On April 2nd, 2024, there was a significant development in the realm of community-driven initiatives. Communities have begun coordinating efforts to fund public goods, which is being described as a 'magical' phenomenon. This grassroots approach to funding and protecting shared resources and infrastructure is gaining traction and is seen as a matter of importance.
Communities coordinating to fund public goods is magical ✨ It matters. #GG20
Gitcoin Community Discussion

**Gitcoin community discussion** scheduled for Wednesday, September 10th at 6pm CET / 4pm UTC. - Forum threads have generated **lots of ideas, tradeoffs, and questions** lately - Discussion will be brought to the floor with @owocki and @sovereignsignal - Community members invited to join the conversation [Join the Twitter Space](https://x.com/i/spaces/1YpJkkbyqqZJj) **Mark your calendars** for this community-driven discussion on Gitcoin's future direction.
Gitcoin 3.0 Simplifies Mission

**Gitcoin 3.0** focuses on three core principles: - **Fund what matters** - Supporting meaningful projects - **Do it well** - Executing with quality - **Stay aligned with Ethereum** - Maintaining ecosystem focus This represents a *back-to-basics approach* for the grants platform, stripping away complexity to concentrate on being the **best funding platform for Ethereum projects**. The simplified mission emphasizes quality execution over feature bloat, positioning Gitcoin as the go-to destination for Ethereum ecosystem funding.
Public Goods Drive Network Growth
**Public goods aren't charity** - they're a competitive advantage for networks. Networks that invest in public goods **compound faster** than those that don't, creating a strategic imperative rather than altruistic obligation. This challenges the traditional view of public goods as charitable endeavors, positioning them instead as **growth accelerators** for network effects. The insight suggests successful networks recognize public goods funding as essential infrastructure investment rather than optional social responsibility.
Gitcoin Hosts Sensemaking Report Workshop to Shape GG24 Funding

Gitcoin is hosting a **Sensemaking Report Workshop** this Friday at 4 PM UTC on Discord to shape future funding priorities for GG24. - Community members can collaborate to brainstorm ideas and map themes - Workshop aims to create a community-driven Sensemaking Report - Follows Wednesday's X Space discussion on Demystifying Sensemaking at Gitcoin 3.0 Join the workshop: [Discord Event](https://discord.com/events/562828676480237578/1399452467661504614)
Gitcoin 3.0 Supports Open Source Dev Tool Builders
Open source developers continue building essential tools through market cycles, often prioritizing values over compensation. Gitcoin 3.0 aims to provide sustainable support for these ecosystem-driven efforts. Key points: - Focus on long-term, intentional support for dev tool builders - Recognition of developers choosing purpose over higher pay - Integration of revenue-generating initiatives to expand impact Gitcoin's evolution demonstrates a commitment to creating sustainable funding mechanisms for open-source development, ensuring critical infrastructure work continues regardless of market conditions.