Gitcoin to Hold AMA on X on October 30th
Gitcoin will host an AMA on X to introduce its new grantees. The grantees will present their projects and share their visions with the community. The event will take place on October 30th at 16:00 UTC.
Refer to the official tweet by GTC:
Gitcoin@gitcoinOtt 28, 2024This Wednesday, we’re rolling out the red carpet for our new grantees! Join our special shill space as they drop their projects and share their vision.
And hey, it’s open mic! Whether you're a first-timer or seasoned builder, come show some love 💚
Reminders 👇 pic.twitter.com/fy6uPZrmx9
GTC Info
Gitcoin is a platform designed to connect developers and open source contributors with people and organizations willing to fund their work. The goal of the project is to stimulate the creation and development of open source software.
The platform offers a range of tools, including bounties, virtual hackathons, rewards for contributing to certain projects, and quadratic funding grants.
Quadratic funding grants are a system in which the amount of funds allocated to a grant depends not only on the total amount of donations but also on the number of participants who made those donations. This provides a more democratic and fair way of distributing funds.
GTC is the native token of the Gitcoin platform. GTC token holders can use the tokens to participate in voting on proposals on how to use the platform's facilities, what projects to support, and what changes to make to the platform itself. In addition, GTC is used as a means of rewarding community members who contribute to the Gitcoin ecosystem.