RetroPGF is a grant event launched by the Optimism ecosystem specifically for “public goods”, aiming to address the issue of the tragedy of the commons and distribute retroactive grants by evaluating the impact and effectiveness of projects established. So far, RetroPGF has entered its third round, with 643 projects submitting applications, and the badge holders of RetroPGF 3 will serve as judges to vote on how to allocate funds to projects.
However, online detective ZachXBT revealed today on social platforms that many projects funded by VC investors have submitted additional funding applications to RetroPGF 3, which seems to deviate from RetroPGF’s original purpose. In addition, ZachXBT compiled a list of the top one hundred projects with VC funding:
– Gelato (raised $11 million, with tokens)
– Rainbow (raised over $18 million)
– ImmunFi (raised over $24 million)
– Mirror (raised $10 million)
– Zora (raised over $50 million)
– Synthetix (has 9-digit financial resources, with tokens)
– Hop (raised $2 million, with tokens)
– Tenderly (raised $40 million)
– Snapshot (raised over $4 million)
– OpenZeppelin (collaborated with Forta, raised $23 million)
– Socket (raised $5.5 million)
– Alchemy (raised $545 million)
– Rabbithole (raised $21.6 million)
ZachXBT stated that he is not intending to accuse these projects, but rather wants badge holders participating in the voting to realize that projects that have received significant funding, have profitable business models, or have already issued tokens may not be suitable for receiving grants from RetroPGF, and resources should be directed to appropriate projects.