Public Goods

Thoughts?

What if we experimented on proactive grants with prediction markets? 

Could this help us aggregate better data to make decisions on how to allocate funds to future outcomes for public goods?

Is someone already doing this? If that’s you share your program below! 👇🏽Or send me a dm!📩

Public Goods and Impact Evaluation Researcher ✨ Endless curiosity. 

Vitalik wrote about it but the harsh reality is it won't work.

optimism rpgf has made is clear that when $$ is involved, defination of public goods could be changed just to fulfill your bias.

Years of research and literature clearly defines what public goods are.

Learning and contributing. Optimist  ✨🔴_🔴✨


Delegate and Citizen @Optimism Collective

On top of that, a major challenge will be finding consensus on whether the goal was achieved or not, development related proposals are easy to validate while  engagement/onchain is impossible.

May be i am not following the idea fully, eg, very basic, who will win next football WC, no one expects a debate on the outcome. Nxt, build a frontend to show fastest superchain bridge route, still possible to define it via KPI, proving gets challenging. and its downhill from here

It's true that one of the most important pieces for prediction markets is the ability to validate if the statement was true or not. This imo could be very easy with very straightforward KPIs, either you hit them or you didn't, there's no need for consensus. 

Interested in understanding why consensus would be needed!