Gitcoin emerges as a collaborative platform that combines developers, creators, and protocols to enhance the open internet’s infrastructure. At the core of its mission, Gitcoin focuses on nurturing the growth of Web3 by providing tools and networks essential for open-source development. Integral to its governance is the Gitcoin (GTC) token, introduced in late May 2021 to facilitate the establishment and funding of the Gitcoin Decentralized Autonomous Organization (DAO).
Empowering Open-Source Projects and Developers
Gitcoin stands out by offering substantial support for open-source initiatives. By June 2021, the platform had already channelled over $20 million to such projects, with a vigorous developer base of more than 160,000 contributing to around 1,600 new projects every month. The platform envisions a digital realm termed “Quadratic Lands,” which prioritizes digital democracy and robust community engagement.
Furthermore, Gitcoin is determined to construct a collaborative, open-source internet that economically empowers its users. The Gitcoin community, through GitcoinDAO, is guiding the platform towards Quadratic Lands. This ideal future envisions a democratic allocation and funding of public goods. Governance initially concentrates on managing Gitcoin Grants and the DAO’s treasury, shaping grant guidelines, and overseeing approval processes during grant rounds.
Seamless Acquisition of Gitcoin Coin
Purchasing GTC Coin is straightforward and safe via Binance, the leading cryptocurrency exchange by trading volume. Interested buyers must register on Binance, transfer fiat currency, and then trade for GTC using various pairs such as BUSD, BTC, BNB, or USDT. Additionally, Binance facilitates placing buy orders at desired prices through its Limit tab, offering flexibility and control to users.
In summary, Gitcoin is at the forefront of fostering open-source development, with its native GTC token enabling community governance and the realization of a democratically driven digital ecosystem. The platform’s unique approach to funding and building communities, along with user-friendly purchase methods for its governance token, positions Gitcoin as a significant player in the Web3 landscape.