metadata: {"signature": "0xe6fc557bc0b450ad141f5a40dd8f04af0c82e67492ba087dac19fdfcf9b52965612c523be037627751e2fb35f67c30582046cf6336a985db6d13a3972813ffaf1b", "application": {"round": "0xeec3725cd5e58a86437743a520c09e832b112f8a", "answers": [{"type": "email", "hidden": true, "question": "Email Address", "questionId": 0, "encryptedAnswer": {"ciphertext": "1SdiTwxhwIR7WtLgZxy4wOZfjS34voVf9J2w1xuai+xnRaEpH4mwiDuSjoAsLaEk", "encryptedSymmetricKey": "abd4b723a567d841af3430eb1c535e2df29c0bdd081629c054ab4baada5c019210a0e23d642fd623c7971212e006f60e5ac3fabd516bee27050f5e86a67a6259f129836e117a11fc4c76807338eb538e223d0ee487ca96e26fb1b5a0fb6cc78afbfd37d1618babd83b8ef6946af5ebda1d3ae387ffebaf172b77a180e1779cae00000000000000205d533bf08ae49294c9c4fde4e32595f5fc92b1ed25ee90be172e09cd4412827e30f9dad388fac9e7429f6ba4c1141695"}}, {"type": "link", "answer": "https://discord.gg/qMrEVxEBHj", "hidden": false, "question": "Link to your Public Group Chat (e.g. Discord or Telegram)", "questionId": 1}, {"type": "short-answer", "answer": "We deployed the SQF factory contracts to Arbitrum One, Optimism, & Base. Our Grants Stack-like UI for running SQF rounds with no-code is ready. We're working with partners to define & launch new SQF programs before opening all the tools up for general use.", "hidden": false, "question": "If you've participated in past grant rounds, please share any new updates or milestones from the prior months (N/A if you are yet to participate).", "questionId": 2}, {"type": "short-answer", "hidden": true, "question": "Telegram Handle We Can Use To Contact You (you can answer N/A)", "questionId": 3, "encryptedAnswer": {"ciphertext": "ObYDQsISLoIu8MZI+rWX0KMk4O20L8Xj22thoOXLGOw=", "encryptedSymmetricKey": "09e0ff8541b16a0f709649fdbada4cda284b2e117a4c920ca45dc186cceac257e287230ce68e90f8c4f37777648e5117351da58a0f193d9fdd2eb3a72acf59410634526aad201903f1520a75b2b3c84eaaca414986787432dedd084aedd33ca765cc188d706a8b4a6cf2fe57f15cbccd35c5d09947cca5f7c81f12ae6cde6a5400000000000000203db952f1e25431fc71a4bf22c2c11910fc018d6837ca609ec96d400482badafd396095563173dc6d0f7ac7dfe3e73785"}}, {"type": "paragraph", "answer": "We participated in GG20 (https://explorer.gitcoin.co/#/round/42161/25/114) and several community rounds in GG21 (https://explorer.gitcoin.co/#/round/10/57/38, https://explorer.gitcoin.co/#/round/42161/386/10, & https://explorer.gitcoin.co/#/round/42161/385/26)", "hidden": false, "question": "Have you participated in any Octant epoch (Epoch 0 through Epoch 4) OR a previous Gitcoin Grants round? Please provide details and evidence of your participation.", "questionId": 4}, {"type": "short-answer", "answer": "https://gap.karmahq.xyz/project/flow-state-streaming-quadratic-funding", "hidden": false, "question": "Do you have a Karma GAP set up? If yes, please provide proof. If not, can you set one up before applying?", "questionId": 5}, {"type": "paragraph", "answer": "A major ingredient missing in the web3 public goods ecosystem is **sustainability.** Octant has recognized this (see: https://x.com/OctantApp/status/1831164316684312607), and staking 100k ETH can solve one side of the funding equation. \n\nOur novel approach to continuous, dynamic allocation can be the other. \n\nSQF, SQV, and other streaming allocation strategies can plug into Octant's funding engine to grow the ecosystem and deliver on our mutual public goods funding mission.", "hidden": false, "question": "Please describe how your project contributes to the growth and development of the Octant ecosystem.", "questionId": 6}, {"type": "paragraph", "answer": "Streaming funding offers a foundation to sustain and grow the Octant community. \n\nSubscriptions are the dominant business model for content creators, educators, and more in web2 because they align incentives to future value creation, provide budget predictability, and limit decision fatigue. We can bring that model to web3 and the Octant ecosystem, but even better\u2014think of SQF like a matching-pool-supercharged Patreon.", "hidden": false, "question": "How does your project align with the round's focus on community and education within the Octant ecosystem?", "questionId": 7}, {"type": "paragraph", "answer": "1) Launch the first SQF partner round (est. Oct 2024)\n2) Open permissionless use of the SQF platform and run