Gitcoin's Quadratic Funding Round to Empower Community-Driven Projects
CryptoNewsTerminal Staff04 Sep, 2024
Gitcoin's Quadratic Funding Round to Empower Community-Driven Projects
Gitcoin Announces Community-Centric Quadratic Funding Round Cryptocurrency crowdfunding platform Gitcoin is launching a Quadratic Funding (QF) round in collaboration with Octant, a public benefit project. This initiative aims to support community-centric projects that make a positive impact. The QF round will allow projects to receive up to a maximum of 15 ETH in funding. Quadratic Funding ensures that contributions from smaller donors have a greater impact, encouraging a wider distribution of support. Empowering Community Innovation Gitcoin and Octant believe this funding round will foster a vibrant ecosystem for projects that prioritize community engagement and impact. Successful projects will have demonstrated a strong commitment to building and empowering their communities. Interested projects are encouraged to apply on Gitcoin's platform. The QF round will commence later this month, providing a unique opportunity for innovative community-driven projects to secure funding and drive positive change.
