Impact Maker | Community Incentive Structures with Ben West/Thrive Protocol

Crypto Sapiens

In this episode of Impact Makers, Ben West, a trailblazer in community organizing and campaign strategy, discusses his journey into Web3 and his work at Thrive Protocol. Thrive Protocol is a mechanism and methodology for helping ecosystems grow by attracting, funding, and scaling projects in the Web3 space. They work with top Web3 communities like Arbitrum, Apecoin, Polygon, and more. The protocol uses incentive mechanisms, feedback loops, and human validation assessments to ensure that funds are allocated appropriately and that impact is measured and rewarded. They are building a reputation system for reviewers and are focused on changing the way people are rewarded for their work. In this conversation, Ben from Thrive Protocol discusses the importance of funding mechanisms and decision-making processes in the Web3 space. He shares insights from his experience at Gitcoin and highlights the work being done at Thrive Protocol to create a more inclusive and efficient funding ecosystem. Ben also talks about the long-term vision of Thrive Protocol and its potential to bridge the gap between the digital and real world. He emphasizes the need for user-friendly tools and a focus on user experience in the Web3 space. The conversation concludes with a discussion about Ben's book, 'The Monkey Flower Experiment,' and the power of community and collaboration in making a positive impact.

Jon Ruth

https://warpcast.com/jonruth

https://x.com/jhruth

Ben West

https://warpcast.com/benwest

https://x.com/BenWest

Thrive Protocol

https://x.com/ThriveProtocol

https://www.thriveprotocol.com/

Takeaways

• Thrive Protocol is a mechanism and methodology for helping ecosystems grow in the Web3 space.
• They attract, fund, and scale projects by using incentive mechanisms, feedback loops, and human validation assessments.
• Thrive Protocol works with top Web3 communities like Arbitrum, Apecoin, and Polygon.
• They are focused on changing the way people are rewarded for their work and ensuring that funds are allocated appropriately.
• They are building a reputation system for reviewers to ensure the quality of assessments. Funding mechanisms and decision-making processes are crucial in the Web3 space to create an inclusive and efficient funding ecosystem.
• Thrive Protocol aims to bridge the gap between the digital and real world by providing user-friendly tools and focusing on user experience.
• The long-term vision of Thrive Protocol is to revolutionize the way work is done and empower individuals to be fairly rewarded for their contributions.
• Ben is writing a book called 'The Monkey Flower Experiment,' which explores decision-making mechanisms in a university setting and the challenges of resource allocation.
• Community and collaboration are essential in driving positive change and making a meaningful impact.