a training cohort open to Octant community members and other public goods ecosystems (pending the partner round)\n3) Develop a streaming QV/direct voting strategy to allocate streams (Q4 2024 to Q1 2025)\n4) Launch the Flow State coop (est. Jan 1, 2025)\n\nAll of these efforts are aligned with Octant's public goods mission. We've said it in other questions, but we think streaming allocation is a big unlock for the Octant ecosystem.", "hidden": false, "question": "Provide a clear roadmap of your project, detailing future milestones and deliverables. How does this demonstrate your commitment to long-term impact and growth within the Octant ecosystem?", "questionId": 8}, {"type": "paragraph", "answer": "Our project lineage started on the Geo Web in 2020. We were early Gitcoin Grantee recipients (GG7) and have been committed public goods builders since. We know the struggle to sustain ourselves without a traditional business model (we want our products to remain true public goods) but have always stayed committed to paying it forward. We were the first community to launch a QF program on Grants Stack (https://www.gitcoin.co/blog/geo-web-case-study). We have been developing and innovating with Superfluid streams for several years as well. These experiences and expertise culminated in spearheading the collaboration that launched SQF (https://mirror.xyz/geoweb.eth/54RLkPhmWIcWP4B8QFlYbVY_M-fxaNqjqZF-5pe3WdI).", "hidden": false, "question": "Describe your team's expertise and how it contributes to the successful execution of your project.", "questionId": 9}, {"type": "paragraph", "answer": "We've already had multiple conversations with the Octant product team openly sharing our streaming funding knowledge, tools, and plans. We wholeheartedly believe in positive-sum collaboration and act like it. \n\nOur focus on continuous, dynamic allocation perfectly complements Octant's focus on generating sustainable public goods funding.", "hidden": false, "question": "How does your project complement or enhance existing initiatives within the Octant ecosystem rather than competing directly against them?", "questionId": 10}, {"type": "paragraph", "answer": "The streaming version of QF has several advantages over the traditional periodic model when it comes to community building:\n- funding decisions are relational (ongoing streams), not transactional \n- matching is allocated/earned incrementally (less susceptible to low conviction donations & airdrop hunting skew)\nWe're embracing these advantages in our product and coop organization design. We can embrace mutually beneficial relationships between grantees & funders rather than fearing \"quid pro quo.\" ", "hidden": false, "question": "Describe your approach to community engagement and how you plan to contribute to a collaborative and constructive funding environment.", "questionId": 11}, {"type": "paragraph", "answer": "We will use all funding to pay core contributor stipends as we continue to develop our streaming funding platform and collaborate within the Octant ecosystem.  We haven't had the funding to consistently pay contributors, so we don't need to get fancy. ", "hidden": false, "question": "How do you plan to use the funding to maximize your project's ongoing impact within the Octant ecosystem if selected?", "questionId": 12}, {"type": "paragraph", "answer": "We haven't created any educational content specifically for the Octant ecosystem. All our code & tools are open-source and available as resources for the Octant ecosystem.", "hidden": false, "question": "What unique educational content or resources have you created for the Octant ecosystem? How has the community received these? Please share any relevant links", "questionId": 13}], "project": {"id": "0x79bc78382f5adf12f5f9826d1428d3ab10dd4343957f2fb40eda6d81ada95a94", "title": "Flow State (Streaming Quadratic Funding)", "logoImg": "bafkreihwsvo7mrlvkpstucplgeeirs7xrvvd4cyimgjtnq6vb6kxrlhapq", "metaPtr": {"pointer": "bafkreif7x5xdknzsm44zkssuwi5t5juxgxht67nvkzcug4c7ah2uvpequu", "protocol": "undefined"}, "website": "https://flowstate.network", "bannerImg": "bafybeibu2mnve4oocrhfugfyigiblmlwzaujgzfril6hhmnvpajm4eu23y", "createdAt": 