QF Giving Season Round Results (December 19, 2023 - January 2, 2024)

Hey everyone!

I’m so pleased to finally report that the results from the Giveth “Giving Season” round (December 19 - Jan 2) are in!

As a result of some dapp overload issues it took us longer than usual to catch all the eligible donations & process the data for this round, but we finally made it.

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This holiday-themed “giving” round :santa: was another huge success thanks to the incredible support of Giver NFT holders, projects, sponsors & donors. There was $17,125 raised for verified projects, in addition to the 25,000 USDGLO matching pool.

This is a total of $42,125 over the Giving Season going to verified public goods projects on OP Mainnet to help make an impact in the world! :christmas_tree:

Quick Summary

  • 25,000 USDGLO Matching funds on Optimism Network, made available by our Quadratic Force - Octant, Public Nouns & Glo Dollar
  • $17,125 of additional donations from the community
  • 85 verified projects
  • 211 unique donors
  • 949 total donations
  • 653 eligible donations
  • 90 ineligible donations were found thanks to Gitcoin Passport
  • 19 additional sybil addresses were identified thanks to Trustalabs & our internal data review crew

The final donation amounts to each project, amounts raised & matching funds are summarized here:

Note, to avoid having such a long tail, we decided to bump up the lowest matching projects (who got at least 1 donation) to a minimum of 1 USDGLO.

Sybil Analysis Breakdown

Only donations from addresses with a Gitcoin passport score of 5 more were considered eligible for matching. This made 90 of the initial 949 donations “ineligible”. The remaining donation list was analyzed by Trustalabs who flagged 22 possible sybil addresses. We then manually investigated those donations through block explorers, our own databases, spreadsheets & other on-chain tools, and concluded that 19 were in fact sybils and therefore ineligible for matching.

Donations from verified project recipient addresses (the “purple list”) to projects in the Optimism round were also flagged and considered ineligible to encourage projects to use raised funds to meet their stated goals - and not recirculate them on the platform.

Any ineligible donations were not included in the matching amount calculations.

Feedback

This forum post will be up for 2 business days to leave time for community feedback on the results. Barring any issues in that time, we’ll set up the transaction to send the matching funds out to the project addresses listed in the spreadsheet above.

If you have any feedback on the matching results please leave a comment on this forum post. And if you have any additional feedback on the round, please fill out this typeform.

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Great work giv fam. Its a lot of effort to create this impact. Making the platform, setting the quadratic funding, filtering the sybil, and so much more that is not seeing.

You guys are inspiring, and projects like giveth already are changing the world

4 Likes

Great Work Giveth :purple_heart: and @karmaticacid :palms_up_together:
Thanks for the detailed post and results :partying_face:

4 Likes

Aww thank you so much @xvlad & @refimedellin - it’s great to host rounds with such great verified projects owners like you, and your support & appreciation means to much to me! <3

1 Like