How is the Gitcoin Grants program changing?
Gitcoin is transitioning from cGrants to the Grants Protocol
Historically, the Gitcoin Grants Rounds operated on a quarterly cadence. However, Governance has approved the decision to retire our centralized quadratic funding platform (cGrants) and transition to a decentralized and customizable Grants Protocol, which is in sync with our destination as GitcoinDAO.
As a result, Gitcoin will run a streamlined Alpha Round on the protocol in January 2023 with the goal of testing the product while supporting established grantees.
Gitcoin’s renewed purpose which was ratified in July of 2022 is To Empower Communities to Fund their Shared Needs. In order to fulfill this purpose fully, we are creating a suite of permissionless, modular, and decentralized protocols that will allow communities to rapidly test different funding mechanisms on top of a deeply liquid registry of projects and enable projects to grow sustainably.
Even though Gitcoin Grants built a strong use case for the value of Quadratic Funding to fund public goods, we built it as a centralized platform. It has come to a stage now where we need to decentralize it to scale it more widely and achieve our purpose.