Gitcoin is a platform to fund builders looking for meaningful, open-source work. They’ve pioneered Quadratic Funding, a novel, democratic way to fund public goods in their quarterly Gitcoin Grants rounds. Since its launch in November 2017, Gitcoin Grants has now provided nearly $16M of funding to public goods.
Gitcoin is airdropping its new governance token GTC to various early participants of the platform. A total of 15,000,000 GTC has been allocated to GMV (Gross Marketplace Value), users who’ve done on-platform actions, KERNEL members, and projects who’ve participated in the Funder’s League.
- Visit the Gitcoin airdrop claim page.
- Log in using Github.
- If you’re eligible, then you will see your claim amount.
- Now connect your ETH wallet, click on “Get started” and complete the three required missions.
- You will be able to claim your tokens once you’ve completed the missions.
- A total of 15,000,000 GTC has been allocated to various past Gitcoin participants. They’re distributed as follows:
- 10,080,000 GTC has been allocated to GMV (Gross Marketplace Value), which means any action in which value flowed through Gitcoin. This includes bounties, tips, hackathons, and grants. GMV allocations were split evenly between spenders and earners.
- 3,060,000 GTC has been allocated to on-platform actions, which means any user who opened a bounty, submitted work to a bounty, opened a grant or contributed to a grant.
- 240,000 GTC has been allocated to members of KERNEL.
- The remaining 900,000 GTC has been allocated to projects who’ve participated in the Funder’s League.
- For more information regarding the airdrop, see this article. You can also check out this video to learn how to claim your tokens.