Gitcoin

The **GG24 funding round** is making its comeback with a refined approach and expanded scope. Key details: - Event date: **October 14-28** - Features "sharper domains" and "bigger vision" - Community anticipation building with #GG24 hashtag This marks the return of the funding initiative after previous rounds, suggesting improvements based on past experiences. The timing indicates a strategic October launch window for the community funding event.

**Gitcoin Grants is making a comeback** with GG24 scheduled for October 14-28. The platform that previously transformed funding rounds is returning with: - Refined focus areas and clearer mission - The same energy that made previous grants feel impactful - A two-week funding window Gitcoin Grants has historically been a significant player in decentralized funding, helping communities support projects that matter to them. **Mark your calendars** for the October 14-28 window if you're interested in participating.

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.**

Gitcoin 3.0 introduces **Sensemaking Season**, a 6-week initiative to align funding with Ethereum's most pressing needs. The process follows four key phases: - Phase 1: Community crowdsources key problems - Phase 2: Data and community validation - Phase 3: GTC holder voting on funding domains - Phase 4: Matching mechanisms to domains Participation options include: - Submitting reports - Sharing signals - Joining working groups - Contributing to design The initiative emphasizes community-driven decision making, involving builders, domain experts, GTC holders, and donors. [Join the discussion](https://gov.gitcoin.co/t/gitcoin-grants-24-strategic-sense-making-framework/20865)

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.

Gitcoin launches GrantShips GG23, an experimental framework transforming traditional community rounds into competitive Ships. Key features: - 6 selected community-led grant programs compete for $130K in matching funds - Performance evaluated on alignment, execution, and impact - Top 3 performers gain automatic eligibility for next round **Voting Details:** - Opens May 22 - Eligible: Holders of 100+ $GTC on mainnet - Vote at [gg23.grantships.com](http://gg23.grantships.com) The initiative implements an Evolutionary Cycle: compete, evaluate, learn, and improve - designed to enhance grant-giving effectiveness through community-driven iteration.