In this episode of Web3 Innovators Perspectives we delve into the transformation of funding models in the Web3 space. Uncover the challenges of sustaining grant-funded projects, explore the dichotomy between open-source ideals and commercial viability, and discover innovative approaches like impact staking and dApp staking. Key Highlights:Web3 vs Traditional Funding:Trust-based funding in Web3Open-source culture reducing administrative burdensBalancing open-source goals with commercial sustainabilityA New Approach:Leveraging staking rewards for ongoing supportImpact Staking on Ethereum and dApp Staking on Astar NetworkVoluntary taxation as a sustainable funding mechanismRedefining Funding in Web3:Ethereum's transition to proof of stake and staking rewardsChanneling staking rewards into open-source projectsStrengthening the Ethereum community through sustainable fundingFrom the challenges of sustaining projects to the potential of voluntary taxation through staking rewards, we've uncovered the evolving landscape of funding in the decentralized era. Connect with Us Join the Web3 Innovators community and engage with like-minded individuals passionate about the potential of blockchain technology.Contact Web3 Labs:Twitter | LinkedIn | Instagram | Facebook | Discord | Tiktok • Explore Web3 Labs: Web3 Labs specialise in web3 solutions for enterprise. • Email Web3 Labs • Get Conor’s latest thoughts on Web3 and where we’re headed.