General Magic Spells 🪄Welcome to the General Magic Monthly Newsletter! 🎊
General Magic Spells 🪄General Magic Helps Scale Deep Funding on Optimism: Advancing Governance & Resource Allocation with …
Ever since Vitalik Buterin introduced the concept, Deep Funding has been gaining traction as a new way to support public goods and developer tools. Now, Optimism is joining the movement, launching its own Deep Funding initiative to experiment with more effective and scalable funding mechanisms.As part of Optimism’s Retro Funding: Dev Tooling Mission, the Collective is exploring ways to improve the evaluation algorithm for developer tools. While there’s solid data on how Dev Tools are used, th...
General Magic Spells 🪄General Magic Monthly Newsletter
GM, frens! 🌞It’s been a rollercoaster out there (what else is new?), but through all the noise, builders are still shipping, creating, and making an impact. Here’s a look at what’s been happening this month in General Magic and across the Giveth Galaxy.👇Public Goods Project of the Month: Predicate 🌟Predicate is a network that enables developers to define programmable, on-chain transaction policies using modular components known as Predicate Functions. These functions are immutable code seg...
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General Magic Spells 🪄Welcome to the General Magic Monthly Newsletter! 🎊
General Magic Spells 🪄General Magic Helps Scale Deep Funding on Optimism: Advancing Governance & Resource Allocation with …
Ever since Vitalik Buterin introduced the concept, Deep Funding has been gaining traction as a new way to support public goods and developer tools. Now, Optimism is joining the movement, launching its own Deep Funding initiative to experiment with more effective and scalable funding mechanisms.As part of Optimism’s Retro Funding: Dev Tooling Mission, the Collective is exploring ways to improve the evaluation algorithm for developer tools. While there’s solid data on how Dev Tools are used, th...
General Magic Spells 🪄General Magic Monthly Newsletter
GM, frens! 🌞It’s been a rollercoaster out there (what else is new?), but through all the noise, builders are still shipping, creating, and making an impact. Here’s a look at what’s been happening this month in General Magic and across the Giveth Galaxy.👇Public Goods Project of the Month: Predicate 🌟Predicate is a network that enables developers to define programmable, on-chain transaction policies using modular components known as Predicate Functions. These functions are immutable code seg...
Subscribe to General Magic Spells 🪄
>100 subscribers
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The last newsletter of 2023 is here. With the start of 2024, we're excited to embark on a new chapter filled with enchanting adventures, groundbreaking projects, and the unwavering magic of our incredible community.
But before we unfold the wonders that await, let's take a moment to check back on what was new in the last month of 2023 and wish every one of you a Happy New Year!
Impact DAO of the Month: Giveth
In the spotlight, this month is Giveth, a community dedicated to Building the Future of Giving using blockchain technology. 🌍✨
At the heart of Giveth's mission is the drive to support and reward the funding of public goods by providing open, transparent, and free access to revolutionary funding opportunities within the Ethereum ecosystem. 🛣💸
Creating a Culture of Giving: Giveth is more than a platform it represents a culture of giving that empowers and rewards those who contribute to projects, society, and the world. The community strives to inspire a collective spirit of support, abundance, and value creation.
Projects in the GIViverse: While Giveth has many projects within its universe, the core entities are Giveth.io and the GIVeconomy. 🚀
Giveth.io: A platform where you can donate to projects or propose initiatives in need of funding.
GIVeconomy: The broader ecosystem, fostering a network of organizations committed to building a transparent, decentralized Future of Giving.
Recent Impactful Initiatives: Giveth recently orchestrated the "Giving Season" Quadratic Funding Round on Optimism, wrapping up the year with a flurry of impactful contributions.
The last newsletter of 2023 is here. With the start of 2024, we're excited to embark on a new chapter filled with enchanting adventures, groundbreaking projects, and the unwavering magic of our incredible community.
But before we unfold the wonders that await, let's take a moment to check back on what was new in the last month of 2023 and wish every one of you a Happy New Year!
Impact DAO of the Month: Giveth
In the spotlight, this month is Giveth, a community dedicated to Building the Future of Giving using blockchain technology. 🌍✨
At the heart of Giveth's mission is the drive to support and reward the funding of public goods by providing open, transparent, and free access to revolutionary funding opportunities within the Ethereum ecosystem. 🛣💸
Creating a Culture of Giving: Giveth is more than a platform it represents a culture of giving that empowers and rewards those who contribute to projects, society, and the world. The community strives to inspire a collective spirit of support, abundance, and value creation.
Projects in the GIViverse: While Giveth has many projects within its universe, the core entities are Giveth.io and the GIVeconomy. 🚀
Giveth.io: A platform where you can donate to projects or propose initiatives in need of funding.
GIVeconomy: The broader ecosystem, fostering a network of organizations committed to building a transparent, decentralized Future of Giving.
Recent Impactful Initiatives: Giveth recently orchestrated the "Giving Season" Quadratic Funding Round on Optimism, wrapping up the year with a flurry of impactful contributions.
And guess what?
To kick off the new year, Giveth is gearing up for another Quadratic Funding Round, this time on Polygon!
Our Magic
While December was the month most of our team members went on well deserved holiday we still opened some new projects that we will continue working on during the new year. We've been putting on our creative hats once again, this time diving into cool stuff like designing and spicing up social media for the BlockSplit conference that is set for this May. But wait, there's more! We've also kicked off an exciting project for ENS that we will reveal very soon.
