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Introducing FIL ProPGF: A New Era in Community-Led Public Goods Funding for the Filecoin Ecosystem

Today, we are excited to announce the launch of the Filecoin ProPGF prototype, a pioneering on-chain funding program designed to support the development of public goods within the Filecoin ecosystem. This new initiative builds on the success of RetroPGF and aims to create a more transparent, decentralized, and community-driven approach to funding critical projects.

What is ProPGF?

ProPGF is a proactive funding mechanism that identifies and supports both new and existing opportunities for public goods innovation. Working in tandem with RetroPGF, these prospective and retroactive programs will form a comprehensive community-run funding vehicle for public goods in the Filecoin ecosystem. The goal is to foster sustainable projects that align with community needs and priorities, enhancing the ecosystem’s technology infrastructure and user base.

Below is the high-level roadmap for the development of ProPGF. Please remember that we are still in the development phase of this prototype so very much open to feedback. More Specifics on the rollout can be found here.

Phase 1: Prototype → develop the structure and onchain tech stack for the program with Filecoin community feedback

Phase 2: Onchain Community Involvement →incorporate direct community onchain voting for funding recipients in the program

Phase 3: Onchain Funding Mechanism → build in network based funding structures to support the program for the long term

  • Formal applications open the week of March 31st 
  • Application period closes (Late April)
  • Proposals reviewed and early decisions made (Early May)

Key Features of ProPGF

  • Community Governance: ProPGF incorporates a selection committee composed of subject matter experts from the Filecoin ecosystem, ensuring that funding decisions are informed by community insights.
  • On-Chain Transparency: Utilizing tools like Snapshot for voting and Questbook for grant management, ProPGF ensures public, on-chain visibility of applications, reviews, and funding commitments.
  • Incentivized Participation: the full Filecoin community can engage with the review process via Snapshot and apply to be a part of the selection committee

Why Choose ProPGF?

  • Sustainable Funding: ProPGF offers non-dilutive funding options for projects that create high-value public goods within the Filecoin ecosystem, supporting their growth and sustainability.
  • Community Feedback Loop: The program encourages continuous community involvement, ensuring that funding decisions reflect community priorities and needs.
  • Innovation Support: By focusing on both new and existing projects, ProPGF helps drive innovation and development within the ecosystem to create new tools and enhance old ones.

Join the ProPGF Community Today!

Here are some clear calls to action to get you started:

  1. Learn More: Visit our website at https://fil-propgf.questbook.app/ to explore the details of ProPGF and how it can support your current and future projects.
  2. Apply for Funding: If you have a project that aligns with the Filecoin ecosystem’s needs, submit your proposal through our open call process.
    • Areas of Focus for ProPGF
      • Tooling & Dev Ecosystem
      • Research
      • Customer Success 
      • Governance
      • End User UX
  3. Stay Updated: Follow us on social media at [social media handles] to stay informed about the latest developments, success stories, and community feedback.
  4. Engage with the Community: Participate in discussions and provide feedback on our community Slack channel to help shape the future of ProPGF. 

The launch of ProPGF marks a significant step forward in creating a more resilient and community-driven funding ecosystem for public goods. By supporting ProPGF, you are contributing to a future where innovation and development are guided by the needs and priorities of the community. Join us today and be part of this exciting journey!

For direct questions or feedback you can also reach out directly to the lead of the Protocol Labs Filecoin Lead Josh Daniels (josh.daniels@protocol.ai) .

Filecoin is an open-source cloud storage marketplace, protocol, and incentive layer.
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