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Cryptocurrency News Articles

GG23 Retro Round Voting Process Explained

Apr 19, 2025 at 03:27 am

Gitcoin will host an AMA on X to explain the GG23 Retro Round voting process, including how to vote, key considerations, and how votes shape outcomes.

GG23 Retro Round Voting Process Explained

Gitcoin will host an AMA on X on April 22nd at 17:00 UTC to explain the GG23 Retro Round voting process, including how to vote, key considerations, and how votes shape outcomes.

About Gitcoin

Gitcoin is a platform designed to connect developers and open source contributors with people and organizations willing to fund their work. The goal of the project is to stimulate the creation and development of open source software.

The platform offers a range of tools, including bounties, virtual hackathons, rewards for contributing to certain projects, and quadratic funding grants.

Quadratic funding grants are a system in which the amount of funds allocated to a grant depends not only on the total amount of donations but also on the number of participants who made those donations. This provides a more democratic and fairer way of distributing funds.

Gitcoin's native token is GTC. GTC token holders can use the tokens to participate in voting on proposals on how to use the platform's facilities, what projects to support, and what changes to make to the platform itself. In addition, GTC is used as a means of rewarding community members who contribute to the Gitcoin ecosystem.

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Other articles published on Apr 26, 2025