Feven

@feven

155 Following

271 Followers

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always happy to chat!

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i get it :) negative sentiment doesn’t seem to be at an all time high anymore like during the NFT craze i think we have to approach anti crypto FOSS people with relentless optimism (which isn’t really scalable lol)

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because when your government grant gets slashed and your corporate sponsors start making demands that hurt your project... ...the risky crypto option starts looking like the only stable one

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As legacy funding continues to fall short for many OSS projects, this moment presents a unique opportunity for crypto ecosystems to lead a new way: → community-first approach → aligned incentives → transparent governance → novel mechanisms like quadratic funding, deep funding, @meritsystems

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Maintainers wanted to understand how Ethereum's funding mechanisms worked, how crypto orgs sustain themselves, and what kinds of mechanisms work at scale

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However, given the unreliability of traditional funding pathways, people were really open and driven to find more sustainable resources and to explore diverse and alternative funding pathways

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Here’s the concerns they shared: → tokens could create artificial hype around a project → pump & dump schemes from unknown participants → market manipulation leading to reputational damage → unexpected fluxes in funding (volatility)

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I brought up Crypto :) and it...sparked a conversation 😅 When I brought up crypto / tokens as another form of capital / fund raising, those familiar with the space were generally open to the discussion, but they also shared stories of significant push back from their communities

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Government grants: what used to be consistently reliable is now very risky due to administrative cuts and shifting political climate. Several projects have shared that the grants that they were promised have now been cut and are now scrambling to meet needs.

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We discussed funding types like: → Corporate sponsorship → Government grants → Civic tech & philanthropy → Consumer donations → Paid features → Crypto Each model has tradeoffs.

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Corporate sponsorship often skews priorities. Maintainers shared stories of feeling pressured to prioritize features requested by enterprise sponsors over what might actually be better for the project's long-term health, sustainability, or security. The incentive misalignment is persistent among projects.

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First takeaway: Sporadic funding = stalled momentum. Many OSS projects lack consistent financial support, making it hard to plan for long-term stewardship, security, or growth.

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At the UN Open Source Conference, I joined a breakout session on funding open source. We discussed tensions between current funding models, sustainability, and incentives with maintainers from Python Software Foundation, Processing Foundation, Linux devs, etc I brought up crypto...and things got interesting... ↴

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i quite literally quit 10 states in 😧

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everytime im on the train

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that tuna melt hero with a v8 from the deli just saved my life

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hmmm 🤔 you must tell us how it goes

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hmm 🤔 informative = tells you what it is educational = tells you why it is

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