Encointer requests retroactive funding for its expenses in Jan-Jun 2024
The amount of the proposed spend is CHF 77’500 ≃ 87’188 USD ≃ 3’904 KSM for 6mt operations
Encointer is a common-good chain on Kusama laying the foundation of a more democratic and more inclusive web3. Its secure and decentralized sybil-resilience protocol enables local communities everywhere to generate their own, autonomous local currency, and use it to stimulate the local economy.
Main achievements in 2024 so far
- Community development and continued growth of Nyota in Tanzania
- Adoption of Encointer faucet
- Prototype for democratic community governance (vote weight based on personhood confidence, not funds)
- Decentralization of infrastructure
Also, some insights and learnings from 2 years Leu Zuerich community: brenzi's EthereumZuri.ch presentation