1723069882216, "userGithub": "gravenp", "credentials": {"github": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..1IVm8SERPuhScR3TYPcN12LUIIB0hVr7U6tAxX0Oz9LCE53BtOp61oJMnzfrF6jSe6EVyMuYsk1vssGWL00RBg", "type": "Ed25519Signature2018", "created": "2024-08-07T22:29:47.280Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2024-08-07T22:29:47.279Z", "expirationDate": "2024-11-05T22:29:47.279Z", "credentialSubject": {"id": "did:pkh:eip155:1:0xB3f2b4a0b5F2f99e6B6bfc71D5E18a59B92D5606", "hash": "v0.0.0:wRdad1JKLTIXF8xH5o1MBiJ4raBLVjOeBFUyNd/VXaQ=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextGithubOrg#flow-state-coop#15019279"}}, "twitter": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..AUddr_C9uOMGVgM6-KVE2g55leBJetIQGNMQIWDZyzPMTuSAbufCyRsuaB93pHdWqGnH2-QhQTQTG_ZQ-wQ0CQ", "type": "Ed25519Signature2018", "created": "2024-08-07T22:29:13.968Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2024-08-07T22:29:13.968Z", "expirationDate": "2024-11-05T22:29:13.968Z", "credentialSubject": {"id": "did:pkh:eip155:1:0xB3f2b4a0b5F2f99e6B6bfc71D5E18a59B92D5606", "hash": "v0.0.0:PT5s2mz4dWkRgeF8Dy0Wh6JFxbR5fAyA43x/GnbvN3Q=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextTwitter#flowstatecoop"}}}, "description": "**Flow State is a digital coop and impact funding platform that makes public good contributions more sustainable.**\n\nWe\u2019re focused on two big ideas:\n* **Streaming allocation mechanisms** - Using the full potential of programmable money to deliver continuous funding where and when needed\n* **Digital cooperative legal structure** - Combining a traditional legal structure with web3 rails to reward impact creators and funders with rights to the org\u2019s future cash flows (in a transparent, compliant way\u2014\ud83d\udc4b, Gensler)\n\nOur flagship product, Streaming Quadratic Funding (SQF), brings the free-rider-incentive-busting quadratic funding mechanism to a real-time, continuous form. With SQF...\n\n* Public good builders **earn sustainable funding** by delivering on their mission\u2014fewer distractions hunting/shilling grants and more focus on growing impact and cultivating long-term supporter relationships.\n* Donors **make high-conviction funding decisions** where and when they find something they care about rather than in chaotic, time-constrained voting periods. Think of it like a QF-supercharged Patreon where supporters are actively enabling future value creation rather than providing one-off charity.\n* Ecosystems **attract, retain, and amplify talent.** No one likes funding uncertainty, administrative delays, or capital inefficiency. Streaming grants are a competitive advantage on both sides of the impact funding equation.\n\n**Background**\n[SQF was initiated](https://mirror.xyz/geoweb.eth/54RLkPhmWIcWP4B8QFlYbVY_M-fxaNqjqZF-5pe3WdI) as a feature for/by the [Geo Web](https://geoweb.network) with support from [Superfluid](https://www.superfluid.finance/) and [Gitcoin Allo](https://allo.gitcoin.co/). The community response convinced us to pursue the ideas introduced in the pilot as a stand-alone project. Our core team of contributors includes:\n\n* Graven Prest - Product & Operations\n* Gary Sheng - Community & Business Development\n* Stefano De Berardinis - Engineering\n* Xian Zheng - Engineering\n\nWe\u2019re public goods builders through and through. We know the struggle. We\u2019re excited to bring our hard-earned grantee perspective, streaming funding tools, and unique legal structure to (the open-source) market and transform how public goods are funded and built. \n\n**What We\u2019ve Been Working On**\n* A no-code interface for configuring and managing SQF rounds (think Grants Stack for streaming grants)\n  * Allo-integrated grantee applications and round operator review\n  * A new, scalable SQF donation UI\n  * Custom-generated Farcaster Frames for grantees (with live matching multiplier calculation)\n* Supporting multiple onchain voter eligibility methods \n* Our digital coop structure\n  * Superfluid-integrated patronage distributions\n  * Transparent incentives for member funders, grantees, and ecosystems\n* Soon-to-launch SQF rounds with select partners\n* Designs for streaming quadratic voting, direct streaming grants, and more!", "lastUpdated": 0, "projectGithub": "flow-state-coop", "projectTwitter": "flowstatecoop"}, "recipient": "0xB3f2b4a0b5F2f99e6B6bfc71D5E18a59B92D5606"}}