Gotcha. I believe that makes sense. It would be unhealthy for large portions of the ecosystem to be centrally funded long term. Wide sustainability would take a large hit too. We need more funding models. That said, I don't think it's bad for these funds and VCs to exist and be utilized in the beginning, as long as they don't essentially become a requirement for success. They are absolutely fulfilling a need right now.

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Definitely! I guess one time payments to those who applied would make more sense. You applied once got a fat grant and then sorry bro you are on your own instead of splitting into a small portions but let everyone to re apply whenever they feel the need. Just my 5 cents
Sikto's avatar
Sikto 1 year ago
I don’t think anyone is angry, more that people have questions that are not being given adequate answers. Brushing it off and directing people to a website, or having people who are heavily funded, or part of the inner circle of those in question, doesn’t alleviate concerns. VCs and non profits are necessary, of course, but you don’t see the potential for a conflict of interest when a member of a board, is also a VC funding a competitor to those getting grants? Or at the very least, competitors to the VC funded clients self censoring, to keep the lights on and receive grants?
I'm sure it gets tiring always having to explain it. This could be an issue if the board didn't have 9 people voting and it were much smaller. I don't see an issue because Odell wants the same thing that all of us want and has never given me a reason to question his motives or character. Until that changes, I'm going to let him continue on without any fuss. If and when that changes, I'll speak up about it then.
I got first round funding from @npub1atrp...peqt for “social onboarding” client. I pitched the idea all over Nostr last November. Made lots of noise until someone noticed. Now I’m wrapping up first round MVP. Grants from Bitcoin companies are ABSOLUTELY the way to get new Nostr projects off the ground. But the idea MUST to be well thought out, demonstrably impactful, and backed by proven talent. Long term funding? … I haven’t even got to second round yet … but I’m glad Will is speaking up. Decentralization of funding is a real concern. I believe the sources are out there (smaller companies wanting to “show” their Nostr support) to fund great projects. But the “big players” are currently taking up a lot of space.