Can you share more about the rationale for this? Looking at the list of applications, 63 projects are currently accepted, with some of the rejected ones expected to appeal and raise the total.
Even at 63 projects, 8M $OP / 63 = 126,984 $OP per project, which doesn’t look too far from the final distributions for RPGF3.
“Projects” are also an imperfect unit of measure. Notably, Protocol Guild (disclaimer, I’m part of it) has >180 members, and many of the client teams in the round have dozens of employees.
It’s also worth noting that allowing people to choose between 2-8M $OP and choosing the median means that a majority of citizens need to vote for the absolute max amount to “retain the status quo”. If the goal is to empower citizens to choose, then why not have the min and max values be equidistant from the status quo (e.g. 2-14M $OP, or 4-12M $OP, etc.)?