get in loser, we're creating a new category: onchain capital allocation
onchain soon tm
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it didnt work out, and now we're winding down the project. energy will be 100% focused on rebuilding gitcoin from here.
thank you to everyone who believed 🙏
gov.gitcoin.co/t/announcemen…
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🎉We're LIVE on @pgn_eth testnet, @optimismFND Goerli, Sepolia & Goerli testnets
📄 Full docs coming soon 👀 In the meantime, check out the contracts👇
github.com/allo-protocol/all…
🤖 Interested in building with us? Sign up for our weekly Core Devs call👇
forms.gle/ViR93B8LRUgoUebN7
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🚀 Exciting News! Allo Protocol v2 is now LIVE on mainnets, empowering communities to own and invest in their shared spaces. 🌐 It's all about transparency, inclusivity, and innovation on a wider scale. Let's dive into what’s new in Allo v2! 👇
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1/ ☀️⛲ Allo Summer is going strong & we’re excited to officially announce Allo v2 ⛲☀️
If you caught up with us in Paris, you likely heard about our plans for this next phase. Read on for full details & blog post from Product Lead @heynate_g 👇 🧵
gitcoin.co/blog/introducing-…
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🚀 Big news today! We're joining forces with @CeloOrg by launching on the's Alfajores testnet💥
🧵Read on for details about why we’re so excited about our continued partnership with Celo👇
Full blog post by @0xZakk here: gitcoin.co/blog/allo-live-on…
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Allo 🤝 @CharmVerse 🤝 @gitcoin
Grantees, claim your CharmVerse spaces and subscriptions today
(Devs, talk to us about how this is powered by the Allo Project Registry, which makes it possible for project owners to create profiles and build reputation over time)
🌍 Passionate about making an impact in web3? We are too!
Together with @gitcoin, we're paving the way for projects that can change the world
🎁 Applied for Gitcoin Grants 18? Claim your exclusive CharmVerse space NOW and enjoy a 1-year FREE subscription to CharmVerse
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By pooling donations and distributing them based on community support, the Universal Impact Pool by @endaomentdotorg democratizes philanthropy using Allo Protocol, allowing donors at all levels to participate in a large-scale, impactful giving process 🎉
That's a wrap for Q1 distributions of the Universal Impact Pool! Over $29k in matching funds is headed to 70 hardworking nonprofits.
Dive into the details → endaoment.org/universal?utm_…
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How can devs start building on @AlloProtocol?
Our testnet is live!
We're also looking for feedback on our documentation.
Allo Product Lead @heynate_g explains:
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The great @heynate_g on the @FundingCommons mainstage yesterday talking about the many ways communities can use @AlloProtocol to fund what matters to them 🔥
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the ALLO DAO design contest is poppin' off research.allo.capital/c/dao-…
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It's been a busy S19 in Allo land 🏗️ Here's a quick rundown of everything we've been working on 🧵
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There's a new home for all things Allo: allo.gitcoin.co/
Follow us here at @AlloProtocol for updates when we add new resources for communities and developers.
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.@AlloProtocol gives developers tons of flexibility on how to build apps that allocate money in a community-led way.
This is one of the biggest improvements of our V2 protocol: it unlocks new allocation strategies.
Allo Product Lead @heynate_g explains:
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You might be wondering:
What is so exciting about @AlloProtocol V2? What value does it bring to the world?
