Gitcoin GTC

1. Summary

Ranks

Liquidity

94

Developer

90

Social

96

Momentum (beta)

42

Stack Rank™

78

Price

$0.96 -1.0%

Market Cap

$58.62M (#543)

Supply

60.86M / 100.00M

Tags

Ethereum Ecosystem Paradigm Portfolio

More Metrics

Price
52W High price	$2.38
52W High date	10th Mar 2024 (4 months ago)
All Time High (ATH) Date	27th Nov 2021 (2 years ago)
ATH Price	$22.37
% From ATH	-94.92%
All Time Low (ATL) Date	17th Aug 2023 (11 months ago)
ATL Price	$0.79
% From ATL	43.28%

Supply & Trading Volume
Trading Volume (24h)	$4.66M
Total Supply	100.00M
Max Supply	100.00M
Circulating Supply	60.86M

Less Metrics

Description

Gitcoin is a decentralized platform designed to empower open-source software development by providing a space for developers to work on meaningful, funded projects. Based on Ethereum, Gitcoin ensures that its ecosystem is free, fair, and open forever. By leveraging Ethereum's smart contract infrastructure, the platform enables seamless, secure paym...

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Gitcoin is a decentralized platform designed to empower open-source software development by providing a space for developers to work on meaningful, funded projects. Based on Ethereum, Gitcoin ensures that its ecosystem is free, fair, and open forever. By leveraging Ethereum's smart contract infrastructure, the platform enables seamless, secure payments and eliminates the need for intermediaries. At its core, Gitcoin aims to rectify the disconnect between the significant value provided by open-source developers and their compensation. It does this by tokenizing value and making it programmatically easy and secure to exchange it within the ecosystem.

The platform's key components include the Gitcoin Bounty Explorer, which indexes funded tasks available worldwide. This explorer is open-source and hosts its data securely on the Ethereum blockchain, ensuring that data is transparently managed and secure. Additionally, Gitcoin features quarterly grants programs aimed at supporting impactful projects across various domains, including DeFi, climate initiatives, and beyond.

By fostering democratic funding mechanisms and promoting open-source collaboration, Gitcoin has demonstrated significant growth, having supported over $60 million in funding and engaging a large community of over 300,000 developers. The platform offers tools for community-led funding, onchain program management, and resource allocation, as well as digital identity and protection solutions like Gitcoin Passport.

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