1. About Gitcoin
Gitcoin is a decentralized collaborative platform built on the Ethereum network. GTC is a governance token for credibly neutral developer talent and public goods funding, and the means to progressively decentralize the Gitcoin platform through the GitcoinDAO. The DAO is the vessel for Gitcoin’s mission. It consists of community members coordinating to fund public goods and introduces the Gitcoin token (GTC) to make decisions about where to allocate resources.
2. Token Usage
GTC is a governance token governance voting and fund allocation through the GitcoinDAO.
Project name: Gitcoin
Token symbol: GTC
Total supply : 100,000,000 (100M)
b.Token allocation and release:
Gitcoin DAO – 50%, GTC allocated to the Gitcoin DAO will become available for distribution in equal monthly installments over the next 2 years, meaning the full allocation will be unlocked by ~May 25th, 2023.
Existing Stakeholders – 35%, All GTC allocated to Gitcoin’s team members are subject to a vesting schedule of at least two years. All GTC allocated to Gitcoin’s existing stakeholders are non-transferrable for at least 500 days.
Retroactive Airdrop – 15%
4. Related Links
Block Broswer: https://etherscan.io/token/0xde30da39c46104798bb5aa3fe8b9e0e1f348163f
Note: The above information is published by the project team which may contain errors, omissions or out of date. The content is strictly for reference only and does not constitute any investment advice. BHEX shall not be responsible for any direct or indirect monetary/financial losses due to the reliance on this information.