Gitcoin

This vote is looking to pass funding for KERNEL with an amended 49K in GTC for Season 14 (a 67% reduction from our original request of 150K GTC), our first as a GitcoinDAO workstream.

The total amount requested covers 2 areas:

During this season, our goals include:

• Raising sustainable funding for KERNEL in a completely web3-native way (directly from protocols and through our own projects, no venture funding), starting at home with GitcoinDAO
• Seeding a healthy KERNEL Treasury, starting with tokens / equity gifted back from ~7 KERNEL projects in S14
• Run KERNEL Block 6, an “empty” block, focusing on engineering, creative, and communal projects already percolating within KERNEL
• Select KERNEL Block 7, welcoming the next wave of 300+ KERNEL Fellows starting September 9th, 2022
• Serving in a meta-governance role in GTC, offering our perspective in protocol governance for the first time, using the KERNEL syllabus as a grounding structure

Because Gitcoin Holdings holds 24% of ‘team governance rights’ in KERNEL, and hopes to transition this to the DAO, we hope this will seed a mutually beneficial relationship as we collaborate in the decades to come to build a public educational web for all.

For more details please see this post: https://gov.gitcoin.co/t/s14-proposal-amended-x2-kernel-budget-request-of-49k-gtc/10444/2