Gitcoin update: GTC Live price, price chart, news and markets

The GTC price update as of now is $0.7060. In the previous 24 hours, its trading volume was $5,259,719, and its value has decreased by -1.33%. As of now, GTC's live market cap is $70,329,537, and it is ranked as the #479 on the Coincu. GTC has a circulating supply of 100,000,000 and a maximum supply of 100,000,000.

What is Gitcoin?

Gitcoin is a platform that supports open-source developers in finding work and getting paid for their contributions. It also provides open source projects with access to a quality team of developers.

Outstanding Features of Gitcoin

Gitcoin Grants for Fair Distribution of Funding

Gitcoin Grants is a unique feature that allows users to donate money directly to projects, ensuring fair distribution without over-dependence on donation amounts. With Quadratic Funding, funds are allocated based on community opinion, providing an attractive incentive mechanism for open source developers.

Gitcoin Bounties for Task Opportunities

Gitcoin Bounties is a marketplace where users, particularly developers and designers, can find and work on tasks to receive bonuses provided by projects. This feature not only offers the opportunity to learn new skills and earn money but also allows participants to choose tasks that align with their interests and abilities. Projects benefit from this feature by saving time on non-core tasks and discovering talent through real-life problem-solving.

Gitcoin Hackathons for Community Engagement

Gitcoin Hackathons are contests organized on specific topics for the community to participate in and win prizes. These hackathons foster community engagement and encourage developers to showcase their skills while solving real-world problems.

In addition to these main features, Gitcoin also offers other interesting features such as Quests, where users can learn about the Web3 ecosystem and compete with friends for rewards, and Kudos, which are badges that can be bought and sold on the marketplace for contributors to Gitcoin.