Retroactive Public Goods Funding. Note: The Optimism team has long been… | by Optimism PBC | Optimism PBC Blog | Medium

Note: The Optimism team has long been in search of a solution on how to sustainably fund public goods, and we now have the structure of our…

6 min read Jul 20, 2021 -- Note: The Optimism team has long been in search of a solution on how to sustainably fund public goods, and we now have the structure of our first experiment thanks to a brilliant design by Vitalik Buterin. This post is a collaboration with Vitalik as a guest author in section 2. It’s insanely hard to build an ambitious project with no business model. It’s hard to get funding, to hire the best, and to persist through the hardships and obstacles of creating something great. Startups are notoriously difficult challenges even with ample investment funding: the…

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