Profile of fractalvisions in Optimism

Posts by fractalvisions

• Retro Funding 5: Announcing Guest Voter Participation by FractalVisions - No Role
  Posted on: July 13, 2024, 5:26 p.m.
  Content: Thanks for the great opportunity. We have been part of the optimism ecosystem for over two years and look forward to becoming voters during the process in the other rounds. We will not be participating in those rounds as we are just finishing up with round four for the builders.
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  Likers: Sirlupinwatson
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• Gene - Delegate Communication Thread by FractalVisions - No Role
  Posted on: May 17, 2024, 3:11 p.m.
  Content: Welcome :pray: to the OP collective…! The future is looking very optimistic. Can you tell us a little bit about your track record history in the space or when you first discovered blockchain technology?
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  Likers: gene
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• [FINAL] Governor Update Proposal #2: Improvements to advanced delegation allowance calculations by FractalVisions - No Role
  Posted on: May 17, 2024, 3:08 p.m.
  Content: Agora: Since it’s launch in December of 2023 , delegates using advanced delegation, especially those who received delegation using absolute and relative amounts, could have ended up with less voting power than they should have had. We identified this and other related cases where recorded votes were preventing correct calculation of voting power, which resulted in the additional tests and the logic refactor being proposed. This is interesting. Is there any difference in the results of the votes that were affected by this ? We want to know how significant of an impact this had on the outcome.
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• Governor Update Proposal #2: Improvements to advanced delegation allowance calculations by FractalVisions - No Role
  Posted on: May 17, 2024, 3:08 p.m.
  Content: Agora: Since it’s launch in December of 2023 , delegates using advanced delegation, especially those who received delegation using absolute and relative amounts, could have ended up with less voting power than they should have had. We identified this and other related cases where recorded votes were preventing correct calculation of voting power, which resulted in the additional tests and the logic refactor being proposed. This is interesting. Is there any difference in the results of the votes that were affected by this ? We want to know how significant of an impact this had on the outcome.
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• Introducing $REGEN by FractalVisions - No Role
  Posted on: May 17, 2024, 2:49 p.m.
  Content: $REGEN outlines a project that seeks to prioritize impact over profit by creating a culture coin to promote and reward regenerative activities, such as supporting public goods and environmentally mindful initiatives. Here are several points that need further clarification to ensure the project genuinely aligns with the principle of prioritizing impact over profit: Token Distribution and Incentives: The post mentions that $REGEN will be distributed primarily through airdrops based on ‘Proof-of-Regen’ activities. It would be useful to know more about how these airdrops are funded and whether any pre-mined tokens are reserved for the team or early investors. This can clarify whether the project team might profit from increased token value. Non-Profit Assurance: To avoid the perception that the team is capitalizing on token holders, a clear statement on whether the team or developers hold any $REGEN tokens, and if so, how these are managed, is necessary. Transparency in this area can reinforce the project’s commitment to impact over profit. Impact Metrics: Details on how the project plans to measure the impact of $REGEN activities would provide a concrete way to assess its success. Metrics could include the number of public goods funded, the amount of Gitcoin grants supported, or other quantifiable impacts on the ecosystem. Economic Model: A description of the economic model behind $REGEN, including any potential revenue streams and how these funds will be used to further the project’s mission, would help in understanding the sustainability and true focus of the initiative. For example, will any transaction fees be used to fund additional regenerative activities? Community Involvement: Information on how the community can participate in decision-making processes, perhaps through a decentralized autonomous organization (DAO), would emphasize the project’s commitment to decentralization and community-led impact. This ensures the community benefits directly from their contributions and the project’s success. The forum post outlines ambitious goals for the $REGEN project to create a