Gitcoin (GTC) is a fascinating cryptocurrency that empowers communities to fund and build open-source projects. It's the governance token of the Gitcoin platform, which has distributed over $54 million to early-stage builders championing public goods initiatives in decentralized finance (DeFi), climate, open sourcing, and more ¹.$GTC
*Key Statistics:*
- _Market Capitalization:_ $59.3 million ¹
- _Circulating Supply:_ 84.4 million GTC ¹
- _Total Supply:_ 100 million GTC ¹ ²
- _All-Time High:_ $22.37 (Nov 27, 2021) ²
- _All-Time Low:_ $0.5189 (Sep 04, 2024) ²
*What is Gitcoin?*
Gitcoin is a platform that enables project owners to publish their initiatives and receive funding from donors. The platform has funded over 3,700 projects, with individual donations magnified by Quadratic Funding (QF) ³.
*GTC Token Utility:*
- _Staking:_ Stake GTC for proof of humanity on Gitcoin Passport ³
- _Governance:_ Participate in decentralized governance of Gitcoin's products and protocols ³
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