Gitcoin
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Gitcoin to shut down software division, refocus on grants program
#Ethereum -based public goods funding platform Gitcoin is closing its software development arm, #GitcoinLabs, citing financial challenges and an unsustainable path to profitability. The move, announced Friday, follows a year of strategic restructuring. #Gitcoin will continue operating its Grants Program and maintain certain tools like the Human Passport, while winding down others including Grants Stack and Allo Protocol. Remaining funds will be used to cover severance payments for affected employees.
#Ethereum -based public goods funding platform Gitcoin is closing its software development arm, #GitcoinLabs, citing financial challenges and an unsustainable path to profitability. The move, announced Friday, follows a year of strategic restructuring. #Gitcoin will continue operating its Grants Program and maintain certain tools like the Human Passport, while winding down others including Grants Stack and Allo Protocol. Remaining funds will be used to cover severance payments for affected employees.
🚨#GITCOIN WINDS DOWN GRANTS LAB
🔹Gitcoin to shut down Grants Lab, its main software dev unit, due to unsustainable financials.
🔹Affected employees offered severance, vested tokens & career support.
🔹Grants Stack sunsets May 31, 2025 — users advised to transition.
🔹Gitcoin shifts focus to Passport (@HumnPassport), Grants Program, KERNEL, Public Works, and Allo Capital.
🔹Mission to fund public goods remains; GG24 still on track.
#Gitcoin #GrantsLab #PublicGoods
-Gitcoin co-founder Kevin's statement$GTC
🔹Gitcoin to shut down Grants Lab, its main software dev unit, due to unsustainable financials.
🔹Affected employees offered severance, vested tokens & career support.
🔹Grants Stack sunsets May 31, 2025 — users advised to transition.
🔹Gitcoin shifts focus to Passport (@HumnPassport), Grants Program, KERNEL, Public Works, and Allo Capital.
🔹Mission to fund public goods remains; GG24 still on track.
#Gitcoin #GrantsLab #PublicGoods
-Gitcoin co-founder Kevin's statement$GTC
$GTC has only 100m supply and $33 million market cap. Does it not sound enthusiastic? Shouldn't you hold this coin for the #Altseason which is on the way?
No risk, no game!
Fortune favours the bold!
$BTC #Gitcoin
No risk, no game!
Fortune favours the bold!
$BTC #Gitcoin
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✋ Gitcoin has decided to shut down Grants Lab, its core software development unit.
Grants Stack will cease operations after May 31, 2025, due to financial pressures and the lack of a sustainable business model.
Nonetheless, Gitcoin remains committed to supporting public goods through projects like Gitcoin Passport, KERNEL, and Allo Capital, with more updates coming soon.
At the same time, the price of $GTC has increased by 36.11% over 7 days, with a current FDV market value of $33.70 million.
#GTC #Gitcoin #Flicky123Nohawn
Grants Stack will cease operations after May 31, 2025, due to financial pressures and the lack of a sustainable business model.
Nonetheless, Gitcoin remains committed to supporting public goods through projects like Gitcoin Passport, KERNEL, and Allo Capital, with more updates coming soon.
At the same time, the price of $GTC has increased by 36.11% over 7 days, with a current FDV market value of $33.70 million.
#GTC #Gitcoin #Flicky123Nohawn
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Gitcoin will close Grants Lab in light of changing ecosystem challenges.
📍 Summary: According to BlockBeats, Gitcoin co-founder Kevin Owocki announced on social media that the organization will close its main software development division, Grants Lab, and part ways with several talented team members. This decision marks one of the most challenging moments since Gitcoin's inception.
The closure is attributed to changes in the ecosystem, including evolving public goods funding methods, the maturation of Layer 2 ecosystems, innovative collaboration mechanisms, and the emergence of new competitors. Additionally, key members of Grants Lab have departed, and the team lacks a clear and sustainable revenue model in its current form, leading to financial expenditures that exceed manageable limits.
The closure is attributed to changes in the ecosystem, including evolving public goods funding methods, the maturation of Layer 2 ecosystems, innovative collaboration mechanisms, and the emergence of new competitors. Additionally, key members of Grants Lab have departed, and the team lacks a clear and sustainable revenue model in its current form, leading to financial expenditures that exceed manageable limits.
