📚What are Public Goods?

“In economics, a "public good" refers to anything that is both non-excludable and non-rivalrous, that is, people can't be barred access, and one person's use doesn't degrade another's.

Clean air is an example of a naturally occurring public good, while the electric grid is a public good created by people.

What are the public goods of today's industrial-knowledge society?

Open source code, which supports millions of companies and independent developers, is often thought of this way.

The cypherpunks considered privacy itself as a kind of public good.

A great public good should:

• Be values-based — in service of a set of values your community cares about.

• Have longevity — be achievable and maintainable.

• Create positive externalities — benefits a public beyond an immediate set of users.

Gitcoin started off focusing on Digital Public Goods (like Open Source software) but we have now expanded into real-life Public Goods.

To learn more about public goods checkout:

https://en.wikipedia.org/wiki/Public:good:(economics)en.wikipedia.org