Gitcoin Passport 🛡️

Gitcoin's contributions to the open source community were highlighted, with $22M in matched funds and $16M from the community in 3,000+ projects. The platform boosts developer retention, outperforms venture capital in developer growth, and sustains projects through market cycles. Though not solely causal, Gitcoin Grants play a critical role in the development journey of numerous projects.

Gitcoin Passport announced that @jkd_eth from Gitcoin Passport will be a speaker at the upcoming event in Denver. The discussion will cover grants, airdrops, and retroactive funding.

CharmVerse has announced the integration of Gitcoin Passport as a credential, making Gitcoin Passports a dynamic part of member profiles. This partnership aims to enhance trust and authenticity within web3 communities.

According to Gitcoin Passport, there are now more unique passports created than the number of wallets with at least one ENS name set.

After experiencing major issues, the platform has been fixed and is now stable again. The verify period is over and the platform is functioning normally.

Gitcoin is currently experiencing technical issues with persistent connection errors. The team is working to identify and implement solutions to restore platform stability and functionality. The issues are unrelated to the new Ethereum stamp or its model. User patience and understanding are appreciated.

Gitcoin Passport is a product designed to protect the Gitcoin Grants program from Sybil attacks by offering ease of integration, comprehensive defense, and developer flexibility. It leverages onchain stamps and reduces manual workload to streamline operations. The recent introduction of Passport ETH Stamp enhances user verification by analyzing onchain transaction history. Users can boost their Passport Score with new onchain activity credentials. The updated stamp aims to provide a more secure and accurate verification process. Gitcoin is committed to improving solutions and expanding the scope to include Layer 2 activities.

The model for the new ETH Stamp has performed exceptionally well, following the bell curve. Users are encouraged to provide feedback via a form to further improve the model. Adjustments based on user feedback are expected to be implemented within the next 24 hours.

A new ETH Stamp is currently being beta tested. Performance and data will be monitored over the next few days. Further details will be announced next week.

Gitcoin Passport expresses gratitude for the funds received in the RPGF3 round of Optimism. They thank Optimism for their partnership and commitment to sustaining identity and Sybil defense web3 solutions.