Gitcoin Grants 24, running October 14-28, 2025, debuted the Gitcoin 3.0 architecture, distributing over $1.8 million across six domains using quadratic funding, retroactive funding, conviction voting, and other mechanisms.
Following GG23, Gitcoin formally sunset Grants Stack and Grants Lab, with future infrastructure decisions delegated to community governance.
Gitcoin announced it would close its primary software development unit, Gitcoin Labs, and sunset Grants Stack and Allo Protocol by end of May 2025, citing lack of profitability.
Gitcoin sunset its centralized cGrants platform for bounties and hackathons, redirecting that business to Buidlbox and focusing on the Grants program.
Gitcoin publicly launched its Grants Stack application and Allo Protocol smart-contract layer, enabling any community to run grants rounds on a protocol-level infrastructure.
Gitcoin Passport, a sybil-resistance and identity tool, soft-launched and gained over 100k users to help gate quadratic funding rounds against fake identities.
Gitcoin issued its GTC token via a retroactive airdrop, allocating 15% to users, 50% to the DAO, and 35% to stakeholders, while decentralizing governance to the community and creating the Gitcoin DAO.
Gitcoin Grants launched its first quadratic funding round (GR1, February 1-15, 2019), matching donations to open-source projects using the Liberal Radicalism mechanism.
Gitcoin was founded by Kevin Owocki, Scott Moore, and Vivek Singh to fund public goods on Ethereum, launching with its bounty program.