Today, I informed everyone @Web3foundation that I will be transitioning out of the CEO role over the coming weeks. It’s been an incredible journey leading W3F for the past 15 or so months. We changed course significantly with a focus on being lean, nimble, decisive, and in service of the @Polkadot ecosystem.
I will continue supporting this mission in a new role as a council member and as an advisor. Big thanks to everyone who has supported but also challenged me during this time. It’s been an honor and looking forward to this next chapter 🫡
medium.com/web3foundation/le…
fabi retweeted
BUIDL Europe is coming next week! We are thrilled to announce @FabianGompf from @Web3foundation is speaking on "Learnings from the largest DAO". 🥳
The full agenda is available at buidleurope.com/
first cohort of the new staking delegation program is here - increasing resilience & ecosystem engagement amongst the @Polkadot validator community
☄️First cohort of the Decentralized Nodes is live! link.medium.com/VO0SVLXTCOb
congrats @seunlanlege and team! big day for @polkadot interop
Today, all of web3 changes forever.
After two years of rigorous research and development, Hyperbridge comes online—as the world's first verifiable, multichain bridge.
hyperbridge.network
fabi retweeted
🎧 NOW LIVE on #SmartEconomyPodcast: Host @GrabowskiDylan chats with @FabianGompf of @Web3foundation about the delicate balance of building versatile platforms versus focusing on specific use cases. Tune in for the full episode!
Previous eps: bit.ly/3XZAUWc
New DV cohort, some more significant changes:
* quality over quantity of delegates
* dot-based rewards for delegates
* merging the dot & ksm program
* clear guidelines around CoI
* longer delegation periods
* orgs/daos/collectives over individuals
Applications are open now!
Decentralized Voices - Cohort 3 have been announced!
link.medium.com/VLC0GlJZ0Mb
fabi retweeted
🔜 Next on The Smart Economy Podcast: Dive into the world of Polkadot with @FabianGompf of @Web3Foundation. Host @GrabowskiDylan explores Polkadot's origins and its role in shaping the blockchain landscape.
Catch previous eps: bit.ly/3JGOxBK
The new ecosystem fund makes its first move. @hyperbridge_ will be a crucial part of @Polkadot's interoperability infrastructure going forward.
We've secured $2.5m in funding from @Web3foundation and @scytaledigital to build the endgame of interoperability.
Hyperbridge sets a new standard: secure and verifiable interoperability, by combining advanced zero-knowledge cryptographic and cryptoeconomic protocols.
1/6🧵
fabi retweeted
Episode 162: Polkadot’s Past, Present, and Future with Fabian Gompf of the Web3 Foundation
@AndrewY_SX @FabianGompf @Web3foundation @Polkadot @NinepointDAG @Ninepoint
Watch on YouTube: bit.ly/3ZfBu3d
0:00 Introduction
1:56 Fabian’s Journey
5:22 Web3 Foundation’s Role
8:00 What is Polkadot?
10:40 Evolution & State of Play
19:46 Polkadot’s JAM Chain
25:13 DeFi on Polkadot
29:28 DOT Token Functionalities
35:40 Most Exciting Areas in Year Ahead
41:24 Learn More
41:43 Conclusion
Lots of discussions about $dot token inflation in the @Polkadot community lately. Now have a structured approach to the topic and a way to vote on-chain.
I've started multiple Wish-for-Change referenda proposing different changes to the economic parameters of #Polkadot. These referenda are a result of long and extensive discussions in the community and are now up for voting.
Proposal 1 (10% constant inflation): polkadot.subsquare.io/refere…
Proposal 2 (8% constant total inflation): polkadot.subsquare.io/refere…
Proposal 3 (8% total inflation in the first year, then gradually decreasing): polkadot.subsquare.io/refere…
The goal is that we use the WFC that gathers the most AYE votes (and is approved) as a promising candidate for a future root referendum that changes the parameters on-chain.
Note: The result of the WFCs are not binding (i.e., they are not automatically executed on-chain) but rather serve as a valuable signal on the social layer for a future root referendum that implements the respective changes.
fabi retweeted
1/7 We're thrilled to announce The Blockspace Symmetry —a 72-hour multi-chain hackathon part of @Web3summit, bringing together diverse builders from multiple ecosystems.
Join us August 19-21 in Berlin & immerse yourself in a hack like no other.
🧵A thread on what to expect:
fabi retweeted
🎉We're thrilled to announce that @PaperMoonIO has received a Decentralized Futures grant from the @Web3foundation !
🏗️This grant will enhance the @Polkadot ecosystem by significantly improving developer documentation and overall experience. Exciting times ahead for #Polkadot devs! 🚀
👀Learn more: medium.com/web3foundation/de…
.@PaperMoonIO has been awarded a Decentralized Futures grant from the Web3 Foundation. This marks a significant step towards enhancing the #Polkadot ecosystem by improving the developer experience! medium.com/web3foundation/de…
fabi retweeted
🚀.@scytaledigital Announces New @Polkadot Ecosystem Fund set to begin on October 1, 2024, aimed at leveraging the Polkadot network's potential by investing in early-stage blockchain and crypto startups scytale.digital/blog-posts/s…
It’s worth saying a few things here:
1) This is not @Web3foundation spending but on-chain treasury spending voted on by the community. The foundation has a >>5 year runway without selling a single DOT.
2) The whole notion of a “runway” for the on-chain treasury is misleading. The treasury has continuous inflows. It’s never going to run out of funds.
3) IMO the treasury *should* spend its funds on more “out there” initiatives not covered by the foundation. Some of the unspent on-chain treasury funds are even automatically burned.
I personally agree with the overall sentiment here though. In the last months, the on-chain treasury has spent too much on what are likely low ROI activities. @Polkadot community - time to vote if you want change.
fabi retweeted
The Decentralized Futures Program is now closed: futures.web3.foundation/. We received exactly 250 applications! Thanks to everyone who participated!
fabi retweeted
Web3 Summit 2024 is just around the corner!
📅August 19-21, 2024.
🏡Funkhaus Berlin.
🎫Secure your ticket here: web3summit.com