High Praise: Pedro
Big praise to our rockstar, Pedro!
This guy has been absolutely killing it with all things Notion, making our lives smoother and injecting some serious magic into our workflow.
Pedro, your boundless enthusiasm is seriously contagious, and we can't thank you enough for keeping the vibes positive and the collaboration strong.
Deep Dives: Grant programs in 2024
2024 is shaping up to be a fantastic year for builders and artists in the crypto space, with some standout grant programs that deserve your attention.
Here's the lowdown on the top initiatives:
🔴 Optimism Foundation - RetroPGF Program
The Optimism Foundation, brains behind the OP Mainnet, is running the RetroPGF program. This funding initiative, launched in 2021, distributes OP tokens for on-chain public goods. The latest round is whopping—30 million OP (around $112 million), welcoming applications from infrastructure contributors to NFT artists.
Arbitrum Foundation Grants Program
Arbitrum, Ethereum's go-to Layer 2 network, has an ongoing grants program focusing on developers and builders contributing to the infrastructure layer, tools, and apps. The latest Short-Term Incentive Program (STIPTIP) has added over 21 million ARB to the initial budget, totaling 70 million ARB (about $127 million).
Polygon Labs Grant Program
Polygon, another Layer 2 scaling solution, has revamped its grant program, Polygon Village, offering more than 110 million MATIC (about $100 million). Using quadratic funding, the program has three tracks, with different stacks providing varying funding amounts.
Show Your Support for Impact DAO Projects with our Merch Shop!
We've spiced up our Merch Shop with some seriously cool additions! Stickers, hats, bottles, shirts and much more to choose from.
With each piece you snag, you're not only upgrading your style game but also sending love to 7 different Impact DAOs and projects. It's like looking good while doing good.
Logs from the Giveth Galaxy:
💜Giveth kicked off the festive spirit with a bang, launching a special holiday edition Quadratic Funding (QF) round on Optimism. Giving Season took part from December 19 to January 2.
🔄Pairwise played a role in the RetroPGF Round 3 voting process as a support tool for creating lists.
🌱Trusted Seed community took a unique route in December, steering through the Regen Alliances Unconference. Unfolding across almost the entire month, it was a journey of collaboration and innovation.
🔴 RetroPGF Community was on a mission again! This time, it was all about spreading the good vibes of retroactive public goods funding (RPGF) and shining a spotlight on the incredible projects that hopped on board.
Thanks for joining us on this journey, and we'll see you next time with more exciting updates!
Best,
The General Magic Team
And guess what?
To kick off the new year, Giveth is gearing up for another Quadratic Funding Round, this time on Polygon!
Our Magic
While December was the month most of our team members went on well deserved holiday we still opened some new projects that we will continue working on during the new year. We've been putting on our creative hats once again, this time diving into cool stuff like designing and spicing up social media for the BlockSplit conference that is set for this May. But wait, there's more! We've also kicked off an exciting project for ENS that we will reveal very soon.
High Praise: Pedro
Big praise to our rockstar, Pedro!
This guy has been absolutely killing it with all things Notion, making our lives smoother and injecting some serious magic into our workflow.
Pedro, your boundless enthusiasm is seriously contagious, and we can't thank you enough for keeping the vibes positive and the collaboration strong.
Deep Dives: Grant programs in 2024
2024 is shaping up to be a fantastic year for builders and artists in the crypto space, with some standout grant programs that deserve your attention.
Here's the lowdown on the top initiatives:
🔴 Optimism Foundation - RetroPGF Program
The Optimism Foundation, brains behind the OP Mainnet, is running the RetroPGF program. This funding initiative, launched in 2021, distributes OP tokens for on-chain public goods. The latest round is whopping—30 million OP (around $112 million), welcoming applications from infrastructure contributors to NFT artists.
Arbitrum Foundation Grants Program
Arbitrum, Ethereum's go-to Layer 2 network, has an ongoing grants program focusing on developers and builders contributing to the infrastructure layer, tools, and apps. The latest Short-Term Incentive Program (STIPTIP) has added over 21 million ARB to the initial budget, totaling 70 million ARB (about $127 million).
Polygon Labs Grant Program
Polygon, another Layer 2 scaling solution, has revamped its grant program, Polygon Village, offering more than 110 million MATIC (about $100 million). Using quadratic funding, the program has three tracks, with different stacks providing varying funding amounts.
Show Your Support for Impact DAO Projects with our Merch Shop!
We've spiced up our Merch Shop with some seriously cool additions! Stickers, hats, bottles, shirts and much more to choose from.
With each piece you snag, you're not only upgrading your style game but also sending love to 7 different Impact DAOs and projects. It's like looking good while doing good.
Logs from the Giveth Galaxy:
💜Giveth kicked off the festive spirit with a bang, launching a special holiday edition Quadratic Funding (QF) round on Optimism. Giving Season took part from December 19 to January 2.
🔄Pairwise played a role in the RetroPGF Round 3 voting process as a support tool for creating lists.
🌱Trusted Seed community took a unique route in December, steering through the Regen Alliances Unconference. Unfolding across almost the entire month, it was a journey of collaboration and innovation.
🔴 RetroPGF Community was on a mission again! This time, it was all about spreading the good vibes of retroactive public goods funding (RPGF) and shining a spotlight on the incredible projects that hopped on board.
Thanks for joining us on this journey, and we'll see you next time with more exciting updates!
Best,
The General Magic Team
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