What Is Gitcoin (GTC)?​

Gitcoin creates technologies and opportunities that empower communities to fund, build, and protect what matters.

Through the Gitcoin Grants Program, there has been over $54 million distributed to early-stage builders that champion public goods initiatives in decentralized finance (DeFi), climate, open sourcing, and beyond.

Core products include Gitcoin Grants Stack, the end-to-end grants management solution, Allo Protocol, an open-source funding protocol, and Gitcoin Passport, an all-encompassing decentralized identity management tool.

GTC is Gitcoin’s governance token, launched in late May 2021. The token is needed for the creation and funding of the DAO that will govern Gitcoin.

What Is Gitcoin (GTC)?​

Gitcoin creates technologies and opportunities that empower communities to fund, build, and protect what matters.

Through the Gitcoin Grants Program, there has been over $54 million distributed to early-stage builders that champion public goods initiatives in decentralized finance (DeFi), climate, open sourcing, and beyond.

Core products include Gitcoin Grants Stack, the end-to-end grants management solution, Allo Protocol, an open-source funding protocol, and Gitcoin Passport, an all-encompassing decentralized identity management tool.

GTC is Gitcoin’s governance token, launched in late May 2021. The token is needed for the creation and funding of the DAO that will govern Gitcoin.

Who Are the Founders of Gitcoin?​

Gitcoin was founded by Keving Owocki and Kyle Weiss. Since then, Gitcoin underwent shift from a monolithic platform to a suite of modular protocols and embraces a spectrum of mechanisms like Quadratic Voting, Direct Grants and Retroactive Public Goods Funding.

What Makes Gitcoin Unique?​

Gitcoin inspires a world shaped by community-led positive change and has helped create more than $29 billion in global financial impact..

Gitcoin cultivates and nutures the “Quadratic Lands” — a ecosystem with digital democracy and a strong emphasis on community building.

How Many Gitcoin (GTC) Coins Are There in Circulation?​

The total supply of GTC is 100,000,000 tokens. 15% is set aside for a retroactive airdrop, 50% is in the Gitcoin DAO and 35% is for existing stakeholders. The retroactive airdrop is for past users of Gitcoin, the DAO allocation is for governance purposes and the existing stakeholders include anyone who has contributed to building Gitcoin in the past or the future (with a vesting schedule of at least two years for Gitcoin team members).

For more information about GTC’s distribution, see here.

How Is the Gitcoin Network Secured?​

GTC has no economic value, according to the token’s introductory blog post. Gitcoin is a fork of the COMP/UNI governance system, with a built-in delegation prompt in the retroactive claim process.

Where Can You Buy Gitcoin (GTC)?​

You can buy Gitcoin on Binance, Coinbase, Kucoin and other exchanges. Check out our market pairs tab for more information.

Related Pages:​

Learn more about EFFORCE.

See more about Uniswap.

Learn more about DAOs.

Check out the CoinMarketCap blog.