The idea behind Eden on EOS Genesis is to distribute funds to elected delegates
“Eden on EOS is an "EOS smart-contract-driven interface for facilitating fractal elections and distributing funds to delegates elected as a result."
"the recently funded EOS Foundation has agreed to fund the Eden community with 200,000 EOS (about $1.2 million) plus an additional 200 EOS (about$1200) to the community’s treasury per Eden member who joins before the election. This total pool of funding will be allocated by the elected delegates."
“Following through on our mission of enabling developers, businesses, and individuals to build on and create value for EOS, the EOS Foundation and its advisory board selected Eden as a funding candidate to serve as an early showcase for how network funds can be distributed to empower a wide range of value creators within the EOS community.” — Yves La Rose of the EOS Foundation
Author: Daniel Larimer
Source: https://medium.com/edenoneos/first-blockchain-election-using-eden-on-eos-receives-grant-from-eos-foundation-3447221d8980