Gitcoin

This is the integrated funding proposal for the Grants Program Team (GPT) Workstream, requesting funding for Season 20 and S21 (1 Nov 2023 through 30 April 2024), authored by Sov.

TL;DR Gitcoin has always placed community and impact at the forefront of its endeavors. Gitcoin Grants, often hailed as “the soul of Gitcoin,” have pioneered Quadratic Funding and served as a profound catalyst for recognition and impact in the decentralized world.

Starting in Season 20, we propose that PGF, the group primarily responsible for the Gitcoin Grants Program and Gitcoin Partnerships, bifurcate into two distinct workstreams: the Grant Programs Team (GPT) and GSD.

This proposal will articulate the vision, structure, and budget for the GPT Workstream. We will post a similar proposal for GSD here on the forum for the community to review very soon.

GPT will be responsible for the success of both Program and Community Rounds during the Gitcoin Grants cycles. GPT’s Top Goals include Growing/Operating our Program Rounds, Supporting Community Rounds, Dogfooding/Protocol Adoption, and Educating the Community.

Economics The GPT Workstream requests $455,008 for S20/21, excluding reserves and rolled-over amounts.

The target address for transfer is The GPT Multisig (previously known as the PGF Multisig).

Note: GSD will take 50% of the current reserves from the PGF Multisig to fund initial reserves after the formal creation of that workstream.

Note: The GTC amount requested and reserves will be added when this proposal moves to Tally, using the lower of the current price or the 20-day moving average.