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Theo Beutel
@theobtl
Public good funding in itself is a private good, and sometimes a club good when OGs only donate to their friends. This is why it all comes down to good governance of public good funding. To optimise for the long-term, we need donors to adopt fairer and more transparent distribution mechanisms. Reputation metrics should go beyond 'who knows whom' but recipients also need to be held accountable based on verifiable impact.
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Theo Beutel
@theobtl
How do we get there? Any thoughts on Metagov's DAOIP-5? https://daostar.substack.com/p/daoip-5-making-web3-grant-programs
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