Public goods, including open source software, deliver billions of dollars per year in economic value, but those contributing often arenβt properly incentivized or compensated for their work.
We built Gitcoin as a means to grow and sustain public goods. We have helped people building public goods in Web3 & beyond raise over $60M by enabling institutions and the community to fund each other with cryptocurrency. However as an organization, we can only go so far. In the next phase of our development, weβre building a decentralized protocol that will empower communities to fund their own shared needs using our quadratic funding and grants management tools.