Gitcoin is an Ethereum-based decentralized open-source funding platform.
Gitcoin (GTC) is an Ethereum-based, governance token for decentralized funding and community voting in open-source projects, using Quadratic Funding with limited supply and available on major exchanges.
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What is Gitcoin (GTC)?
Gitcoin (GTC) is a platform built on Ethereum intended to facilitate decentralized funding for open source projects. It employs a unique mechanism known as Quadratic Funding, which matches contributions based on the number of supporters rather than the amount contributed. The GTC token, an ERC-20 standard, is used primarily for governance within the ecosystem. Founded by Kevin Owocki in late 2017, Gitcoin started as a minimal viable product with a clear mission: to eliminate middlemen like recruiters and support open-source initiatives. Over time, the project experimented extensively but survived due to strong community backing and strategic positioning. In 2021, Gitcoin reached a new milestone, attracting investors in January and launching GitcoinDAO in May, when the GTC token was also re...
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Gitcoin price live information
As of now, Gitcoin is trading at 0.269 USD, with a 24-hour trading volume of approximately 83.70K USD. The GTC to USD price is updated in real time. Over the past 24 hours, Gitcoin has decreased by 2.18%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 25.80M USD. Currently, there are 95 909 078.459046 GTC in circulation out of a maximum supply of 100 000 000 GTC.
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