Pomelo Season 6: Progress, Challenges, and Future Strategies

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Short summary:

In the recent interview, EOS Nation's CEO Daniel Keyes and EOSDEN’s CEO Patrick Schmid discussed the past performance and future enhancements of the Pomelo platform. Pomelo Season 6 approved 118 grants but saw a decrease in donor numbers. With feedback and data analysis, the platform aims to improve with features like a grant submission form and a bounty system. The conversation also highlighted the strategic use of different funding pools and the increasing utilization of Telos tokens in donations.

Full summary:

🎙️ Interview

EOS Nation's CEO Daniel Keyes and EOSDEN’s CEO Patrick Schmid discussed new features for the sixth season of Pomelo, featuring multi-pools, multi-chains, and the inclusion of Telos blockchain network community members.

📈 Metrics

Season 6 of Pomelo approved 118 grants with a total value of nearly $29,000 across four different pools. However, donor numbers and total donation value decreased from previous seasons with 468 donors participating.

🔄 Feedback

EOS Nation is currently seeking feedback on Season 6, particularly the use of multi-pools, to improve future seasons. They're also analyzing Season 6 data to finalize grant distribution and ensure rule compliance.

📈 Data Analysis

Updates to the grant distribution system will be disclosed in an upcoming article. Additionally, 'Pomelo Cockpit', a dashboard providing various metrics and distributions, is mentioned and will offer more features in the future.

💡 Insights

Observations showed the smallest funding pool, Everything EOS, attracted the most grants while larger pools attracted fewer. It is suggested that the Everything EOS pool is more accessible or more familiar to projects.

🏦 Funding Strategy

Projects aiming to maximize funding in multi-pool seasons might need to target their applications to pools with more funds or fewer competitors. For example, the GameFi pool with $65,000 had only 13 grants approved. Conversely, the Everything EOS pool with $28,000 had 63 grants

🎯 Community Building

A user favored the Everything EOS pool for reputation and awareness building, despite lesser funds. Collaborations and donations were made in EOS and Wrapped Telos tokens. Telos' use will continue into season seven.

🔄 Blockchain

Telos tokens function on the EOS network via Inter-Blockchain Communication (IBC). However, EOS tokens were dominant, with only 1040 Telos tokens donated. It’s likely because of the hurdles of acquiring an EOS wallet, setting up an EOS account, and connecting this account to a Pomelo account. Efforts to streamline these processes are ongoing.

📅 Future Plans

Season seven of Pomelo, set for September, will prioritize enhancing the grant owner experience. Initiatives include simplifying grant submissions and clarifying acceptance criteria to increase first-attempt approvals and reduce the reviewing team's workload.

🛠️ Platform Enhancement

There will be a new grant application form restructured to ask specific pool-related criteria questions. This will streamline review, ensure all necessary information is included, and increase application success.

🗂️ Planning

They discuss clearer acceptance criteria and matching pool restructuring. Acceptance criteria are to be communicated better and determined with community involvement and partner consultation. Instead of three, there may be one or two larger pools for approval ease and reducing frustration.

🏆 Testing

Patrick and Daniel mention the testing of play tokens with the EOS Network Foundation, leading to design changes based on feedback. The aim is to launch live with real EOS before season seven. The bounty system's role will help grant owners meet milestones.

📅 EOSDEN

A 6-week growth campaign for EOSDEN involving Pomelo's bounty system is planned for August to the second week of September. EOSDEN is a platform that aids project collaboration to collectively boost Antelope networks (EOS, TELOS, WAX, UX).

📚 Audit

Patrick and Daniel discuss audits by EOS Support and EdenOnEOS that verify project objectives and evaluate value. The wide range of audits provides a broad perspective on valuable projects, assisting the community in making informed donation decisions.

⏰ Conclusion

Finally, the conversation concludes with an agreement that there's always more to discuss and a promise to continue the conversation during the next episode. Patrick and Daniel thank each other for the conversation and look forward to future discussions.

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