Gitcoin is a donation platform for open source software. Users can support various decentralized open source projects through Gitcoin. Early projects can also receive donations on Gitcoin to maintain operations.
Some well-known projects such as Uniswap, 1inch, MaskNetwork, ENS, etc. have participated in Gitcoin Grants, so Gitcoin is also called the "Arsenal of Ethereum."
In each round of Gitcoin Grants, in addition to receiving donations from users, Gitcoin will also use the Quadratic Funding model to allocate funds from the Ethereum Foundation to high-quality projects. This allocation method has also been supported by V God. (Vitalik Buterin)’s recognition has greatly promoted the community impact of Gitcoin Grants.
Gitcoin Grants donation activities have been carried out 18 times so far (16 rounds + Alpha Round + Beta Round). In the process of helping the project grow, it also brings rewards such as token airdrops to donors. More and more users are using Gitcoin Enter the world of Web3.
Gitcoin has been exploring more efficient ways to donate, and is committed to moving from secondary matching donations (that is, QF's centralized grants) to GitcoinDAO: creating a decentralized and customizable grant protocol.
With the Gitcoin Alpha Round in January 2023 and the Gitcoin Beta Round in April, Gitcoin has improved its donation methods and will conduct Gitcoin Grants 19 from November 15 to November 29, 2023.
Next, Biteye will briefly introduce the differences between Gitcoin Grants 19 and previous donations, and carefully select some high-quality projects for you.
Table of contents
1. Introduction to Gitcoin Grants 19
2. Gitcoin Grants 19 Donation Suggestions
3. Gitcoin Grants 19 Donation Tutorial
4. Gitcoin Grants 19 project recommendations (continuously updated)
01 Gitcoin Grants 19 Introduction
1. Gitcoin Grants 19 is the 19th round of the Gitcoin series of donations. Since 2023, Gitcoin has tested a new donation matching method, Grants Stack, through Alpha Round and Beta Round, transferring past centralized donations to a donation method initiated, voted, and managed by the community, helping communities that apply for donations build a good chain. reputation, while allocating funds to projects that are more popular with users.
2. GG19 donations are divided into two parts : Program Rounds and Community Rounds . Selected projects need to meet qualifications such as "not raising large amounts of external funds through venture capital, token issuance or NFT sales." .
3. Program Rounds refer to specific grant rounds that are directly managed and overseen by the Gitcoin Grants Program Team (GPT, formerly PGF). Projects selected for this round need to be in line with Gitcoin's mission and values, emphasizing transparency, decentralization and community participation.
There are three parts this time, with a total matching pool of $600,000:
- Ethereum Infrastructure (200,000 USDC)
- Web3 Community & Education (200,000 DAI)
- Web3 Open Source Software (200,000 DAI)
4. Community Rounds are matching pools set by external partners. The setting of this round provides a more decentralized and community-driven approach, allowing external entities to take the lead in organizing and participating in management.
There are nine parts in this round, with a total matching pool of approximately US$640,000:
- Arbitrum Citizens Retrofunding Round 1
- Meta Pool
- Global Chinese Community
- Token Engineering Commons (TEC)
- Open Civics
- Climate Solutions
- Web3 Social
- Meta Gov - Governance Research
5. The duration of Gitcoin Grants 19 is from 12:00 UTC on November 15 to 23:59 UTC on November 29. You can follow Biteye’s official Twitter for the latest updates on donations.
Gitcoin Grants 19 supports donations on multiple chains: Arbitrum, Optimism, PGN, etc. PGN, the full name of Public Goods Network, is an L2 specially designed for donations.
Using both OP and PGN donations will greatly reduce network fees, and you can use Minibridge to quickly bridge assets to the target chain:
6. The anti-witch method of Gitcoin Grants 19 still uses Gitcoin Passport . As a verification method, Passport has been adopted by projects such as Linea and Link3. It is recommended that everyone pay attention to it.
Users can log in and bind social media and wallets to increase their weight. Because Gitcoin Passport is reset every 90 days, users need to relink before donating.
Only users who reach 15 points or above in this round can get additional matching donations. You can learn how to set up Gitcoin Passport in this tweet.
In addition, you can also use the Chaineye Gitcoin panel to view the current donation status of various categories of projects. You can choose to quickly find popular projects in different sections according to the donation amount and number of donors:
(Use the Gitcoin19 panel to view current project donations)
02 Gitcoin Grants 19 Donation Suggestions
Based on past rounds of donations, Biteye has summarized the following donation suggestions:
1. Although Gitcoin has no limit on donation amount, the minimum amount of each project is at least greater than 1U. On the other hand, due to the price fluctuation of ETH, you can choose DAI to donate; if you use eth to donate, considering the price fluctuation, it is recommended to donate 0.001eth Above; (Note: Some project parties only use donation as the criterion for airdrops, while some projects will use the donation amount as the weight)
2. Gitcoin donation is a good on-chain interaction behavior. Optimism and Celestia once considered "users making Gitcoin donations on the main network" as one of the weights of airdrops. Donation is also a low-cost method to increase Passport scores;
3. Use MiniBridge to donate funds across the PGN chain, which can minimize network fees and interact with the PGN chain recommended by the official;
4. Donation should not be too late. It is easy to encounter network congestion when donating in the last few days, resulting in missing the donation time;
5. Verify your passport to a score of 15 or above before making a donation. The 15-25 range will receive higher weight as the score increases;
6. It is recommended that multi-account users pay attention to the diversity of donations when donating, and can adopt a 2+1 donation method, that is, 2 target projects plus 1 random project.
03 Gitcoin Grants 19 Donation Tutorial
If you already know how to donate, you can directly view the recommended projects in Part 4 to donate, or you can read the minimalist guide from Biteye founder Teddy:
If you don’t understand Gitcoin’s donation process, you can check out the previous Alpha Round donation video first. We will update Gitcoin Grants 19 as soon as possible:
04 Gitcoin Grants 19 Donation project introduction (continuously updated)
(1) Web3 Open Source Software
Web3 OSS grants are primarily targeted at open source projects that are developing on or advancing the broader Ethereum and Web3 industries. Open source software is mostly based on concepts such as Web3, DeFi, and NFT. Projects in these tracks have also had precedents of airdrops to donors in the past.
Mini Bridge is a "0 fee" cross-chain tool that has the advantages of supporting multiple chains and fast confirmation. It was developed by the Chaineye team for users' small-amount transfer scenarios. Chaineye is the winning project of the 2023 Shanghai Ethereum Conference and has received financial support from Gitcoin, Optimism and Arbitrum.
Mini Bridge has also been selected for the Global Chinese Community Round at GG19, please give us a call!
As a protocol, Umbra defines a simple set of standards to enable private transfers on Ethereum through smart contracts. Umbra currently supports mainnet and multiple L2s, and will use funds to continue deploying to multiple chains.
Hey.xyz (formerly Lenster) is a decentralized, permissionless social media application. Hey.xyz runs on the Polygon network, so users can interact with the dApp seamlessly, no fees are required, and no one can delete anything from the application, not even administrators. Hey.xyz is powered by Lens Protocol, a decentralized social graph built by Aave Inc.👻.
JediSwap is a DEX built on StarkNet - a Validity Rollup on Ethereum that enables unlimited scalability to web3 while relying on the security of Ethereum. JediSwap is a completely community-driven project, and anyone can start contributing to JediSwap by joining the JediSwap Discord.
A one-stop deauthorization platform, users can use Revoke to cancel token authorization as soon as possible after receiving an attack report.
The dm3 protocol is a lightweight information transfer protocol based on Web3 technology, focusing on secure end-to-end encryption, decentralization, scalability and interoperability. The dm3 registry is based on ENS, that is, the dm3 configuration file is added to the ENS name as a text record.
OmniBTC is a decentralized cross-chain exchange and lending platform designed to connect and unify all on-chain liquidity. It supports more than 17 chains and 20+ DEX, allowing users to cross any token on any chain with one click.
Reason for recommendation: This project has certain airdrop expectations and has a large community.
Glo Dollar is a fully backed stablecoin pegged to the U.S. dollar, backed 1:1 by cash reserves and U.S. Treasury bonds. Like other stablecoins, reserves supporting Glo Dollar will receive interest of sufficient scale, the difference is that Glo Dollar's interest Mainly used to reduce extreme poverty.
When the Glo Foundation earns income from its reserves, the proceeds are donated to GiveDirectly's basic income program, which helps people escape extreme poverty.
There are currently 20 organizations adopting, donating to, or partnering with Glo to integrate philanthropy into their operations.
Reason for recommendation: The concept is novel and the vision is good.
(2) Web3 Community and Education (Web3 Community and Education)
Web3 Community and Education This grant focuses on non-software projects that move the Web3 space forward, including developing new communities, providing educational resources, creating content, protecting users, and advocating for inclusion and diversity.
Biteye is Asia's leading Web3 research community. It produces forward-looking investment research content and tools through community and AI-driven methods to help community members explore the Web3 rabbit hole.
This is a decentralized reputation system that uses badges to create Web3 users’ achievements and on-chain profiles. On top of EtherScore, Dapps can develop reputation-based services such as curated social networks, fair airdrops/ICOs, DeFi and DAO governance.
Reason for recommendation: Preventing witch attacks has always been one of the areas that the project team attaches great importance to in airdrops. This project can effectively identify real users.
A community for Crypto Alpha exploration, exploring early and emerging projects and sharing them with the public and Discord. It supports projects by providing guidance on marketing strategies, event development, and educational content.
Reason for recommendation: Has a certain influence in the crypto Twitter community.
(3) Ethereum Core Infrastructure, Research, and Development
Ethereum core infrastructure, research and development is provided to support the Ethereum ecosystem. This category includes the following areas: core client development, tool vendors, and ancillary products that demonstrate ecosystem concepts.
L2BEAT is an analysis and research platform dedicated to Ethereum Layer 2 (L2) scaling solutions, with the goal of comprehensively comparing various Ethereum L2 systems and providing educational services to the community with objective insights.
EthStaker is the link between infrastructure creators and users, providing guidance and technical support for ETH's infrastructure. It is committed to supporting Ethereum users to securely stake their ETH by creating guides, instructional videos, educational content, and technical support.
The community has currently set up validators, testnet faucets for various testnets, and planned devconnect events.
Reason for recommendation: Ethereum staking is one of the general directions of the future of blockchain, and the related infrastructure and educational community are worthy of attention.
ZK Email is a set of open source SDK, libraries and protocols (https://prove.email) that supports anonymous certification of email content on the chain. It can also prove the identity of the certifier such as twitter account certification, github contribution certification and anonymous KYC. Very useful, the project is currently highly open source.
Biteye and Mini Bridge were selected in the categories of Web3 Community Education, Open Source Software and Global Chinese Community respectively. Welcome to support us in the three categories!