The 12th Chief Delegates meeting saw the chief delegates review their progress over the past three months and make preparations for the upcoming election.
LONDON (Bywire News) - Pomelo’s third season has finally taken off and it carried the anticipation from the first two seasons. There are suggestions that it may be just as if not more effective than Gitcoin.
Season two refined the grant application process as well as the accounting and fund distribution. This was a direct response to the sentiment from the community that something was on the horizon. Season three indicates much more promise with funding and contributions setting new records.
Background Info On Pomelo
Pomelo seasons last around three months and rely on a quadratic funding model similar to that which has already been so successful on Github. It’s billed as a more democratic system supporting projects which provide public goods – namely value for the community – rather than a financial return.
The model focuses more on the numbers of donors rather than the amount donated to reward those projects which are valued by the greatest number of people.
Since it was implement...