Hi @LuukDAO, thank you for the detailed and thoughtful proposal! Looking forward to continuing to work together with Celo PG to accelerate Celo Ecosystem.
Few questions to add some additional context. Can you please share more details about Gitcoin program? Given that 100k cUSD + 150k CELO is a large ask proportionate to the rest of the budget can you expand on what are some results you are expecting from this funding?
It would be helpful to know more about the types of projects that might receive this funding and how they are contributing to Season 1 Intent. Specifically, what is the benefit of funding ecosystems like Creciemento via Gitcoin rather than through direct sponsorship, which can provide visibility and exposure for Celo aligned with our ecosystem goals. In addition since Celo Africa and CeLatam have also received funding through governance, it could lead to double spend in this category.
Can you please share what is the break down from 100k cUSD and 150k CELO that would go directly to projects via Gitcoin rounds versus costs for the marketing campaigns and infrastructure costs related to Prosperity Pass?
What will happen to the funds if you are not able to gain co-matching and what are the conditions for return of these funds (e.g. what matching are you aiming for to make this call, how will return of funds be handled, etc)? How much would be returned and how much is earmarked to be spent on operation related costs that would not be returned in case of pivoting away from supporting round?