Transitioning to Gitcoin 2.0 and exploring new capital allocation methods
Transitioning to Gitcoin 2.0 and exploring new capital allocation methods
Gitcoin is transitioning from version 1.0 to 2.0 and introducing new capital allocation methods for different stages of community growth, including direct grants, quadratic funding, quadratic voting, and badgeholder-based allocations. These methods aim to support builders, empower the community, make transparent decisions, and reward impactful projects. By combining these mechanisms, Gitcoin aims to build more robust and resilient communities.
Gitcoin Grants 2024 Roadmap Twitter Space Announcement
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 & Verifiable Summer Events Guide
**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 GG23 Distributes $1.2M Through Multi-Mechanism Funding
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)
Builder Spotlight: Live Discussion on Ethereum's Future
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)
Gitcoin Sunsets Grants Stack, Returns to Core Mission
**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.