According to Foresight News, Gitcoin announced the launch of the Grant Program Canvas, which aims to simplify the creation of Web3 funding programs. The Gitcoin Grant Program Canvas is a free tool developed in collaboration with Gitcoin and Arbitrum, Optimism, Uniswap, and Polygon.

Using a visual and modular approach, the tool takes the complex task of planning a grant program and simplifies it into 4 key phases: define, design, execute, and learn.