There are 100s of protocols & DAOs that are running their grant programs using a a variety of disparate tools including Notion, Airtable, Google forms, Excel etc.
The lack of a streamlined process makes it hard for the grant managers to effectively run the program – causing delays, missing updates, and builder drop offs.
We’ve built a tool called the Onchain Grants orchestration tools that these grant managers use.
This is a state of the art completely decentralized tool – all the data is stored on chain and the frontend served via decentralized storage networks. We don’t run our own database or servers – making the product completely decentralized, opensourced and composable.
Our partners include all of the top 25 protocols and dapps.
As of today, it is hard or impossible to identify the credentials of the user or builder based on on-chain information.
A critical piece in the web3 future of work is credentials. What has the user contributed to across github, DAOs, Snapshot, grants & bounties completed etc. All of this information if available to grant managers will streamline the process of selection even faster. Not only that, a credentialing system is a huge requirement across the ecosystem. A lot of projects outside Questbook will also benefit from such an infrastructure.
If credentials are available, it will be possible for better discovery of grants. For example, grant managers can give preference to users who have contributed to a certain protocol. If the information is available, UI can be designed to connect the right builders to the right opportunities.
This is a major engineering and product design problem. It’s critical yet an unsolved problem.
All these builders who are building and are awardees of grants are likely very very high quality builders. We will be building a community of these high quality builders. When smart people jam together, magic happens.
These builders will be able to help each other in the community – in such a way that there is a financial incentive to do so too.
Questbook will further help members of this community by building public goods that will be useful for multiple people in the community. Questbook will also provide access to follow on capital via venture funding to the projects coming out of this community.
The entire community’s incentives will be supercharged via a token.