Gitcoin

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

As we have grown from the singular focus of driving funding for our Program Rounds to now driving BD for multiple product workstreams, so too does the BD function need to evolve to drive pipeline development for the whole of our product offerings (Allo, Grants Stack, Program Rounds, and Passport).

As described in the S19 Budget Amended Budget, we defined discrete goals and objectives to help build a foundation for success. As we move forward and look ahead to the S20/21 budget cycle, we would like to build the case that the function of BD is more important than ever, and, as such, we should break out this function into a new, independent workstream.

Amount The GSD Workstream requests $396,710.94 for S20/21, excluding reserves.

The target address for transfer will be a new multisig for the GSD workstream.

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.