As we consider how to create more utility for GTC, I wanted to add what I perceive as the three pillars of Gitcoin. These are pillars because they have the largest impact (whether measured financially or socially).
- KERNEL which does web3-native education for 200 community members per quarter. Total alumni of ~1k people, many of which have deep affection for KERNEL..
- Grants - Our flagship product from a brand perspective, which uses Quadratic Funding to deliver $3m-$6m of funding for Open Source / public goods. Also has massive intellectual and experiential impact
- Hackathons - Our flagship product from a revenue generation perspective - A series of virtual hackathons (about 6-12 per quarter) that each help onboard 200-2000 developers/designers/new entrants into the web3 ecosystem per quarter. Delivers $1m-$2m/quarter per value to the ecosystem and about $600k in revenue.
As we consider GTC utility, we may want to consider focusing on the areas of Gitcoin that have the most heat. IMO those are above flagship products.
Disclaimer: This post is for informative purposes only and is not financial advice. This post reflects my personal views, not a decision or commitment by Gitcoin governance. Forward-looking items in it are targets, not commitments. The information in these posts is subject to change as we continue learning. This post may contain estimates, may contain errors, and is provided on a best-effort basis. DYOR, do not make any financial decisions based on these posts.