Gitcoin
Retrospective of the Hypercerts Ecosystem Round during GG20

Retrospective of the Hypercerts Ecosystem Round during GG20

The first-ever Hypercerts Ecosystem Round during GG20 accepted 35 projects across five categories — new applications, integrations, tooling, pilot use cases, and DevRel — raising over $9,000 in crowdfunding with $60,000 in matching from Gitcoin, Thank ARB, and Protocol Labs.

2 min read · June 1, 2024

First ever Hypercerts Ecosystem Round

The Hypercerts Foundation and Community conducted their inaugural community round on Gitcoin during GG20.

The Hypercerts Ecosystem

The Hypercerts Foundation aims to "advance the development and adoption of open-source protocols for funding and rewarding positive impact." This ecosystem round supported projects building on hypercerts primitives, intending to transform "isolated platforms into interconnected, dynamic funding networks."

Types of Projects in the Hypercerts Ecosystem

Support focused on five categories:

  1. New Applications: Projects developing new applications using hypercerts infrastructure
  2. Integrations: Projects integrating hypercerts into existing funding platforms
  3. Tooling: Projects building tools extending functionality across integrations
  4. Pilot Use Cases: Tangible implementations of new functionalities
  5. Community Support (DevRel): Technical expertise providers

Hypercerts ecosystem components

Applications: Exceeding Expectations

Applications received exceeded expectations:

  • Accepted: 35 projects
  • Rejected: 12 projects

Projects by category:

  • New platform (5): VoiceDeck, Hyperstaker, HPGF Ecosystem Support Machine, viaPrize, Hyperchange
  • Integrations (13): ReFi DAO, Silvi, Sovereign Nature Initiative, Gainforest, GreenPill Network x GPN Dev Guild, Proof of Philanthropy, Atlantis, Change Code, NERD DAO, Hyperfiles, RWA x Public Goods | BASIN, Drivyx ESG, dMeter
  • Tooling (2): Spark | Deresy & Hyperminter, LiquiCert
  • Pilot use cases (13): Blocktrend, Funding the Commons, PGF Ethereal Mexico, FAB DAO, MesoReefDAO, AgroforestDAO, Armitage, DWeb Camp, LexDAO, Solarpunk Guild, $Earth, DeepVentures, Public Optimism
  • DevRel & community support (2): sodofi, bitbeckers

Initial projections targeted 10-15 projects; the higher volume spread matching funds thinner than anticipated, warranting future criteria reconsideration.

Crowdfunded Donations: Over $9,000 Raised

  • VoiceDeck: Highest crowdfunding and total amount ($1,745)
  • Atlantis: Highest contributor count (113)
  • Spark | Deresy & Hyperminter: Highest matching amount ($4,658)

Distribution of funds in the Hypercerts Ecosystem Round

Thank You to Our Matching Funders for $60,000

Matching funders—Gitcoin, Thank ARB, and Protocol Labs—provided $60,000 in support.

Matching funders logos

Excited About Projects' Progress

The foundation plans follow-up with all projects to provide support and assess fund distribution correlation with project success.

Get involved

Interested parties can contact the foundation at team [at] hypercerts.org to join as funders, contributors, or new projects.


Source: Original post on Gitcoin Governance Forum

Tags

gitcoinquadratic-fundinggrantshypercertsimpact-measurement

Related Apps

Related Mechanisms

Related Campaigns