aljaz on Nostr: have many thoughts on this and have been diacussing it endlessly foe thw past year ...
have many thoughts on this and have been diacussing it endlessly foe thw past year how to unlock decentralized commerce and compute.
i also believe that grants might be the wrong approach for it, you want something along the lines of small business loans, at least partially. grants lead to proof of concepts and lack market feedback while something similar to small business loans or basically seed capital without venture path might make a lot of difference.
bitcoin/nostr has tons of potential for small cash flow producing projects that do actual commerce but get too often either snowballed into something that is venture capital scale and then fail when they figure out that the market for it doesnt justify the size (or is 15years away)
grants on the other hand attract a lot of development of things that are engineeringly interesting but commercially completely unviable.
my point being is we want to incentivize people to build businesses not proof of concepts jack (npub1sg6…f63m)
i also believe that grants might be the wrong approach for it, you want something along the lines of small business loans, at least partially. grants lead to proof of concepts and lack market feedback while something similar to small business loans or basically seed capital without venture path might make a lot of difference.
bitcoin/nostr has tons of potential for small cash flow producing projects that do actual commerce but get too often either snowballed into something that is venture capital scale and then fail when they figure out that the market for it doesnt justify the size (or is 15years away)
grants on the other hand attract a lot of development of things that are engineeringly interesting but commercially completely unviable.
my point being is we want to incentivize people to build businesses not proof of concepts jack (npub1sg6…f63m)