metadata: {"signature": "0x28a634cc8cd04fc9448f47fcfced10f4efecb11285b6a8f3dce43e150748b86f06ef3c5633cb826eef005d0aa8b9f2f9f8a1a2a3c8532780312beb8e55418ac41b", "application": {"round": "0x1b0caf40f491dce9c51e7e33d6e86112bb0bb91b", "answers": [{"type": "checkbox", "answer": ["Development of Web3 Grants tooling", "Experiments with innovative funding mechanisms", "Research on grant program design and effectiveness"], "hidden": false, "question": "How does your project contribute to the advancement of the Web3 grants ecosystem?", "questionId": 0}, {"type": "paragraph", "answer": "Endaoment has been deeply involved in building out the infrastructure and mechanisms for onchain philanthropy and impact funding. Key initiatives related to the Web3 grants ecosystem include:\n\n**The Universal Impact Pool (UIP)**\nThis is an automated matching fund developed by Endaoment and Gitcoin using the Allo Protocol. The UIP serves as a composable, permissionless endpoint for onchain philanthropic efforts. It uses giving activity on Endaoment as a voting mechanism to distribute quarterly matching grants to every nonprofit that receives funding. This allows the UIP to dynamically adjust grant allocations based on community donation patterns, directly supporting a diverse range of causes.\n\nA key innovation of the UIP is the application of quadratic funding to the world of traditional nonprofit grantmaking. This aligns the matching distribution with community preferences over time, ensuring resources are allocated where they are most needed according to the collective input of donors.\n\n**Deterministic contract addresses for all 501(c)(3) nonprofits**\nEndaoment has developed a system to generate deterministic contract addresses for every registered 501(c)(3) nonprofit organization in the United States based on their tax ID (EIN). This creates a 1:1 link and clear onchain identity for these entities, and enables seamless integration with Web3 funding mechanisms like the UIP.\n\n**Bringing new capital into Web3 impact**\nBy providing a bridge between traditional nonprofit organizations and the Web3 ecosystem, Endaoment has attracted new sources of capital into the space of digital public goods and impact funding. The UIP and other Endaoment products are designed to onboard more traditional philanthropists and institutional donors into the Web3 grants ecosystem.", "hidden": true, "question": "Describe your previous work or plans related to the Web3 grants ecosystem.", "questionId": 1}, {"type": "paragraph", "answer": "The UIP streamlines community-driven impact in Web3. By providing a steady, ever-evolving stream of funding to nonprofits based on current community priorities, it offers a single onchain endpoint for protocols to support a range of causes over time, reducing friction within communities in choosing grant recipients.\n\n[Nouns DAO's commitment of 120 ETH](https://nounsagora.com/proposals/471) streamed over the next 10 years to support the UIP is a prime example of how the UIP enables onchain communities to provide long-term, stable support for critical public goods infrastructure.", "hidden": true, "question": "How does your project create value for the Web3 grants ecosystem?", "questionId": 2}, {"type": "paragraph", "answer": "Our team has set up infrastructure for donations to flow to nearly 2 million nonprofits worldwide, with the UIP a proud achievement to democratize funding of nonprofits through quadratic matching. \n\nThrough our [onchain donor-advised funds](https://endaoment.org), we're bringing a vehicle that has attracted over $250bn in capital to impact to web3 impact.\n\nMore on our previous work can be found in our [2023 Impact Report](https://endaoment.org/impact} and [About page](https://endaoment.org/about)", "hidden": true, "question": "Describe your team's expertise in your chosen focus area within Web3 grants. Include relevant experience, publications, or past projects.", "questionId": 3}, {"type": "paragraph", "answer": "We publish realtime updates of current funding rounds and detailed reports at the end of each quarter to outline the UIP\u2019s distribution outcomes and overall impact. These [reports are accessible for each round](https://endaoment.org/universal), providing transparency into the allocation and effectiveness of the funds.