Distributor's Memo: Data Reveals the Truth Behind GG24's Interoperability Standards, Infrastructure, and Analytics Funding Rounds Interoperability funding isn't limited by the number of developers, but rather by how funds are allocated across different problem types. This funding round supports open infrastructure, analytics, and early pilot projects to ensure the usability and measurability of Ethereum interoperability. Looking back at this round, a clear pattern emerges: funding is primarily focused on analytics, dashboards, and ecosystem visualization, while execution-intensive coordination infrastructure, standards adoption, and gaps related to open intent lag behind. QF reliably identifies projects with clear needs, comparable impact, and diversified risk. It performs exceptionally well as a discovery layer. However, standards and deep coordination layers are developing slowly, have a limited end-user base, and require initial acceptance before becoming mainstream. This means for distributors: the ecosystem prioritizes readability over optimization. Funds flow first to tools that make the system observable, and then to execution-intensive interoperability projects. This makes sense. However, if long-term infrastructure is primarily built through a discovery-then-implementation mechanism, its capital investment will consistently be insufficient relative to its strategic importance. Finally, interoperability is not achieved overnight. It requires differentiated funding pathways, such as: • Qualified Fund (QF) for discovery • Small, rolling grants for risk mitigation in pilot projects • Follow-up funding for tenders or expert evaluations of execution-intensive infrastructure For a full review and data, please click here ⤵️