Product Lead @heynate_g succinctly explains:
1/ ☀️⛲ Allo Summer is going strong & we’re excited to officially announce Allo v2 ⛲☀️
If you caught up with us in Paris, you likely heard about our plans for this next phase. Read on for full details & blog post from Product Lead @heynate_g 👇 🧵
gitcoin.co/blog/introducing-…
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Introducing the Universal Impact Pool - a new way to amplify charitable giving with the power of Quadratic Funding in collaboration with @endaomentdotorg
Read on to learn more about what it is and why it matters 🧵👉
Donate today via
app.endaoment.org/universal
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That's a wrap on @FundingCommons day 1
If you didn't have the chance to catch @0xZakk's talk today, be sure to reserve a spot for his upcoming AMA all about Allo ⛲️👇
rb.gy/5pchj
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More news for builders! We're sponsoring the @Permissionless Hackathon happening Sept 9-10 ⛲
Join @blockworks @bankless @buidlbox and @404DAO as we Hack 4 Good in Austin, TX
Apply today: blockworks.co/event/permissi…
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Capital allocation should be easy, but it's not. Funds often get stuck 🚧
We're working on fixing that with a library of allocation mechanisms like quadratic funding & beyond. All plug & play, for anyone to use⛲️
Op-ed: Let’s talk about @gitcoin – the silence around open source funding is deafening
To build a decentralized internet, we cannot rely on centralized funding alone.
via @akibablade #Oped #Gitcoin
cryptoslate.com/op-ed-lets-t…
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11/ Allo opens the door to new possibilities in capital allocation, empowering communities to allocate pooled funds. Stay tuned for more updates + join us on this journey of innovation + collaboration!
Read the blog post version of this announcement here: gitcoin.co/blog/allo-gitcoin…
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Paris, here we come 🇫🇷 Here's where to catch team Allo next week ⛲️👇
7/15: Head of DevRel @0xZakk is leading a workshop at @FundingCommons
7/18: @0xZakk & @gitcoin Head of Eng @kevinrolsen are speaking at @EthCC
7/17-7/19: @schellingpoint_ Sessions at the @gitcoin house
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Calling all builders! 🏗️ We can’t wait to see what we can create together. Check out the official announcement for more information on v2, our docs, and some of our best community-sourced ideas for builds on Allo 🚀
gitcoin.co/blog/allo-protoco…
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Today we're launching a Streaming Quadratic Funding pilot in partnership with @thegeoweb @Superfluid_HQ and @gitcoinpassport
This is an experiment in real-time quadratic funding
Today is a huge day on the Geo Web: we’re launching the Streaming Quadratic Funding Pilot w/ @superfluid_HQ & @alloprotocol by @gitcoin. SQF is a novel implementation of QF that is *funded* & *distributed* in real-time.
It’s effectively like running a QF round every second.
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1/ We at @Gitcoin are thrilled to share more about Allo, a protocol revolutionizing onchain capital allocation.
In this thread, we'll dive into the details and explore the possibilities it brings for you and your community.
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The @FundingCommons Fund Public Goods hackathon is still going strong! ⛲️
For those of you who haven't started, you've got until 8/31
We've got 4 challenges live. Let's dive into Challenge 1: Best Review & Evaluation Tool 🧵👇
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Catch @AlloProtocol Product Lead @heynate_g 's talk "Empowering Communities to Invest in Their Future" on the @fundingcommons FTC Berlin mainstage today at 4pm CEST / 10am EST 👀
Tune in to the livestream here: app.streameth.org/funding_th…
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2/ Gitcoin has been a driving force behind Quadratic Funding (QF) and grants in the web3 ecosystem. To date, we've distributed $50M+ via our grants program, making an estimated impact of $29.2 billion. Our past grantees include projects like Uniswap, Optimism, + Dune Analytics.
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Big news from our friends @dripsnetwork today 🎉
1/10 🌟 Today we’re thrilled to unveil the next iteration of Drips 🌟
Drips is a decentralized toolkit for funding public goods, that builds on the interdependence of software projects & people.
💧drips.network/💧
Here’s everything you need to know 👇
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Allo 🤝 Lens
Exciting collab between @alloprotocol & @lensterxyz at @EthCC
1) Tips on social media for those who post valuable content
2) QF matching pool distributed to content creators
Imagine running a QF round on @gitcoin or @Giveth while simultaneously rewarding social posts about it.
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4/ With Allo, the design space for fund allocation mechanisms becomes expansive. It enables a wide range of use cases and fosters innovation. Ex: you could establish an always-on grants program using the Aqueduct contract, which continuously pools funds based on your settings.
