A BULL/BEAR case for Gitcoin/GTC in 2023

[a33titude]

@a33titude

In my opinion, the bull case for GTC basically boils down to:

1. Grants will be successful & have $billions/year in capital going through it.
2. Passport will be the foundation of a new sybil resistant economy in web3.
3. Governance rights to manage these systems will somehow become valuable.
4. GitcoinDAO will survive to get to that point.

Following back to update my bull case after reading this post.

The bull case for GTC basically boils down to:

ONE OF THESE THREE:

1. Grants will be successful & have $billions/year in capital going through it.
   OR
2. Passport will be the foundation of a new sybil resistant economy in web3.
   OR
3. Mutual Grants allow Gitcoin to get upside in the next Uniswap. (new)

AND BOTH OF THESE TWO:

4. Governance rights to manage these systems will somehow become valuable.
   AND
5. GitcoinDAO will survive to get to that point.