Ethereum Privacy Domain Gets Major Backing in Gitcoin Grants Round 24

**Gitcoin Grants Round 24 (GG24) is now active**, focusing on funding builders and projects that matter to the community. The initiative emphasizes a key philosophy: while market narratives, token prices, and trends may fluctuate, **supporting builders remains constant and crucial**. - GG24 represents Gitcoin's ongoing commitment to community-driven funding - The round encourages funding projects based on merit rather than hype - Builders continue developing on Ethereum despite market conditions This funding round comes as part of Gitcoin's mission to empower communities in supporting meaningful Web3 development and innovation.

Ethereum's long-term success requires **better mechanisms**, not just better applications. The Public Goods R&D domain is funding critical infrastructure: - **New algorithms** for public goods funding - **Improved tooling** for collaboration, UX, and interoperability - **Serious science** focused on real coordination This initiative takes a **long-term approach** to building sustainable mechanisms that will support Ethereum's ecosystem growth and development.

**Gitcoin Grants** has been named a finalist for the **Anthem Awards** in the "Best Use of Technology in Responsible Tech" category. The recognition celebrates the platform's impact on **coordinated funding** for web3 projects and community-driven initiatives. **Key achievements:** - $63M+ distributed to builders since 2017 - 270k+ unique supporters worldwide - 3,715 projects funded across the web3 stack The nomination highlights how **decentralized coordination** can effectively allocate resources to meaningful projects. Voting is now open for community members to support Gitcoin's nomination at [celebrate.anthemawards.com](https://celebrate.anthemawards.com/PublicVoting?utm_campaign=anthem5_finalist_finalistannouncement_1014&utm_medium=email&utm_source=cio#/2025/responsible-technology/product-innovation-or-service-categories/).

**Gitcoin Grants 24** received backing from @maearthmedia for its **Targeted Development and Adoption** domain, focusing on climate and regenerative projects. The support aims to empower projects ready to create **tangible environmental impact**. This funding round represents continued investment in: - Climate-focused development initiatives - Projects with measurable outcomes - Regenerative technology adoption The announcement emphasizes practical impact over speculation, highlighting projects that can demonstrate real-world environmental benefits.