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We've heard Berlin is pretty nice in September...👀👀
Calling all builders and hackers for Funding the Commons Berlin Residency! 📣
📆 September 1st-30th 2023
🤝 Collaborate with like-minded individuals on public goods funding
💻 Open to Web2 and Web3 builders + projects
Learn more 👉 tinyurl.com/BerlinRes
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3/ Allo, powering @GrantsStack, allows anyone to run a QF round + build novel tools for capital allocation. It started as the backend for Gitcoin's QF rounds, but we've learned that communities have diverse fund deployment goals. This led us to develop Allo as a modular protocol.
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5/ Using Allo's allocation mechanisms, such as quadratic voting, community members can submit proposals + vote on fund distribution. Once the voting concludes, 1 click enables you to distribute the funds. This empowers your community to actively participate in decision-making.
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We're in the midst of a collab with the team at @impact_stream for a fun project coming your way soon 👀
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@0xZakk was on the @EthCC main stage today talking about the problem of capital allocation, how Allo works & what you can do with the protocol ⛲
Rewatch the livestream here: piped.video/watch?v=dvVG-2Zg…
Builders, our DMs are open 🛠️
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@schellingpoint_ Sessions at the @gitcoin house start today! Come talk to us about building ⛲️
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It's time for Gitcoin Grants!
(ICYMI, runs on Grants Stack, built on Allo ⛲️)
#GG18 Applications are OPEN! 🎉
Head to grants.gitcoin.co to apply today 🫡
NOTE on supported networks: All core rounds will be on Optimism besides the Core Eth Infra round, which will be on @pgn_eth. You can create your grant in @GrantsStack Builder on any network and then apply on the appropriate network.
REMEMBER: It's a two-step process. You need to create your grant in Builder, then apply to a round. Visit the grantee portal for all the resources you need:
community.gitcoin.co/gitcoin…
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7/ At the lighter end, Allo envisions quick-use mechanisms for small-group decision-making. By pooling funds and utilizing a mechanism, members can easily decide on matters like dinner or vacation destinations without lengthy text threads.
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6/ Another possibility is creating a wrapped voting system that integrates w/ your existing products. By treating predefined actions (e.g., minting an NFT, staking a token) as votes, you can distribute funds to projects receiving the most actions. This enhances engagement.
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3/ 📚 Project Registry for Decentralized Trust: The Project Registry builds trust between builders and communities. It simplifies project registration, enables on-chain reputation-building, and supports proven initiatives.
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If you're heading to @eth_barcelona this week, come hang with us and the @endaomentdotorg crew
Bonus points for finding @0xZakk and sharing your big ideas to build with Allo
RSVP details👇
Coming to @eth_barcelona?? Come join us, @gitcoin and @alloprotocol on 7/5 for A Universal Impact Pool Party!
We'll have tapas, and drinks curated by @thirstythirsty8. views of Gaudi and more...
Limited capacity. RSVP required.
partiful.com/e/R5snVwXD51MNc…
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6/ 🛠️ Easy-to-Use SDK: Developers, Allo offers a user-friendly SDK to simplify building with Allo. Unleash your creativity and harness Allo's resource allocation mechanisms to create innovative solutions!
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10/ After going live, Allo will expand to different networks, showcasing the exciting use cases built on the protocol. Keep an eye out for events tied to EthBarcelona, EthCC, Funding the Commons, Permissionless, EthBerlin, and Devconnect. Follow us here for partnership opps.
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5/ 🔗 Multi-Chain Compatibility: Allo is deployed on multiple chains (Eth Mainnet, Optimism, Arbitrum, Celo, PGN). Use it on your preferred blockchain network for broader accessibility.
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2/ ✨ Simple, Flexible Strategies: Allo's composable strategy contracts make refining resource allocation a breeze. Customize allocation strategies to align with your community's goals and values. Flexibility at its finest!
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4/ 🌐 Best-in-Class Data Availability: Allo Protocol teams up with Spec for top-notch data availability. Efficient and reliable data ensures the platform runs smoothly.
