TEC Q1 2025 Progress Report

⚛ Community Updates
1

Reporting Period: January – March 2025

This report provides an overview of the Token Engineering Commons (TEC) progress toward milestones outlined in the funding proposal for January–June 2025. It includes updates on each program area, plans for Q2, and a summary of financials for Q1.

1. Knowledge Sharing Program

  • TEC Library - Catalog 100 resources with tags and metadata.
    • Progress: Completed foundational work and began resource aggregation. 26 resources cataloged so far.
    • Q2 Plans: Continue weekly aggregation to meet the 100-resource milestone by the end of June.
  • Social Media - Achieve a 25% increase in engagement through high-quality content.
    • Progress: Completed foundational setup and initiated regular content sharing.
    • Q2 Plans: Expand to at least two more platforms, automate processes, and aim to exceed the 25% engagement growth goal.
  • Newsletter - Launch a monthly newsletter (Mar–Jun) with 100 subscribers.
    • Progress: Launched the first edition in March with 10 subscribers.
    • Q2 Plans: Streamline the creation process and intensify promotion to reach 50–75 subscribers.
  • Online Events - Host 4 online events showcasing web3 real-world impact.
    • Progress: Hosted one online event.
    • Q2 Plans: Host three additional events, with planning in final stages.
  • Knowledge Commons - Create a roadmap for Knowledge Commons development.
    • Progress: TEC Library resources collected will lay the foundation for the Knowledge Commons initiative.
    • Q2 Plans: Continue resource aggregation in the library and define the roadmap for Knowledge Commons development.
  • TEC AI Agent - Build and integrate the TEC Agent into content distribution.
    • Progress: No significant progress yet.
    • Q2 Plans: Begin development of a basic AI agent to support content distribution and interaction with the TEC Library.

2. Education Program

  • Publishing - Publish 4 articles (100+ reach each), collaborating with 2-4 experts.
    • Progress: Completed foundational planning.
    • Q2 Plans: Publish four articles and collaborate with external experts.
  • Research Hub - Host 4 research presentations with 25+ participants each.
    • Progress: Completed foundational planning.
    • Q2 Plans: Host four research presentations in the upcoming months.
  • Virtual Conference - Develop a roadmap for a Q2 virtual conference.
    • Progress: Initial brainstorming and viability assessment.
    • Q2 Plans: Further explore the possibility of a joint virtual conference with a partner organization.

3. Grants Program

  • Grants Framework - Publish a retrospective and create a new Grant Framework.
    • Progress: No progress yet.
    • Q2 Plans: Begin development after the current retro round concludes.
  • Collaborative Grants - Host a grant round and engage operators for collaboration.
    • Progress: No progress yet.
    • Q2 Plans: Plan the next grant round (GG24) following the new framework.
  • Tunable Quadratic Funding (TQF)
    • Progress: Successfully integrated TQF into the Gitcoin QF Calculator, exceeding initial goals.
    • Q2 Plans: Finalize documentation and offer external support for round operators using TQF.

4. Token Infrastructure Program

  • $TEC Infrastructure - Publish an ABC analysis with recommendations and deploy upgrades.
    • Progress: Launch of the new TEC Swap site to interact with the Augmented Bonding Curve (ABC).
    • Q2 Plans: Summarize the role of the ABC as part of the final Token Infrastructure report.
  • Liquidity - Propose solutions to deal with secondary market liquidity.
    • Progress: No direct progress yet.
    • Q2 Plans: Present liquidity improvement proposals in the final Token Infrastructure report.
  • $TEC Utility - Outline potential $TEC use cases.
    • Progress: No direct progress yet.
    • Q2 Plans: Present $TEC utility use cases in the final Token Infrastructure report.

5. Fundraising Program

  • Grants/Mission Requests - Secure $25K in funding and assess 1 OP mission request.
    • Progress: Submitted an application for Gitcoin Grants 23; initiated the OP RPGF6 claims process. Mission requests assessed and determined not viable.
    • Q2 Plans: Finalize foundational work for fundraising strategy and actively apply to recurring grant programs. Begin receiving OP RPGF6 funds.
  • Sponsorships - Develop a strategy, engage 10 sponsors, and fund 50% of grant costs.
    • Progress: Secured $21K Gitcoin matching funds for the TEC Retro Round, covering more than 50% of grant costs.
    • Q2 Plans: Continue refining sponsorship plans for GG24 and identify additional sponsorship opportunities.

6. Governance Development Program

  • Governance Framework - Create a governance framework to improve participation and accountability.
    • Progress: No progress yet.
    • Q2 Plans: Develop a new governance framework to enhance Commons governance infrastructure.
  • Token Holders - Post 2 Snapshot Votes (15+ participants each) with 20% top-holder participation.
    • Progress: One Snapshot vote conducted successfully.
    • Q2 Plans: Organize a second Snapshot vote, targeting strong participation.
  • Advisors - Recruit 3-5 key advisors and engage with them quarterly.
    • Progress: Conducted internal reflection on advisory needs and roles.
    • Q2 Plans: Strengthen community communications and continue assessing advisory needs.

7. Ecosystem Development Program

  • Opportunities Board - Launch an MVP Board with 10 active opportunities.
    • Progress: No progress yet.
    • Q2 Plans: Launch an MVP Board showcasing collaboration opportunities, starting with article co-creation as part of the publishing initiative.

Financials - Q1 Overview

Funds Raised

Source Amount (USD)
ABC Tributes ~$3,614

Expenditures

Item Amount (USD)
New TEC Swap Site $3,000
TQF Integration into Gitcoin QF Calculator (1/2 Payment) $1,500
Staffing (2 Full-Time, 3 Part-Time) $37,545
Tooling $199
Total $42,244

Net Position (End of Q1)

Account/Pool Amount (USD)
Common Pool ~$185,952.17
Reserve Pool ~$35,988.59
TECAN ~$7,799.93
Coordination Team ~$31,970.69
TE Grants Program ~$14,885.12
Transaction Team ~$14,679.42
ABC EOA ~$3.63
TEC GG ~$66.83
Giveth Profile ~$2,974.98
Lasertag ~$274.93
OP-TEC LP ~$4,303.55
GIV-TEC LP ~$1,466.07
Total Value ~$300,365.90

This chart zooms into the Common Pool, showing its internal token breakdown:

This chart presents the distribution of total worth across TEC’s internal accounts and pools:

This chart shows how the TEC’s total assets are distributed across various tokens:

This chart shows how the TEC’s total assets are distributed across various tokens.

Outlook for Q2

Expected Inflows:

  • Begin streaming OP RPGF6 funds (15,599 OP tokens).
  • Receive Gitcoin matching funds for the Token Engineering Superchain Retro Round ($21,000 USD).
  • Receive GG23 OSS Round funding (amount pending confirmation).

Expected Outflows:

  • Distribute $40,000 USD in grantee payouts for the Token Engineering Superchain Retro Round.
  • Complete the final payment for the TQF Integration project ($1500).

Conclusion

Q1 marked a strong foundational phase for the TEC’s 2025 initiatives. Several key programs moved from planning to execution, and important integrations such as TQF into Gitcoin’s calculator exceeded initial targets.

Q2 will focus on accelerating delivery across milestones, strengthening TEC’s community infrastructure, and continue working towards financial sustainability.