Overview:
Funding public good initiatives presents significant challenges, and for Zuzalu, establishing an effective ongoing funding model remains a work in progress. However, through experimentation, progress is being made.
One promising approach for advancing Zuzalu is retroactive public good funding. The initial creation of Zuzalu demanded substantial resources, surpassing $1 million, including contributions from over 200 full-time residents and 600 visitors. With retrospective funding, participants can voluntarily contribute based on their personal impact and assessment of the event's value. This opt-in model empowers attendees to make meaningful choices about funding past costs, honoring the event's impact on them.
Gratitude is owed to the contributors who made the first Zuzalu possible through their voluntary efforts and countless hours of dedication. Retroactive sponsorship aims to reward these crucial contributions, covering expenses related to the work summarized in hypercerts. Early funders such as Vitalik Buterin, who took risks to launch Zuzalu, deserve sincere thanks.
The use of hypercerts, developed by Protocol Labs, plays a vital role in initiatives like Zuzalu by transparently validating impact. These hypercerts publicly verify contributions through a shared, decentralized record, enabling retrospective funding for specific work, from initial research to completed products. This opens up new possibilities for projects like Zuzalu to thrive.
Fund Zuzalu Through Hypercerts:
By funding even fractions of Zuzalu's hypercerts, you become part of its continuing progress.
Additional benefits include:
If you want more information on retrospectively funding Zuzalu, check this public blog post.