Gitcoin Sunsets Grants Stack, Returns to Core Mission

Gitcoin unveils strategic plans for GG24, marking a significant evolution in their grants program. Key changes include: - Enhanced focus on measuring and maximizing impact - Opening platform to community operators - Implementation of new sensemaking frameworks The initiative aims to build a more robust and community-driven funding system. Community feedback is actively being sought through their governance forum to shape the program's future. [View full proposal](https://gov.gitcoin.co/t/gg24-structure-strategy-and-timeline/22878/1)

The evolution of Web3 funding is entering a critical phase where multiple mechanisms are being tested simultaneously in real-world conditions. This approach goes beyond simply selecting funding tools - it's about forging them through practical application. Key points: - Funding mechanisms are being battle-tested in open environments - Multiple tools can work together synergistically - Real-world usage helps harden the entire ecosystem - Focus on practical effectiveness rather than theoretical benefits The goal is to discover which coordination tools truly work through active implementation rather than theoretical discussion. This empirical approach helps strengthen the overall funding infrastructure.

**Important Deadline Alert** - Final submission deadline: August 15th - Voting deadline: August 13th Community members are reminded to complete their submissions and participate in the voting process. These are critical dates for the project's progression. *Take Action Now:* - Review your submissions - Cast your votes - Mark these dates in your calendar

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.