Gitcoin’s co-founder wants to return from the sidelines

“I’m not returning as some sort of benevolent dictator,” Kevin Owocki told Blockworks

article-image

Sanjay kj/Shutterstock modified by Blockworks

share

Gitcoin co-founder Kevin Owocki has revealed his intention to return to the DAO dedicated to building digital public goods infrastructure.

This time, however, Owocki says he does not plan to take center stage but rather work with the community and find out where he can add value.

In an interview with Blockworks, Owocki said he believes he can contribute to the ecosystem by spreading awareness and information.

“I’m really trying to add value from the edges and be a network catalyst to help synthesize information across different stakeholders,” Owocki told Blockworks. “I’m not returning as some sort of benevolent dictator.”

With Gitcoin’s governance process decentralized, Owocki plans to submit proposals over the next couple of months and gauge community interest.

“I always say there are three different types of feedback: There’s do feedback — which is ‘I want you to do this’; there’s try feedback — which is ‘I want you to try this’; then there’s considered feedback,” Owocki said. “I’ve been very mindful that at this stage, I’m really just giving considered feedback.”

Envisioning next steps

One area that Owocki is interested in working on is helping Gitcoin go to market through grants.

“If Gitcoin grants 1.0 was like a screwdriver — it is just quadratic funding, then Gitcoin grants 2.0 would be a Swiss army knife — it’s got quadratic funding, quadratic voting and the team is building milestone-based payments and conviction voting and dominance insurance contracts,” he said.

Owocki sees himself playing a role in finding products suitable for market participants and also building trust among the different parts of the ecosystem.

Eventually, Owocki notes that he intends to deliver his own version of an “Endgame Plan” — similar to that of MakerDAO co-founder Rune Christensen.

“I may do something like that, but instead of it being top-down, it’s going to be more of a bottoms-up synthesis of different participants. It’s not going to be my vision, it’s going to be the things that are genuinely coming from the participants in the network,” Owocki said.


Start your day with top crypto insights from David Canellis and Katherine Ross. Subscribe to the Empire newsletter.

The Lightspeed newsletter is all things Solana, in your inbox, every day. Subscribe to daily Solana news from Jack Kubinec and Jeff Albus.

Tags

Upcoming Events

Salt Lake City, UT

MON - TUES, OCT. 7 - 8, 2023

Blockworks and Bankless in collaboration with buidlbox are excited to announce the second installment of the Permissionless Hackathon – taking place October 7-8 in Salt Lake City, Utah. We’ve partnered with buidlbox to bring together the brightest minds in crypto for […]

Salt Lake City, UT

WED - FRI, OCTOBER 9 - 11, 2024

Pack your bags, anon — we’re heading west! Join us in the beautiful Salt Lake City for the third installment of Permissionless. Come for the alpha, stay for the fresh air. Permissionless III promises unforgettable panels, killer networking opportunities, and mountains […]

recent research

Research Report Cover Vertex.jpg

Research

The proliferation of new perp DEXs has led to fragmented liquidity across various DEXs and chains. Vertex, known for its vertically-integrated DEX that includes spot, perpetual, and integrated money markets, is now tackling cross-chain liquidity fragmentation through horizontal integration with the launch of new Edge instances. Vertex's integrated offerings and cross-margined account structure amplify the benefits of new instances: native cross-chain spot trading, optimized cross-chain basis trading, consistent interest rates, reduced bridging friction, and more.

article-image

Plus, a dive into crypto’s ever-expanding unicorn club

article-image

Also, tokenization continues to grab headlines and one bitcoin miner stock soars Tuesday after inking a big deal

article-image

Fifteen million daily failed transactions disappeared from Solana

article-image

FTX debtors will pay the IRS $200M, with an outstanding lower priority claim of $685M

article-image

I’ve come to the realization that more attention is needed to create and sculpt the digital spaces where we live

article-image

The NYSE went down yesterday after a glitch caused a string of erroneous trades. Does DeFi fix this?