Key info:
- Applications: September 12th to September 26th (23:59 UTC)
- Donations: October 10th to October 24th
- Matching Pool: 15k GTC
- Chain: Public Goods Network (PGN)
- Focus: New or ongoing work, full eligibility criteria here
- Live round: here
Gitcoin Citizens: the public goods of the public goods community
At the heart of Gitcoin lies a deep belief in public goods: we want to support initiatives which normally struggle to get funded, but matter enormously to their community. With the Gitcoin Citizens Rounds, we are starting a tradition to celebrate the people who rarely get any time in the spotlight. Weâre zooming in on the bridge builders, educators, dune wizards, communicators, the unsung heroes who we want to reward more - Citizens are the âpublic goods of the public goods web3 communityâ.
With our rounds we would like to specifically reward the people directly impacting Gitcoinâs success to achieve its long-term mission, with a special focus on new and ongoing work during this second round. For example, contributions in the areas of educational content, governance, operations, data analysis and support. The grant proposal should explicitly outline how your work supported or will support the Gitcoin community.
Read our full eligibility criteria, and apply here.
Weâve seen a very positive response and enormous enthusiasm from our community with Citizens Round #1, making it Grants Stackâs most successful round to date in terms of crowdfunding versus matching, with a quadrupling (!) of matching funds in donations. We canât wait to see what you will do for Round #2!
Proactive Funding: a new chapter in our experiment
At Gitcoin, as a DAO, we need to âdogfoodâ our own solutions - we ourselves are continually experimenting with capital allocation. We do this through the semi-annual workstream budget requests, with Gitcoin Community Proposals (GCPs), and of course by running our own rounds. Citizens Round #2 is the second and final part of a passed community proposal which is an experiment focusing on Gitcoin using its own funding mechanisms to fund its community. Due to market conditions, this second round will conclude the experiment outlined in our initial GCP.
Our first round was fully retroactive, with this second round we want to support individuals running new or ongoing projects, and zoom in on what the DAO expresses as crucial needs in terms of community engagement. Additionally, we want to listen to what you as a community feel is useful to Gitcoin and are very curious to see what you will propose.
Why are we trying this? Weâve seen evidence that the community sentiment aggregated by QF can be a leading indicator for future success (as in the case of past Gitcoin grantees like Yearn Finance, Optimism, 1inch and more). One of the things we hope to begin to identify is whether a community receives a more positive impact over the long-term from funding work proactively or retroactively. While it is undeniably easier to measure impact retroactively, for many people financial reality can hinder their ability to have an impact unless they first have support.
Future Citizens Round formats will be based on the results of these first two and a future GCP.
What would you like to see in the round?
We hope that many Citizens will bring their own ideas for what they believe creates value for themselves and other members of the community. At the same time we recognize that it can be easier for individuals with higher context who have been in the ecosystem or DAO longer to know what is or will be valuable. To that end, we invite and encourage you, both core DAO and community members to communicate under this post what work you would like to see achieved to support Gitcoin in achieving its mission! These comments can serve as an inspiration for grantees to draft their proactive grant proposals.
In Closing
We look forward to requesting funding for future rounds and continuing to serve our community.
Itâs very likely retroactive funding will return as an integral part of this future proposal.
But before we get there, our original experiment first needs to be completed.
Help us kick off round #2 by commenting below, and applying as of today!
Umar & Kris