Gitcoin is an open source bounties platform and grants program built on Ethereum to grow open source while incentivizing developers. It allows developers and companies to post software bounties and tips to fund open source development.
Gitcoin is an open source bounties platform and grants program built on Ethereum to grow open source while incentivizing developers. It was launched in 2017 as a collaborative effort between ConsenSys and the Ethereum community.
Gitcoin allows developers and companies to post software bounties for issues or features they want implemented. Anyone can then create a solution and claim the bounty as a reward if their contribution is merged. This incentivizes open source development by providing monetary compensation.
In addition to bounties funding, Gitcoin also features a recurring grants program where open source developers and projects can seek monthly funding from the community to enable sustained development. The platform uses quadratic funding to incentivize community support.
Some key benefits and features of Gitcoin include:
Overall, Gitcoin aims to grow open source development by realigning incentives through bounties, tips, hackathons and grants using blockchain technology.
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