by this community's funding crisis make it an excellent first choice to stage our efforts, but the onboarding, concierging and explanatory work it will demand is sure to generate positive externalities that will extend far beyond journalism. Our workgroup is thus most concerned with finding the interventions that are most animated by mutual alignment and a shared problem space in order to develop HPGF Ecosystem Support output that has multidimensional benefit.
Problem Statements
The underlying issue across these challenges is the absence of sufficiently neutral intermediaries capable of acting as facilitators, bridge builders, knowledge sharers, and translators between the technically adept Web3 natives and the broader, non-technical audiences who stand to benefit immensely from these innovations. Addressing this gap is crucial for fostering a more inclusive, effective, and impactful public goods funding ecosystem.
Hypotheses
These hypotheses serve as guiding principles for our efforts to bridge gaps, foster understanding, and catalyze impact across the ecosystem.
Contrary to the thesis of "take care of our own systems first," we are of the belief that richly engaging and refining materials to onboard impact creators into the public goods space will have a crucial reciprocal benefit for the space in its development capacities. We propose a feedback loop where, with the help of a neutral intermediary, ecosystem developers and new communities can grow together, shaped to the strategic contingencies of each community as they make use of the HPGF toolkit to their own ends.
First Focus: The Global Investigative Commons
While this group's work is intended to be relevant to a wide range of public goods oriented communities, it's our belief that building around a monolithic and abstract user will blind us to the important nuances that will make HPGF a viable force for impact fundng. We will only find the common patterns if we derive them out from specific deployments. To this end, we've chosen the global independent journalism community (what one group calls "the investigative commons") as our initial focus for onboarding, empowering, and tailoring an HPGF toolkit around.
Our team has connections to members of this community who are deeply embedded in the funding polycrisis in independent journalism, particularly in the area of the climate coverage. Both the climate change and the journalism funding crisis have acted as catalysts of experimentation in decentralization as well as reappraisal of core values around open source production, the value of public goods and the viability of commons institutions in our society. The latter, perhaps even more saliently, has instigated a growing dialogue around impact tracking, highlighting issues including the networked nature of impact and the relative value of qualitative and quantitative data for verifying impact.
In short, the independent media establishment is experiencing an ordeal that makes for striking convergence with the concerns of HPGF and the broader web3 project. When framed within the larger conversation around the metacrisis and the defensive technologies necessary to address it, it becomes even more clear why this community will make a powerful ally in charting out the real life stakes of Hyperactive Public Goods Funding.
The specific communities within the journalism field we are focused on building relationships with are
a) those that are combining local grassroots coverage and citizen journalism with in-depth investigative capacities to make new tactical organizations or initiatives adequate to the cosmolocal breadth of climate change and the metacrisis;
b) those that are borrowing methods from data science to forge new protocols of truth telling beyond the interest of state, corporate or other institutions vulnerable to capture and antisocial tendencies.
These two areas overlap heavily, and are also constitute a forward thinking contingent of the community that we believe is ready to experiment with funding instruments that transcend the traditional binary of private equity and state-sourced. Indeed, the funding crisis in journalism is largely animated by the tremendous flaws in both spheres; when delivered in the right language, we think this community will embrace the participatory, p2p forms web3 has to offer exactly because of their high-level exposure to the flaws of legacy systems.
Initial Blueprint of HPGF Meta
Our nascent model of the Hyperactive Public Goods Funding (HPGF) initiative is designed to harness tools and protocols from the public goods space to build a holistic, cycle-forward system for empowering purpose-driven communities. The methodology, depicted in the meta diagram provided, outlines the steps and associated tools needed in onboarding communities, bootstrapping DAOs, and developing network protocols of accountability and impact. The process is divided into distinct phases, each contributing to the overarching goal of enhancing the public goods ecosystem through strategic use of public goods technologies. By mapping out this HPGF structure, our workgroup hopes to serve as a mirror and locus of context for the different builder silos that animate it.
Working Doc of HPGF inventory
Impact and Deliverables
Our aspiration extends beyond the immediate project outcomes, encompassing a desire to share our learnings and successes with a diverse audience that spans both Web3 enthusiasts and real-world communities. This endeavor is geared towards maximizing the societal impact of all our efforts, ensuring that the benefits of hyperactive public goods funding are accessible, relevant, and responsive to a wide demographic. As part of our commitment to community engagement and transparency, we have identified key opportunities for presenting our progress and soliciting feedback:
Project Timeline and Roadmap
March: Preliminary Research, Partnerships, Bootstrapping
April to May: Strategy Development and Integration
June to September: Initiate Concierge Services and Community Engagement
Post-September: Expansion and Future Planning
Team & Roles
TW
Vengist
Exeunt
Macks
Relevant Cultural Artifacts Open Value Network P2PF Wiki
Why we need Retro Profit Organizations Matt Stephenson, Lavande, Scott Moore
Shape Rotators Guide to Funding What Matters Kevin Owocki
Cradle-to-unicorn public goods funding Carl Cervone, Kevin Owocki
Stacking Public Goods Funding Mechanisms Kevin Owocki
Proactive Fundraising for Retrofunded Projects Zach Herring
Make Ethereum Cypherpunk Again Vitalik Buterin
Matthew Effect "In the sociology of science, "Matthew effect" was a term coined by Robert K. Merton and Harriet Anne Zuckerman to describe how, among other things, eminent scientists will often get more credit than a comparatively unknown researcher, even if their work is similar; it also means that credit will usually be given to researchers who are already famous.[4][7] For example, a prize will almost always be awarded to the most senior researcher involved in a project, even if all the work was done by a graduate student. This was later formulated by Stephen Stigler as Stigler's law of eponymy – "No scientific discovery is named after its original discoverer" – with Stigler explicitly naming Merton as the true discoverer, making his "law" an example of itself.
Merton and Zuckerman furthermore argued that in the scientific community the Matthew effect reaches beyond simple reputation to influence the wider communication system, playing a part in social selection processes and resulting in a concentration of resources and talent. They gave as an example the disproportionate visibility given to articles from acknowledged authors, at the expense of equally valid or superior articles written by unknown authors. They also noted that the concentration of attention on eminent individuals can lead to an increase in their self-assurance, pushing them to perform research in important but risky problem areas."