positive impact, further details on token distribution, non-profit assurance, impact metrics, economic model, and community involvement are crucial. These elements would help verify that the project genuinely prioritizes impact over profit and provides tangible benefits to the broader community without unjustly enriching the project team. REGEN Funding Mechanics Retroactive Public Goods Funding Retroactive Public Goods Funding (RPGF) is a concept aimed at rewarding projects based on their demonstrated impact rather than their predicted potential. This method, championed by Vitalik Buterin and implemented by the Optimism Collective, emphasizes that it is easier to evaluate the usefulness of completed projects rather than predicting future success. The principle is to allocate funds to projects that have already proven their value, thereby encouraging the creation of public goods by providing retroactive rewards Retroactive Public Goods Funding - P 2 P Foundation 1 Badgeholder learning materials - Retro Funding - Optimism Collective. In evaluating the $REGEN project, it’s essential to see if it aligns with RPGF standards, which focus on rewarding impactful contributions after they have been demonstrated. Here’s how $REGEN fits: Proof-of-Regen Mechanic: $REGEN plans to distribute tokens based on previous contributions to public goods, such as donations to Gitcoin and Giveth. This aligns with RPGF’s emphasis on rewarding past impact rather than future promises. By allocating initial token distribution to verified contributors, $REGEN ensures that those who have already made meaningful contributions to public goods are recognized and incentivized Retroactive Public Goods Funding - P 2 P Foundation 1 . Iterative Airdrops and Tipping System: The project includes mechanisms for continuous reward based on ongoing contributions. These airdrops, following lunar cycles, and a tipping system that allows users to reward each other for impactful actions, are designed to perpetuate a cycle of recognition and reward for tangible contributions. This method ensures that the community can dynamically allocate rewards based on actual contributions, in line with RPGF principles Badgeholder learning materials - Retro Funding - Optimism Collective. Decentralized Social Graphs and Coordination: $REGEN utilizes decentralized platforms like Farcaster to facilitate coordination and growth among contributors. This decentralized approach supports the RPGF goal of broad participation and decision-making, reducing the risk of capture and ensuring that a diverse group of contributors can influence reward distribution Badgeholder learning materials - Retro Funding - Optimism Collective. $REGEN’s approach of using retroactive rewards based on demonstrated impact and facilitating decentralized coordination aligns well with the standards of Retroactive Public Goods Funding. This ensures that the project prioritizes genuine contributions to public goods over speculative future benefits, thus adhering to the core principles of RPGF. Long Term Outlook For the $REGEN token to effectively contribute to regenerating our planet, it must adhere strictly to the standards of Retroactive Public Goods Funding (RPGF). Upholding these standards is critical for several reasons: Credibility and Trust: Transparency and Accountability: Adhering to RPGF principles ensures that $REGEN rewards are based on verifiable, impactful contributions. This transparency fosters trust within the community and among stakeholders, ensuring that the token is seen as a legitimate tool for environmental and social impact rather than a speculative asset , Badgeholder learning materials - Retro Funding - Optimism Collective Retroactive Public Goods Funding - P 2 P Foundation 1 . Consistency with Public Goods Ethos: The core idea of RPGF is to support projects with proven value, thereby aligning financial incentives with genuine public good. By consistently applying this standard, $REGEN maintains its integrity and avoids the pitfalls of projects that promise much but deliver little, which could tarnish the overall movement Badgeholder learning materials - Retro Funding - Optimism Collective. Long-Term Impact: Sustainable Growth: By rewarding past contributions, $REGEN incentivizes ongoing, meaningful engagement in regenerative activities. This sustainable model helps ensure that the project grows organically and remains focused on its mission of environmental regeneration and social good Retroactive Public Goods Funding - P 2 P Foundation 1 . Ecosystem Building: RPGF supports the development of a robust ecosystem where contributors feel valued and motivated. This encourages more participation and innovation in regenerative practices, amplifying the impact over time Badgeholder learning materials - Retro Funding - Optimism Collective. Protecting the Movement’s Reputation: Avoiding