Partnership: Gitcoin x Giveth — Quadratic Funding for OSS Domain in GG24
TL;DR
Gitcoin kicked off its multi-mechanism approach in GG23, moving beyond only QF. As we continue this successful model in GG24, Gitcoin is partnering with Giveth to run Quadratic Funding rounds focused on Open Source Software (OSS) domains. We will be announcing more partners for OSS soon!
We are excited to announce that Giveth will act as the OSS QF provider, using their platform to run the QF rounds within Gitcoin’s OSS domain, while Gitcoin provides matching pool funds, runs round operations and owns promotional support. There is opportunity for community-operated domains to also use the Giveth platform.
What This Partnership Means
Who is Giveth?
- Giveth is a long-standing Ethereum ecosystem project focused on rewarding public goods supporters through transparent, community-driven funding.
- What they’ll do:
- Provide the infrastructure of the OSS QF domain in GG24.
- Manage the COCM matching calculation.
- Run the round end-to-end using their own mechanism/platform.
- Cross-promote the domain with Gitcoin.
- What Gitcoin will do:
- Provide matching pool funds (amount: TBD).
- Promote the round across Gitcoin channels.
- Include the round in the Gitcoin 3.0 cycle reporting & learning loop.
- Run round operations, including application review, eligibility and payouts.
Partnership Details
The below is a one-off to get this new structure off the ground. We plan to ratify a standard policy for software fees in the future.
- In order for Giveth to have the capability of running multiple QF rounds, and because there are no other high quality QF platforms in the market at the moment, Gitcoin will make an upfront payment of $19,688 for a feature upgrade.
- Gitcoin will own round operations of all OSS rounds, working closely with the Giveth team to ensure a high quality builder and donor experience.
- Gitcoin will commit to a 5% protocol fee of a minimum of $500k matching pool during GG24.
- Giveth and Gitcoin will co-own comarketing and cobranding activations.
NOTE: Only rounds that are part of approved domains will be able to run in GG24. Any community-operated domain(s) wishing to run on QF are welcome to fill out this form to contact Giveth directly to let them know you’re interested, as multiple concurrent QF rounds will be possible for GG24. However, each community-operated domain will not fall under the above set agreement, and would need to set up its own agreement with the Giveth team directly.
Why This Fits Gitcoin 3.0
Gitcoin 3.0 is a network-first, pluralistic funding model where multiple teams run their own grant rounds using different allocation mechanisms.
By partnering with Giveth on OSS QF, we:
- Maintain the early-stage builder focus in GG24 without Gitcoin developing the platform ourselves.
- Add diversity to our mechanism mix.
- Empower community-led teams to own their funding experiments.
- Laying the foundation for the first step into the ‘arena’ of Gitcoin 3.0, inviting mechanism designers and owners to join us on the path to a network-first funding festival.
We are excited to work alongside this team to make GG24 a success! We will be announcing more partners for OSS soon!
