Gitcoin

TL;DR

Gitcoin Passport aims to be the go-to solution for web3 identity management. In Seasons 20 and 21, we’ll concentrate on five key pillars:

1. Effectiveness: Improve identity scoring models
2. Adoption: Grow to 1.5M passports
3. GTC Utility: Strengthen GTC-based identity and community ties
4. Data: Enhance and aggregate Sybil detection and data sets
5. Partnerships: Increase both API and onchain partnerships

Measurement

Measuring progress against these goals will be critically important:

Effectiveness Develop a scoring model with <10% Type I errors (False positives - Sybils are classified as human)

Adoption

1. Increase Passport count to 1.5M from a baseline of ~700k-750k

GTC Utility

1. Double GTC staking to 2M GTC
2. Double the community stake addresses in the GTC social graph to 25k, up from a current baseline of 12.8k

Data

1. Identify > 1M Sybils
2. Catalog > 20,000 verified human users
3. Develop modeled insights to classify bots, suspicious activity, or reputational attributes

Partnerships

1. Partner > 70 API users from a baseline of 30-35
2. Engage > 5 onchain partners from a baseline of 0

Economics

Passport workstream is requesting an allocation of 1,251,581 GTC*, equivalent to approximately $1,101,392, to cover both S20 and S21. This includes reserve and rollover funds.

*The amount of GTC requested and the value of the reserves will be adjusted based on the current market value at the time this proposal is moved to Tally using the lower of the current price or the 20 day moving average, whichever is lower.

We will be requesting our funds through one Snapshot vote, but the release of the actual funds will be split over two Tally votes (one at the start of each season) for reasons of accountability and to mitigate potential price fluctuations.