$GTC / USDT - Showing Strong Bullish Momentum on Binance! 🌳📈
Let's dive into the 4-hour chart for $GTC / USDT. We're witnessing some impressive upward movement with the price currently at $0.283.
Here's a quick overview:
* Current Price: $0.283
* Significant Daily Gain: +10.55%
* Recent 4h Climb: +$0.005 (+1.80%) - indicating a solid and continuing upward trend.
* 24h High: $0.293
* 24h Low: $0.252
* Healthy 24h Volume (GTC): 4.19M
* Decent 24h Volume (USDT): 1.14M
Observations:
* GTC is displaying strong bullish momentum today, making it a notable gainer.
* The price is steadily climbing on the 4-hour chart and is approaching its 24-hour high.
* The trading volume is healthy, supporting this upward trend.
What to keep an eye on:
* Will $GTC break through the $0.293 resistance and aim for higher targets?
* Will the buying volume continue to drive this upward movement?
What are your thoughts on Gitcoin's recent performance? Share your analysis and predictions below! 👇
#GTC #GTCUSDT #Gitcoin #Infrastructure #BullishMomentum
Let's dive into the 4-hour chart for $GTC / USDT. We're witnessing some impressive upward movement with the price currently at $0.283.
Here's a quick overview:
* Current Price: $0.283
* Significant Daily Gain: +10.55%
* Recent 4h Climb: +$0.005 (+1.80%) - indicating a solid and continuing upward trend.
* 24h High: $0.293
* 24h Low: $0.252
* Healthy 24h Volume (GTC): 4.19M
* Decent 24h Volume (USDT): 1.14M
Observations:
* GTC is displaying strong bullish momentum today, making it a notable gainer.
* The price is steadily climbing on the 4-hour chart and is approaching its 24-hour high.
* The trading volume is healthy, supporting this upward trend.
What to keep an eye on:
* Will $GTC break through the $0.293 resistance and aim for higher targets?
* Will the buying volume continue to drive this upward movement?
What are your thoughts on Gitcoin's recent performance? Share your analysis and predictions below! 👇
#GTC #GTCUSDT #Gitcoin #Infrastructure #BullishMomentum
$GTC buy GTC at this price and you will thank me later... A great potential ahead...
#Gitcoin #Altseason
#Gitcoin #Altseason
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If $GTC is stable here, just go up and touch the top of 1.78. If it breaks, it will be 2.4. If it doesn’t break, go back to your hometown.
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GTC
@Gitcoin defines itself as a community of creators and protocols to develop the future of the open internet. The platform’s cryptocurrency is GTC. In addition, Vitalik Buterin, the founder of Ethereum, is one of the project’s biggest supporters.
Gitcoin is governed by a DAO (decentralized autonomous organization). The GTC token is necessary for the creation and financing of the DAO that will govern Gitcoin. GTC token holders can have a say in decisions about the platform’s future.
The DAO has been described as the “ship” of Gitcoin’s mission. It consists of community members who coordinate to fund public goods. Decisions are made about where resources will be allocated. Moreover, GTC is gradually decentralizing Gitcoin as its governance token through the Gitcoin DAO.
Gitcoin enables projects, independent developers, and funders to connect and work together on open source software. Project owners can post ads on Gitcoin, while graphic designers and software developers can choose the project that suits them and receive payment in cryptocurrency.
Gitcoin also helps sustain open source projects that add significant value to the Web3 ecosystem. Funders can support projects they deem beneficial to the Web3 ecosystem through Gitcoin.
Projects can also organize hackathons on Gitcoin. Individual participants can participate in these hackathons to win prizes and connect with their peers.
Individuals can also participate in hackathons organized by projects to win prizes and connect with their peers. Data and funds are stored on the Ethereum blockchain, ensuring that Gitcoin is not in a position to monetize users' data.
$BTC
$GTC
$BNB
#AIAndGameFiBoom #gitcoin #gtc #binance #writetoearn
@Gitcoin defines itself as a community of creators and protocols to develop the future of the open internet. The platform’s cryptocurrency is GTC. In addition, Vitalik Buterin, the founder of Ethereum, is one of the project’s biggest supporters.
