GG18 has ended, what happens next?
It takes time for us to process and confirm the results, here's what happens now the round has ended:
We did it!
Thank you to all of the grantees, partners, donors and team for making this happen. For more funding opportunities, view our live rounds below.
Total donated
$124,000
Total Donations
42,000
Unique Donors
12,129
It takes time for us to process and confirm the results, here's what happens now the round has ended:
1.
Actively identifying and addressing sybil attacks to ensure network integrity and security.
2.
Findings and results are posted on our forum for review, discussion, and feedback.
3.
Results are voted on, ratified, and funds are then allocated accordingly to successful grantees
These rounds have now ended
Thank you to our partners
About
Gitcoin Grants is a quarterly initiative empowering early-stage builders through a combination of crowdfunding and grants
The Gitcoin Grants program is a quarterly initiative run by Gitcoin that empowers everyday believers in web3 to drive funding toward what they believe matters, with the impact of individual donations magnified by the use of the Quadratic Funding (QF) distribution mechanism. QF was introduced in a paper published in 2018 by Vitalik Buterin, Zoe Hitzig, and Glen Weyl.
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Gitcoinâs mission began in 2017 by creating better incentives to support and fund open-source software developers. The mission eventually evolved to building and sustaining digital public goods. GR1, in 2019, saw 200 contributors and $38k raised. Since then, we have run two-week rounds once per quarter, with the most recent being GR15, which saw a total of $4.4M distributed to grantees. Across the first 15 grant rounds, $50.82M has been distributed in total.
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During a QF round, the community contributes to the project they feel should be funded and supported; a matching partner offers funds to match the communityâs contributions, but not in a 1:1 match. Instead, the fund matching is more aligned with the sentiment of the community as opposed to the sheer dollar value amount raised by any grantee. The number of contributions matters more than the amount funded.
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If you want to keep up to date on our current and upcoming rounds, make sure to check the Grantee Portal often or sign up for email updates by checking the box âFunding my Projectâ and submitting your info.
