PotLock / docs

PotLock Official Documentation powered by Gitbook
https://docs.potlock.io
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take out pot sizes & references to sbts #8

Closed codingshot closed 3 months ago

codingshot commented 9 months ago

doesnt really make sense

https://docs.potlock.io/welcome-to-potlock/understanding-pots-funding-rounds#understanding-pot-sizes

Understanding Pot Sizes In traditional quadratic funding rounds like Gitcoin no matter what level you are at you apply for. Whether you are a startup repository vs Etherscan, generally you are pulling from the same pool of capital. Considering the quadratic funding is inherently a popularity contest, it is disheartening for smaller or less popular projects to be in the same funding rounds or "Pots" as more mature projects. Additionally every new gitcoin round their isn't a direct incentive like their is in Venture Capital for a public good that has shown growth + impact to access higher levels of funding. This why at PotLock we believed in tiered funding rounds, or Pots in which Round Managers aka Chefs allocate SBTs (Soul-Bound Toktnes) based on milestones and our attestation framework for impact to give access to higher levels of capital.

Pot Sizes Dish - $10,000-$50,000 Meal - $50,000-$150,000 Buffet - $150,000-$500,000 Feast - $500,000-$1,000,000 Pots will be consisting of multiple patrons, meaning Patrons do not need to donate for the entire Pot Size.