According to Foresight News, Gitcoin has announced the launch of its Grants Program Canvas, a tool designed to simplify the creation of Web3 funding plans. The Grants Program Canvas is a free tool developed in collaboration with Arbitrum, Optimism, Uniswap, and Polygon. It uses a visual and modular approach to handle the complex task of planning a grants program and simplifies it into four key stages: definition, design, execution, and learning. The tool aims to streamline the process of creating funding plans, making it more accessible and efficient for users.