Gitcoin

Gitcoin has shared their findings from experimenting with retroactive quadratic funding. They found that retroactive funding makes it easier to evaluate projects and boosts confidence in funding decisions. They are exploring shortening the funding cycle for more flexibility and have made the decision to make all future Citizens Rounds retroactive. Their goal is to help funders see the real impact and they are working on better showcasing this to voters.

Gitcoin is planning on focusing on Open Source Software (OSS) and community-led innovations to drive the growth of the Ethereum ecosystem. They are introducing changes such as combining OSS and Eth Infra in one program round, introducing governance-led Web3 Community Rounds, and allowing badgeholders to decide which communities/rounds are eligible for funding. These changes aim to increase funding and drive innovation. Gitcoin is also doubling down on grants as its main focus and working towards distributing $1 billion through @alloprotocol. They are streamlining and expanding successful grant programs, introducing new structures, and spinning out Passport for independent growth. Gitcoin is embracing its pioneering spirit and inviting the community to shape Ethereum's future.

Gitcoin is looking for volunteers to help create an unforgettable Ecosystem Growth Summit in Ethereum Denver. Volunteer roles include Box Office, MC Extraordinaire, Feedback Champions, and General Support. Apply now!

Octant's Epoch Two allocation of rewards has contributed to the growth and impact of public goods projects. Users have the option to claim their rewards or allocate them to other projects.

Gitcoin announces an upcoming upgrade to Allo v2 for the next Gitcoin Grants round in April. The upgrade will unlock new capabilities for the protocol and allow for easier creation of funding strategies, smoother multi-chain experiences, and application editing. The upgrade will not impact independent Grants Stack rounds currently running.

Gitcoin has transitioned from 1.0 to 2.0, offering multiple grant mechanisms to empower communities. These mechanisms include direct grants, quadratic funding, and retroactive funding. Each method has its unique strengths and by combining them, Gitcoin aims to build more robust and resilient communities. For more details, read the gov post by @owocki.

Octant Backers are reminded that the Epoch Two Allocation begins in 21 hours. Backers who have locked $GLM are encouraged to decide on user rewards distribution and consider allocating a portion of their rewards to Gitcoin. The team is grateful for backers who support their cause.

To celebrate the deployment of Grants Stack on Base, Gitcoin-themed Quadratic Lands NFTs will be distributed to the top contributors of GG19.

Gitcoin is relaunching its Citizens Rounds to recognize and reward the community's efforts. The focus is on celebrating the passion and hard work of those who are making a difference.

Gitcoin is excited to announce that several projects from the Gitcoin Grants family have been selected to be part of @OctantApp's Epoch Two allocation. This collaboration aims to fund public goods and support the open-source community.