Gitcoin

Season 16 Budget Proposal

This is a funding proposal for the Gitcoin Product Collective (GPC) Workstream requesting ratification budgetary funds for Season 16

TL;DR 3 main takeaways:

• GPC merged with the Moonshot Collective 3, consolidating the Gitcoin DAO’s software building teams into one workstream. The GPC Budget for S16 is relatively flat from S15 despite the merge and the inclusion of new talent from Moonshot, as the merge relieved GPC’s reliance on outside contracted resources.

• GPC’s focus is now 100% on launching the Grants Protocol with the DAO’s recent commitment to replace GR16 2 with an alpha round on the protocol.

• Gitcoin Passport is here, and it’s awesome. We will spend much of this season growing our list of integration partners and continue to refine & build out initial use cases to confirm product market fit.

Amount:

GPC’s budget request in S16 is 1,100,689 USD or 647,464* GTC. This amount does not include a re-up of our 60 day reserves, and the full budget breakdown can be found at the end of this post.

*The GTC total will be adjusted based on the current market value at the time this proposal is moved to Tally. The vote will request the $USD amount in GTC at the lower of the current price or the 20 day moving average.