Gitcoin Grants Round 23 OSS Program Applications Closing Soon

Gitcoin is hosting a Twitter Space to discuss the future of their grants program. The session will cover: - Changes and continuity in the GG24 roadmap - Updates to funding mechanisms for Ethereum ecosystem challenges - Strategic improvements to the grants program **Event Details:** - Date: June 11th, 2024 - Time: 4pm UTC - Platform: Twitter Spaces - Link: [Join Space](https://x.com/i/spaces/1mnxegOePbnGX) Join to learn about the evolution of one of crypto's largest funding initiatives.

**FTC Berlin** kicks off with a Gitcoin-sponsored BBQ featuring @deltajuliet7362 on June 10, 6pm at the Canopy Room terrace. Use code *GITCOIN-50* for 50% off event tickets. **Verifiable Summer Events in Berlin**: - The Vault (Berlin Hacker Village): Demo Day on June 19, 10AM-12PM - Ecosystem Soiree: Pool party & networking on June 17, 7PM - Builder Breakfast: EigenLayer ecosystem meetup on June 14, 10AM-1PM - Student Graffiti Workshop: Berlin Wall cultural experience on June 18, 10AM-12PM [Register for events here](https://lu.ma/ftc-berlin-2025) Don't miss these community-building opportunities during Berlin Blockchain Week! 🇩🇪

Gitcoin's GG23 funding round introduced significant innovations in public goods funding: - $1.2M total distribution across all rounds - 9,991 unique donors contributed $95K - 235 early-stage OSS projects supported Key mechanisms: - Combined Quadratic Funding with Retroactive Funding - Launched Grant Ships for community governance - Piloted GTC token staking for round signaling The initiative represents a shift toward ecosystem-led funding, moving away from Gitcoin-led coordination. The platform is evolving into Gitcoin 3.0, focusing on improved fund distribution intelligence and community ownership. [Read full recap](https://www.gitcoin.co/blog/gg23-results-recap)

A live discussion on X (formerly Twitter) this Friday will bring together key builders in the Ethereum ecosystem to discuss the state of Web3. Featured guests include: - Kyle Jensen (DAO Ops, Gitcoin) - Tobias Schrader (Product & Comms, growthepie) - Murthy (CEO, karma) - Patao (Head of Incubation, Stake Capital/Rekt News) Topics will cover what's working, what needs improvement, and future directions in the Web3 space. [Join the conversation on X](https://x.com/i/spaces/1OyKALrLmlMxb)

**Key Updates:** - Grants Stack shutting down May 27, 2025 - All data will be preserved and accessible via Open Source Observer - Previously staked GTC can still be unstaked after shutdown **Strategic Shift:** - Gitcoin returning to original Grants Program focus - GG24 relaunch planned for later 2025 - Emphasis on community-led initiatives **Reasons for Change:** - Operating costs exceeded revenue - Decision aims to protect treasury - Focus shifts to sustainable core operations **What's Next:** - More experimental, community-driven approach - Enhanced focus on Ethereum ecosystem - Data access guides coming soon Visit [Gitcoin Blog](https://www.gitcoin.co/blog/grants-stack-winds-down--heres-whats-changing-and-what-to-expect) for details.