shazow / shazow.net

https://shazow.net
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post: What is Gitcoin? #13

Open shazow opened 3 years ago

shazow commented 3 years ago

What is Gitcoin?

Gitcoin is a platform for funding open source using various Ethereum mechanics.

I have a couple of projects on Gitcoin where I raise funding for work grants:

There are a lot of great projects on there, but most of them are in the Ethereum ecosystem.

I've heard of Ethereum, how is this different?

Gitcoin is composed of several technologically-interesting "money lego" pieces built on top of Ethereum:

Sounds complicated, but the implementation details aren't important...

What do I actually need to know?

All you need is an Ethereum wallet (like MetaMask) with some DAI (and a bit of Ether to pay for gas) which you can get on an exchange like Coinbase, and off you go.

Why should I donate through Gitcoin?

  1. It's a great way to test drive a lot of cutting edge technology and see what a consumer application of them might look like.
  2. If there is a Grant Matching event going on, then projects with more unique contributors will get a multiplier on the funds raised!
  3. I like the people behind it, they do good work. :)