ENS Ecosystem Working Group Partners with Drips Network to Support Open-Source Projects
In a groundbreaking initiative, the ENS Ecosystem Working Group has joined forces with the Drips Network to provide financial support to essential open-source projects and their creators for the next six months. A total of $50,000 USDC will be distributed among seven core projects, including Wagmi, ethers.js, graphql-request, OpenZeppelin contracts, noble hashes, scure-base, and dns-packet. This collaboration underscores ENS DAO’s commitment to recognizing the critical role played by these projects in ensuring the smooth functioning of their systems.
Drips Network: A Game-Changer in Funding Public Infrastructure
The Drips Network has revolutionized the way public infrastructure is funded by offering continuous and transparent financial backing to software dependencies. ENS is not only supporting primary software dependencies through Drips but also ensuring the sustainability of secondary dependencies that are crucial to the ecosystem.
Eleftherios Diakomichalis, the brain behind Drips, believes that ENS is setting a new standard in funding public infrastructure by providing ongoing support to essential projects. He emphasizes the simplicity and clarity of the process, which he sees as a model for funding future public goods.
ENS DAO Recognizes Foundational Projects through Drips
Slobo.eth, the ENS ecosystem steward, views the Drips Network as a game-changer for open-source developers contributing to the ENS Ecosystem. This initiative is a testament to ENS DAO’s appreciation for projects that form the backbone of its ecosystem.
The Drips Network not only supports direct software dependencies but also extends its reach to finance secondary dependencies, demonstrating a commitment to sustainable transparency. By adopting decentralized funding mechanisms, other enterprises can learn from ENS’s approach to nurturing their digital infrastructure.
ENS Leads the Way in Supporting Open-Source Developers
Providing consistent and reliable funding for open-source projects is crucial, as highlighted by this collaboration. Without stable financial support, open-source projects often struggle to maintain or develop essential software tools, creating a significant challenge.
ENS’s commitment to continuous support sets a precedent for other organizations looking to sustain and enhance their digital infrastructure. By ensuring that vital software projects and their creators have the resources they need, ENS is fostering a more resilient and thriving open-source ecosystem.