\n\nWe'll also continue to share our methodologies and participate in discussions to help advance standards, tooling, and strategies that strengthen the overall ecosystem.", "hidden": true, "question": "How do you plan to share insights, methodologies, or tools developed through your project with the Cartographer Syndicate and the broader Web3 grants community?", "questionId": 4}, {"type": "paragraph", "answer": "0x8d2a84300d6ce230ed3fffc23dbcdf1e6c781ff0\naccountant.ndao.eth", "hidden": true, "question": "List any contract addresses with the associated network(s), EOAs, or deployer addresses your project has deployed.", "questionId": 5}, {"type": "paragraph", "answer": "Optimism RPGF: ~$200k\n", "hidden": true, "question": "Have you received any previous grants or support for your work in Web3 grants? If so, please provide details and estimated funding amounts.", "questionId": 6}, {"type": "dropdown", "answer": "Yes", "hidden": true, "question": "Please confirm that you have read and agree to comply with the ethical standards outlined in the eligibility criteria, including Gitcoin's Quid Pro Quo policy (https://support.gitcoin.co/gitcoin-knowledge-base/gitcoin-grants/general-questions/what-is-our-quid-pro-quo-policy)", "questionId": 7}, {"type": "paragraph", "hidden": true, "question": "Do you have any potential conflicts of interest to disclose? If yes, please provide details.", "questionId": 8}, {"type": "paragraph", "answer": "Our team at Endaoment not only consists of experts in blockchain technology and nonprofit operations, but also includes strategic advisors from the nonprofit sector and Web3 community. This diverse expertise allows us to seamlessly bridge traditional philanthropy with innovative technologies, ensuring that our solutions are both impactful and technically robust.", "hidden": true, "question": "Is there anything else you'd like to share about your project or team that wasn't covered in the previous questions?", "questionId": 9}], "project": {"id": "0x7eebe3c307c740badb9565411df298f6c609251e9025f09e28753666c26137c5", "title": "Universal Impact Pool from Endaoment & Gitcoin", "logoImg": "bafkreih6i3xu2p7mow5wd32ut23st3s4vu3uwk7mombe4v2ributaxxake", "metaPtr": {"pointer": "bafkreighn6u7tn74ea32vk6glv3lyp2e3un4huy3oq7uquh4hxtb6ixsrm", "protocol": "undefined"}, "website": "https://app.endaoment.org/universal", "bannerImg": "bafkreiflnmbl6em7ct3z4wp5qve7umsmllznylczqiemzdlewohqbjharu", "createdAt": 1713801539220, "credentials": {}, "description": "The Universal Impact Pool (UIP) is an automated matching fund designed to streamline onchain philanthropic efforts. Developed by Endaoment and Gitcoin using the Allo Protocol, the UIP serves as a composable, permissionless endpoint for impact, distributing quarterly grants to every nonprofit that receives funding on Endaoment during that period.\n\nThis approach allows UIP to adjust grant allocations based on community donations each quarter, directly supporting a variety of nonprofits as determined by donor activity. The fund is designed to efficiently extend the impact of donations by matching them based on the collective input of the community.\n\nBy supporting UIP through Gitcoin Grants, donors will be directly funding a shifting range of nonprofit causes, curated through ecosystem giving patterns. This structure not only ensures that resources are allocated where they are most needed, but also maintains alignment with community priorities.\n\nNouns\u2019 commitment to fund UIP over the next decade is an example of how sustained support can help stabilize and expand philanthropic efforts. For details, please visit Nouns Proposal #471: https://nouns.wtf/vote/471\n\nFor more on Endaoment and the real-world public goods value of the UIP, visit their 2023 Impact Report: https://endaoment.org/impact", "lastUpdated": 0, "projectGithub": "endaoment", "projectTwitter": "endaomentdotorg"}, "recipient": "0x8d2a84300d6ce230ed3fffc23dbcdf1e6c781ff0"}}