Gitcoin Grants 22 Open Source Software Applications Opening Soon

Gitcoin announces a strategic pivot with version 3.0, returning to its Ethereum foundations. The platform is refocusing on providing sustainable support for public goods and commons within the Ethereum ecosystem. Key updates: - New Sensemaking Framework launched to identify funding priorities - Deadline for community input: August 15th - Focus on supporting overlooked but critical infrastructure - Emphasis on community-led capital allocation The initiative aims to create a more structured approach to funding essential ecosystem development, moving away from hype-driven allocation to support builders working on fundamental infrastructure. [Learn more about the Sensemaking Framework](https://gov.gitcoin.co/t/gitcoin-grants-24-strategic-sense-making-framework/20865)

**Important Deadline Alert** - Final deadline for Eat Sense Make Repeat submissions: **August 15th** - Voting deadline: **August 13th** Community members are encouraged to participate in both submission and voting processes. These deadlines are firm and will not be extended. Mark your calendars and ensure your participation before the cutoff dates.

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)

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.

A community-driven initiative focused on sustainable funding mechanisms is gaining traction. The program aims to: - Connect resources with meaningful projects - Establish transparent allocation processes - Enable direct community participation in funding decisions The framework emphasizes long-term sustainability over short-term gains. Early results show increased engagement and more efficient resource distribution. *Key metrics demonstrate 40% better resource utilization compared to traditional models.* **Next steps include expanding the framework to additional sectors and refining governance mechanisms.**