Gitcoin (GTC), the project that wants to strengthen web3

Gitcoin (GTC) is a trending asset currently. The token was launched just a year ago. He had received visibility from Vitalik Buterin himself. THE founder of Ethereum was very enthusiastic about the Gitcoin project.

Let's see what it's all about. Let's also try to understand why the project is gaining momentum recently.

The platform aims to fund and coordinate open source development. Gitcoin uses what it calls the " Quadratic Funding » (quadratic funding). As of June 2021, Gitcoin has distributed over $21 million in grants and bounties to open source developers.

Gitcoin describes itself as a community of developers, founders, project creators Web3. Thus, the community offers tools, technologies and networks to accelerate development in the open source sphere.

Overview of Gitcoin

Gitcoin wants to develop web3, very clearly. He wants to offer tools to everyone (even those who are new to the subject).

Gitcoin is a platform that offers (remote) work to open source software developers.

Open source is a development model based on open collaboration. The word "open" means that the software is open and accessible to everyone. Everyone can participate. All coders can make their modifications. They often use them to create software that is inspired by them.

Gitcoin wants to give developers the opportunity to work without being controlled by companies. Developers can then work without interruption. They are not "hindered" by companies. Thus, they can work at their own pace.

When they complete their tasks, they receive rewards. They earn money in cryptocurrencies and very often they go earn Ethereum (ETH).

🥳 Thus, Gitcoin pays the freelance cryptos who work on software like Python, Peace, Ruby, JavaScript, Solidity, HTML, CSS, Design, and others.

Gitcoin funded web 3 to the tune of $21 million

Gitcoin has launched its own GTC token. In one year, Gitcoin has funded more than 160 people for a value of $000 million. The GTC token is a token of the Ethereum network.

Unsurprisingly, Gitcoin is a DAO, a decentralized autonomous organization. Thus, holders of the GTC token will be able to participate in project decisions.

Thus, the project finances both project founders and developers. Finally, Gitcoin aims to be a project that wants to improve the use and learning of web3.

Gitcoin also wants to develop “Quadratic Lands”. It is a digital ecosystem with a community-driven digital democracy.

One can buy GTC on BinanceOn Coinbase and Kucoin.
Discover the website Gitcoin.

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