According to TechFlow, Gitcoin has released the Gitcoin Grants 2024 strategy and update. Due to time constraints, only three rounds of GG competitions will be held in 2024:

1. GG20 (completed): April 23 - May 7 OSS program (4 rounds) $1 million matching fund pool 5+ rounds of community activities

2. GG21: August 7-21    No OSS rounds    Ecosystem ‘focus’ rounds share the stage with community rounds    10 rounds of community events    First 5 community rounds match funding of $125k

3. GG22: scheduled to launch at the end of October, with specific dates to be announced in the coming weeks OSS program (4 rounds) $1 million matching funding pool 8 rounds of community activities The first 5 community rounds will have matching funds of $125,000

Gitcoin emphasized that despite the reduction in the number of competition rounds, it will continue to promote the development of open source software and community projects through rich community activities and supporting financial support.