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1/ 💰 Pools for Precision Allocation: Allo v2 introduces dedicated pools for targeted funding allocation. Communities can now distribute resources with laser-like precision, supporting open-source software, charities, and more. 💡 #ResourceAllocation
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Thanks for having us @FundingCommons!
Reflecting on the incredible moments of community and connection at our Paris event.
At Funding the Commons, we believe in the power of coming together, sharing knowledge, and building meaningful relationships.
#FTCHackathon
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Four protocols came together to make this proof-of-concept possible:
@thegeoweb - land claims fund the matching stream
@alloprotocol - allocating funds to grantees and updating the matching stream
@gitcoinpassport - defending against Sybils
@Superfluid_HQ - individual donation streams and the matching stream
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13/ For everything else Allo, check out allo.gitcoin.co/
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12/ We’re opening up our dev community to those who want to shape the future of Allo v2 with us. Fill out the below form to get involved 🛠️👇
forms.gle/6kHjAtcfZtRPzmsZ9
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9/ We will share more information about Allo throughout the summer, gradually unveiling the protocol. Look forward to the release of a whitepaper and the latest protocol version. We'll involve the community in the audit, testnet deploys, and eventually the mainnet launch.
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8/ Allo's flexibility extends to fund distribution methods. Large grant programs, RFPs, + investment programs can leverage milestone-based payouts, ensuring work completion before unlocking funds. Additionally, the protocol seamlessly integrates with other web3 payment tools.
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🚀
📆SAVE THE DATE 📆
🎉Gitcoin Grants 18: Aug 15-29, 2023🎉
Mark your calendars for #GG18! Applications open on August 1st – be on the lookout for more details to follow 🫡
Let’s Fund What Matters. Together 🍃
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We beautified v2 and got the protocol ready for audit. It's currently under the watchful eyes of our friends over @sherlockdefi. Coming to a mainnet near you next month!
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Allo Ships - 1/24/24
research.allo.capital/t/allo…
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Unclear roles & decision rights can be a major blocker to efficient, transparent resource allocation, grants or otherwise
Congrats to our friends at @hatsprotocol who are actively solving for this with tools that are easy to use & easy to integrate
More to come on Hats 🤝 Allo
Put on your party hats... Hats Protocol and the Hats App v2 are now live & ready to use! 🥳
Give revocable roles and authorities to your people and code, save time, and get things done.
What makes Hats the ultimate coordination tool? ohhh baby, here we go...
1/15
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9/ The Project Registry is where fund allocators and recipients build trust. Assign unique addresses to identities for NFTs, EAS attestations, and more, all securely and reliably 🔒
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This is just one of many ways Allo will enable communities and builders to easily incorporate community-based allocation mechanisms ⛲️
Learn more about our vision here:
gitcoin.co/blog/allo-gitcoin…
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.@Gitcoin's twitter account has been compromised do not click on anything posted on that account.
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We are building a hybrid research org, software studio, and venture fund.
We are catalyzing a network of hackers, thinkers, and doers, to help fund what matters in the 21st century.
We connect builders and funders.
Our offerings:
For Funders: Git Upside in the Best Innovations.
For Builders: Git Funded, Distribution, Education, Acceleration.
For Everyone: Accelerate the Design Space of Onchain Capital Allocation.
Roadmap:
Near Term: Summoning Ceremony - Q1(ish) 2025.
Medium Term: Fund Builders of Onchain Capital Allocation Infrastructure.
Long Term: Build the Capital Allocation Layer of the Tokenized Internet.
Alignment:
We've taken great care to align @gitcion and @allo_capital around shared success, and they are design to interoperate by sharing intelligence, distribution, $$$, software and talent.
Over time, we hope to see this network grow into a DAO of DAOs that rises and falls together. A mesh network of coordinating profitable entities to solve the worlds capital allocation problems at scale.