Negative Connotations: Any deviation from these standards risks creating negative perceptions around the word “regen.” If $REGEN were perceived as a project prioritizing profit over impact, it could undermine the broader regenerative movement. This would be detrimental not only to $REGEN but to all initiatives striving to create environmental and social good Badgeholder learning materials - Retro Funding - Optimism Collective Retroactive Public Goods Funding - P 2 P Foundation 1 . Positive Role Model: Successful adherence to RPGF can position $REGEN as a role model for other projects. This sets a high standard for new initiatives, fostering a culture of accountability and genuine impact within the broader community focused on planetary regeneration. Global Movement Implications: Symbol of Commitment: $REGEN represents a commitment to using blockchain technology for the greater good. Upholding RPGF standards reinforces this commitment, signaling to the world that the crypto community can be a powerful force for positive change Badgeholder learning materials - Retro Funding - Optimism Collective. Preventing Disillusionment: Failing to maintain these standards could lead to disillusionment among supporters and participants, weakening the collective effort needed to tackle global environmental challenges. It is crucial for $REGEN to exemplify the values of transparency, accountability, and impact to sustain momentum and support for the regenerative movement. In essence maintaining the standards of Retroactive Public Goods Funding is vital for $REGEN to fulfill its mission of planetary regeneration effectively. This adherence not only builds trust and ensures sustainable growth but also protects the integrity of the broader regenerative movement, which is essential for achieving meaningful environmental and social impact.
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• Introducing $REGEN by FractalVisions - No Role
  Posted on: May 17, 2024, 2:18 p.m.
  Content: It looks as if your account was made recently. Is this your first project related to the optimism network personally?
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• Introducing $REGEN by FractalVisions - No Role
  Posted on: May 17, 2024, 2:06 p.m.
  Content: FractalVisions: What about the token $REGEN that already exists? This is the main question that has been asked by others about this project. IMG_ 61551125 × 1025 246 KB It seems like there is some other members of the web 3 community asking this that didn’t get a clear response. IMG_ 63741125 × 459 61 . 5 KB Here are a few more statements that were made by others online in a conversation about the other Regen Network that already exists. IMG_ 63751125 × 979 95 . 5 KB IMG_ 63761125 × 505 80 . 2 KB Thanks :pray: Anon. Glenn Little II & Alicia Rockafellow Cofounders of Fractal Visions IMG_ 63364032 × 3024 3 . 75 MB
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  • mel: regm Thanks for the reply I’m mel (@innvertir), a dev and community builder, currently leading development for the regen.tips project. In case that the intent of the project wasn’t clear in the original post, $REGEN will be a fun rewards system to encourage regens to be and bring more regens. The ‘Introducing REGEN’ blog post also provides a great introduction. Nico has addressed the question regarding Powerbald and LottoPGF with great detail. Regarding the Regen Network project: There is a $REGEN token that governs Regen Network - a cosmos SDK based blockchain and platform to originate / invest in high-integrity carbon + biodiversity credits from ecological regeneration projects (https://www.regen.network/) $REGEN on Optimism (the subject of this forum post) is not directly affiliated with Regen Network. They are pioneers within the Regen/ReFi space, and as true regens both projects are exploring the best ways to collaborate for mutualistic benefit. I hope this answers your questions, if there’s any more please share!
• Season 6: Grants Council Operating Budget by FractalVisions - No Role
  Posted on: May 17, 2024, 11:15 a.m.
  Content: Bumping this post for more visibility so hopefully other delegates will follow suit and vote in the poll here.
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• Forum Redesign Feedback by FractalVisions - No Role
  Posted on: May 17, 2024, 11:13 a.m.
  Content: We have to keep going to the latest tab to find unread posts.
  Likes: 1 Replies: 0
  Likers: DanSingjoy
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• Gene - Delegate Communication Thread by FractalVisions - No Role
  Posted on: May 17, 2024, 11:11 a.m.
  Content: Welcome :pray: to the OP collective…! The future is looking very optimistic. Can you tell us a little bit about your track record history in the space or when you first discovered blockchain technology?
  Likes: 1 Replies: 0
  Likers: gene
  No replies yet.