Ideas for bootstrapping ƒractally with Pomelo (Draft)
This was inspired during ƒractally on EOS Brainstorming Session Meeting 4. This page is a work in progress and will more clearly explain the idea soon.
Proposal for bootstrapping Fractally with pomelo from notes from ƒractally on EOS meeting 4:
first mention of Bootstrapping ƒractally with pomelo - https://youtu.be/zPygTuYlKp4?t=2813
explaining a hybrid model with pomelo to Jesse- https://youtu.be/zPygTuYlKp4?t=4125
Related:
Jesse’s proposal: Ƒractally on EOS Network Funding Proposal - Google Docs
My feedback about Jesse Proposal: edencreators.com/fractally-proposal-notes
Meeting 4: Jesse requested that I write this and I think it’s a great idea
In meeting 6 on April 18 (towards the end), Jesse said that Denis from EOS Nation didn’t like the Pomelo idea, but it sounds like Jesse didn’t explain it very well and he encouraged me to write it
I still need to write the idea for bootstrapping fractally on EOS. It is quite simple. I think i explain it well in the video timestamps above and wrote a very brief outline below:
Feedback for Tadas’ Proposal and earliest notes about Pomelo bootstrapping fractally mechanism, Meeting 4
How does the community determine how to value projects?
Tadas mentioned… ‘Pegging ƒractal objective value with Pomelo’
Bootstrapping ƒractal with objective measures already built in with Pomelo
Perhaps proposing an amplifier in matching pool for ƒractals on Pomelo
Then funding could be allocated according to fractals according to will of the people as represented in quadratic funding algorithm
Benefits of Pomelo Bootstrapping Mechanism include:
- Provides incentives for each group to grow, introduce new people to both pomelo and fractally, and allocate support from ENF based upon how many people are supporting on Pomelo
- Provides simple and credibly neutral algorithm that is easy for everyone to understand
- It is simple, proven successful, and already built & operated by the Pomelo team
Regarding Jesse’s thought about nationalism:
- [[Coopetition, competition etymology , cooperation]]
- I responded to this more towards the end of meeting 4. Douglas did too.
What about combining the pomelo mechanism with Jesse’s proposal…?
Ideas for combining Pomelo bootstrapping Proposal with Jesse’s Proposal
Some initial notes/ideas:
Example:
Ask ENF for 1 million EOS
33% distributed via pomelo matching algorithm
33% distributed via amount of participants in Jesse’s proposal
33% distributed via mutual respect in Jesse’s Proposal
Just throwing numbers out there.
Maybe it’s best to make a proposal that only uses Pomelo matching algorithm as I don’t entirely understand Jesse’s proposal yet and I think this could work on its own as well…?
More questions regarding Jesse’s proposal, this Pomelo proposal, and more:
- How is mutual respect formed in the beginning?
- Just with 33% for the English, Chinese, and Korean Eden?
- Or via market dynamics?
- How do we prevent the amount of participants from being gamed?
- Or pomelo being gamed?
- Maybe we need rules?
- Or this solved by just social culture, trust, and reputation?
- How do we verify the amount of participants in fractals?
- By hive post?
- How do we verify that people really attended?
Ideas for empowering Eden communities with voting weight to fund fractals
Eden delegates from all three Edens get voting weight to determine which fractals to fund in their language.
Same ratio as currently for funding where chief delegates get more, but for allocation of funding to fractals.
Maybe too early for that? Idk. Seems helpful to leverage the trust built into Eden and empower delegates with some voting power
Decentralized Voting power for which fractals to fund in each language might be very helpful.
Eventually the fractal can have the voting power, but there is no fractal yet other than the first fractal. Eden has legitimate elections and leaders already in all three languages. So we can start by providing voting power to current Eden delegates to allocate funding to fractals.
The Eden delegates could choose to focus all of the funding to one fractal (Ie the Korean fractal or the Chinese Eden), or members can ask for funding for their own nee fractals that branch off
Maybe combine this proposal with a token proposal that it seems like dan Larimer is creating with exponential decay….
Ƒractally on EOS Network Funding Proposal - Google Docs - Jesse’s Proposal
