**News Flash: Innovating Public Goods Funding in Web3 🚀**
In the Web3 world, "public goods" are essential but tricky to fund due to decentralization. Key players like Vitalik Buterin and organizations such as Protocol Guild, Octant, Optimism, and Gitcoin are pioneering new models to sustain these digital resources.
- **Protocol Guild Pledge**: Encourages Ethereum projects to donate 1% of their tokens.
- **Octant**: Uses staked ETH to fund impactful community projects.
- **Optimism's RPGF**: Distributes grants based on community voting.
- **Gitcoin**: Uses quadratic funding to support projects, distributing over $60M since 2019.
Could a venture fund model ensure long-term sustainability? Share your thoughts in the comments!