If you want to get involved, or learn more, checkout allo.capital
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Summoning Ceremony videos are up!
piped.video/@Allo.Capital
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Not to mention a few exciting v2 integrations with some of our friends. @heynate_g has the full story for you over on the Gitcoin gov forum
gov.gitcoin.co/t/allo-s19-pr…
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10/ You can learn more about the Allo v2 core components from the EthCC talk by Allo's Engineering Lead @0xZakk 👇 piped.video/watch?v=dvVG-2Zg…
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Biggest round ever @grantsstack means biggest round ever on Allo!
Thanks to everyone who made it happen 🙏
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SO, GO BUILD! We can't wait to see what you come up with. Those of you looking to join our Allo Core Devs community, fill out this form 👇
forms.gle/qaurqf3N3rhF5iLr9
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We're thrilled to see this partnership come to life and look forward to seeing the UIP expand 🚀
Read more here:
endaoment.mirror.xyz/EXi2QTH…
Donate today: app.endaoment.org/universal
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3/ We laid a new foundation with Allo v2 because we believe this modular infrastructure is crucial to unlocking the modern digital community’s ability to invest in itself 🌀
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This is useful for building new ways of allocating & distributing grants, like:
- using donation-to-vote QF for lump-sum grants (like @gitcoin does)
- using @hatsprotocol to create & manage a grants committee
- distributing funds as a milestone-based payment or a @Sablier stream
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8/ The Pool Manager (the Allo Core contract) acts as a dot connector between the main functions of Allo (registering recipients, allocating funds, distributing funds) & the earmarked pool of funds 🔄
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💡What’s next? We’re planning some exciting builder activities leading up to our mainnet launch. If you’re interested in joining our developer community, take a minute to fill out this form 👇
forms.gle/G4KoE34aT7esch8n8
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We're going to be on a Twitter Space in just a few hours to talk more about the details and we'd love to see you there:
The Streaming Quadratic Funding Pilot goes live tomorrow!
Join @Superfluid_HQ, @alloprotocol, @gitcoinpassport, & us at 1800 UTC for an intro to this new, real-time public goods funding mechanism!
nitter.app/i/spaces/1MYxNozLqywKw
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The Fund Public Goods hackthon ends on August 31 which gives you about 2 more weeks to make your idea happen. Remember: judges evaluate design, innovation, tech prowess, and utility.
Read the full details and get started here: app.buidlbox.io/ftc/fund-pub….
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We also have 3 other challenges happening, which you can find here: app.buidlbox.io/ftc/fund-pub…
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5/ In Allo v2, we’re building an arsenal of plug-and-play mechanisms for earmarking capital, decision making, deploying & managing project reputation to make these processes as streamlined as possible, so you can set your funds free 🌊
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gm 🍃 The @gitcoin account is on lockdown, and we are actively working on regaining access. Other channels and our sites are safe 🙏 We will keep updating you as the situation progresses.
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There's still time to enter the @FundingCommons Fund Public Goods hackathon
Which means it's time for us to share details about another challenge we're running: the Novel Grants App Prototype ⛲️
Enter here and read more 🧵👇
app.buidlbox.io/ftc/fund-pub…
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7/ The atomic unit of Allo v2 is the Allocation Strategy: a custom contract for defining your allocation mechanism, voting structure & payout choices—enabling virtually endless possibilities 🔄
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Did someone say v2? 👀🔜
We're excited to announce Zakk Fleischmann will be hosting his workshop 'Designing and building allocation and distribution strategies for Allo v2' at #FTCParis. Don't miss this!
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4/ Today’s tools make it easy to pool and safeguard capital, but bottlenecks make it difficult to deploy that capital to the things our communities care about🫂
Allo v2 empowers groups to allocate pooled capital efficiently and transparently, onchain & easily audited ⛲️
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Launched our first SDK for v2 — h/t to the @grantsstack team for helping scope it out. github.com/allo-protocol/all…
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2/ The inspiration for Allo came from years of running the grants program at @gitcoin & a desire to open source the entire process 💚
As we put the finishing touches on Allo v1 we realized the opportunity for resource allocation tooling is much bigger than grants 🔹🔷
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