-Project Name: Gitcoin
-Project Description and why it’s classified as a Public Good:
Since 2017, Gitcoin has been building tools that enable communities to build, fund, and protect what matters to them. Evolving from a platform that connected developers to projects into an ecosystem supporting open source projects, our purpose now is empowering communities to fund their shared needs.
As Gitcoin continues to evolve and expand its product offerings, it remains dedicated to empowering communities to fund what matters, driving positive change in the world, and shaping a better future together. This purpose guides our work as both an impact and protocol DAO, building and funding tools that facilitate collective intelligence and address coordination failures.
Steadfast dedication to this mission and vision has made our Gitcoin Grants Program the largest quadratic funding event in web3, having allocated over $56M to early-stage builders championing projects across DeFi, climate, open source, and beyond. In this way, Gitcoin is a public good, with every contributor and builder focused on a future where thousands of funding rounds run concurrently, distributing capital optimally and governed by the communities they serve.
Gitcoin by the numbers:
$28.2B Grantee Market Cap (all-time high)
270k Unique supporters
$3M+ fraud prevented
3,715 projects funded
-What have you built:
Grants Stack – Gitcoin Grants Stack is a protocol-enabled solution enabling any community to create, manage, and grow a grant program easily. From deployment and application management to funds allocation, Grants Stack takes the hassle out of running a grants program.
Allo Protocol – Allo Protocol is a set of smart contracts that enable the democratic allocation and distribution of capital. Gitcoin developed the protocol to power the Grants Stack, but is useful beyond grants and quadratic funding.
Gitcoin Passport - Passport is a flexible, easy-to-use developer toolkit for protecting projects against bots and bad actors. It helps users build robust online reputations and enables project leaders to create trustworthy digital experiences that keep out bots and Sybil attackers.
-What’s next if you receive funding:
Funding from Octant Epoch 2 will fund future OSS rounds during GG20 and deploy community QF/RPGF rounds with Octant/ Gitcoin aligned ecosystem partners.
-Funding needed: We would like to request $200K GG20 OSS QF Round + $200K for QF/RPGF Rounds with Octant/ Gitcoin aligned ecosystem partners. This funding would be used to help to fund Grants for open-source projects primarily focused on developing on top of or advancing the broader Ethereum and/or Web3 industry.
-To Date Project Funding Sources: We have received funding from Optimism RPGF, Ethereum Foundation, Vitalik Buterin, and fundraising through various NFT collections in addition to the support of different donors over time who have also contributed to the gitcoin.eth matching pool.
-Links & Resources: