GTC

1. Project introduction

Gitcoin is the community of builders, creators, and protocols at the center of open web ecosystems. People come to Gitcoin to develop their future, and the future of the open internet.

Gitcoin is on a mission to build an internet that is open source, collaborative, and economically empowering. It is creating community and infrastructure for Web 3 — a diverse range of tools, technologies, and networks that enable people to work for the open internet. By funding projects, building community, and making learning resources accessible, Gitcoin is teaming up to create the digital public infrastructure of tomorrow.

GTC is the governance token using to decentralize Gitcoin into a DAO (GitcoinDAO) ecosystem, collectively working to fund the next generation of public goods.

GitcoinDAO is the community governed org that will be responsible for the future of Gitcoin. GitcoinDAO aims to be the best place to collectively build and fund our digital infrastructure.

The Gitcoin governance ecosystem is built around GTC, which leverages a COMP/UNI style governance that makes on-chain voting, snapshot voting and community led governance possible. At its base layer, GTC is a standard ERC20-style token with a 100m supply.

2. Application and distribution

Token application:

GTC is the governance token using to decentralize Gitcoin into a DAO (GitcoinDAO) ecosystem, collectively working to fund the next generation of public goods.

The Gitcoin governance ecosystem is built around GTC, which leverages a COMP/UNI style governance that makes on-chain voting, snapshot voting and community led governance possible. At its base layer, GTC is a standard ERC20-style token with a 100m supply.

Token distribution:

Community Distribution: 15%

Community Treasury: 50%

Team & Investors: 35%