Crowdfunded Prizes for Public Goods - a De-risked Alternative to Grants

Name: Crowdfunded Prizes for Public Goods - a De-risked Alternative to Grants
Duration: 1 h
Description: Noah Chon Lee presents crowdfunded prizes as a de-risked alternative to traditional grants for funding public goods at Zuzalu Montenegro 2023. He argues that a prize structure, where funders commit capital only once a specific outcome is delivered, can better align incentives between builders and backers than upfront grant funding common across web3 public goods programs.

Zuzalu Montenegro 2023 · 26 Apr 2023 · 1:00:00

Noah Chon Lee presents crowdfunded prizes as a de-risked alternative to traditional grants for funding public goods at Zuzalu Montenegro 2023. He argues that a prize structure, where funders commit capital only once a specific outcome is delivered, can better align incentives between builders and backers than upfront grant funding common across web3 public goods programs.

Speakers

Noah Chon Lee

From Zuzalu Montenegro 2023, hosted by Zuzalu.