# \[READY\] \[GF: Phase 1 Proposal\] Summa

**URL:** <https://gov.optimism.io/t/ready-gf-phase-1-proposal-summa/2678>\
**Category:** Governance Fund: Phase 1\
**Tags:** cycle-2\
**Created:** [June 14, 2022, 5:33am UTC](https://gov.optimism.io/t/ready-gf-phase-1-proposal-summa/2678 "2022-06-14T05:33:11Z")\
**Posts on this page:** 1\
**Showing post:** 25

<div class="post-metadata">

**Author:** ![ScaleWeb3](https://dub1.discourse-cdn.com/bc41dd/user_avatar/gov.optimism.io/scaleweb3/32/440_2.png) [@ScaleWeb3](https://gov.optimism.io/u/ScaleWeb3)\
**Post date:** [June 27, 2022, 9:16am UTC](https://gov.optimism.io/t/ready-gf-phase-1-proposal-summa/2678/25 "2022-06-27T09:16:39Z")

</div>

This proposal does not fit into Gov Fund Phase 1: Voting **No**

**Value-add:** None  
**Amount:** High  
**Op distribution:** Bad - mainly venture building  
**Co-incentives:** Personal funds - small compared to Ask

This funding round is meant to grow liquidity and users on Optimism. This proposal describes an early-stage venture that may or may not add value at some point - and consequently does not fit into Gov Phase 1. Maybe the VC route is a better option for you but tbh there is still a lot of work to be done on the pitch. Thanks for the proposal, appreciate your engagement here.

---

_[View the full topic](https://gov.optimism.io/t/ready-gf-phase-1-proposal-summa/2678)._