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.

Explore the growing intersection between crypto, macroeconomics, policy and finance with Ben Strack, Casey Wagner and Felix Jauvin. Subscribe to the On the Margin 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, 2024

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

Permissionless is a conference for founders, application developers, and users. Come meet the next generation of people building and using crypto.

recent research

Research Report Templates (1).png

Research

Solana Mobile is a highly ambitious foray into the mobile consumer hardware market, seeking to open up a crypto-native distribution channel for mobile-first applications. The market for Solana Mobile devices has demonstrated a phenomenon whereby external market actors (e.g. Solana-native projects) continuously underwrite subsidies to Mobile consumers. The value of these subsidies, coming in the form of airdrops, trial programs, and exclusive NFT mints, have consistently covered the cost of the phone and generated positive returns for consumers. Given this trend in subsidies, the unit economics in the market for Mobile devices, and the initial growth rate and trajectory of sales, it should be expected that Solana mobile can clear 1M to 10M units over the coming years. As more devices circulate amongst users, Solana Mobile presents a promising venue for the emergence of killer-applications uniquely enabled by this mobile-first, crypto-native distribution channel.

article-image

Analysts are looking ahead to August, a historically volatile month made more interesting this year by the US presidential election

article-image

Plus, a look into Lighting Labs’ newest feature

article-image

Crypto’s Wild West era is over — it’s time to embrace regulation to secure the future of digital assets

article-image

Plus, Solana has now surpassed Ethereum in trailing 30-day decentralized exchange volume

article-image

Polymarket betters say Kamala Harris has better odds than Biden of winning against Trump