Gitcoin is governed by a DAO (decentralized autonomous organization). The GTC token is necessary for the creation and financing of the DAO that will govern Gitcoin. GTC token holders can have a say in decisions about the platform’s future.
The DAO has been described as the “ship” of Gitcoin’s mission. It consists of community members who coordinate to fund public goods. Decisions are made about where resources will be allocated. Moreover, GTC is gradually decentralizing Gitcoin as its governance token through the Gitcoin DAO.
Gitcoin enables projects, independent developers, and funders to connect and work together on open source software. Project owners can post ads on Gitcoin, while graphic designers and software developers can choose the project that suits them and receive payment in cryptocurrency.
Gitcoin also helps sustain open source projects that add significant value to the Web3 ecosystem. Funders can support projects they deem beneficial to the Web3 ecosystem through Gitcoin.
Projects can also organize hackathons on Gitcoin. Individual participants can participate in these hackathons to win prizes and connect with their peers.
Individuals can also participate in hackathons organized by projects to win prizes and connect with their peers. Data and funds are stored on the Ethereum blockchain, ensuring that Gitcoin is not in a position to monetize users' data.
$BTC
$GTC
$BNB
#AIAndGameFiBoom #gitcoin #gtc #binance #writetoearn
Gitcoin announced the launch of the Zuzalu QF sponsorship program.
The program will use the Gitcoin Grants Stack, from Jan 15th to Feb 15th, 2024.
The program’s goal is to encourage the growth of spinoff events (Zu-villages) and to fund technology-based projects (digital public goods) that align with Zuzalu’s mission.
#gitcoin #Zuzalu #dyor #polygon
The program will use the Gitcoin Grants Stack, from Jan 15th to Feb 15th, 2024.
The program’s goal is to encourage the growth of spinoff events (Zu-villages) and to fund technology-based projects (digital public goods) that align with Zuzalu’s mission.
#gitcoin #Zuzalu #dyor #polygon
$GTC gitcoin look ready to big gainer this week
#bullishaf #GITCOIN #VitalikButerin #bullishmomentum #Binance!
#bullishaf #GITCOIN #VitalikButerin #bullishmomentum #Binance!
$GTC (Gitcoin)
Price: $0.719
Change: +2.86%
Analysis: Moderate growth indicates a potential accumulation phase. GTC’s utility in funding open-source projects could boost its appeal.
Monitor volume for a breakout past $0.75. Use stop losses in case of retracements.
#Gitcoin #CryptoGrowth
Price: $0.719
Change: +2.86%
Analysis: Moderate growth indicates a potential accumulation phase. GTC’s utility in funding open-source projects could boost its appeal.
Monitor volume for a breakout past $0.75. Use stop losses in case of retracements.
#Gitcoin #CryptoGrowth
Gitcoin price today is $ 0.330149 with a 24-hour trading volume of $ 11.66M, market cap of $ 21.89M, and market dominance of 0.00%. The GTC price increased 6.16% in the last 24 hours.
Gitcoin reached its highest price on Nov 27, 2021 when it was trading at its all-time high of $ 28.39, while Gitcoin's lowest price was recorded on Mar 11, 2025 when it was trading at its all-time low of $ 0.292589. The lowest price since it's ATH was $ 0.292589 (cycle low). The highest GTC price since the last cycle low was $ 0.337313 (cycle high). The Gitcoin price prediction sentiment is currently bearish , while Fear & Greed Index is showing 24 (Extreme Fear).
Gitcoin's current circulating supply is 66.29M GTC out of max supply of 100.00M GTC.
#GTC #Gitcoin $GTC
Gitcoin reached its highest price on Nov 27, 2021 when it was trading at its all-time high of $ 28.39, while Gitcoin's lowest price was recorded on Mar 11, 2025 when it was trading at its all-time low of $ 0.292589. The lowest price since it's ATH was $ 0.292589 (cycle low). The highest GTC price since the last cycle low was $ 0.337313 (cycle high). The Gitcoin price prediction sentiment is currently bearish , while Fear & Greed Index is showing 24 (Extreme Fear).
Gitcoin's current circulating supply is 66.29M GTC out of max supply of 100.00M GTC.
#GTC #Gitcoin $GTC
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