Gitcoin (GTC) Fundamentals: Function: Gitcoin is a platform that connects developers with open-source projects needing funding and support. It uses a unique quadratic funding model to distribute grants. Token: GTC is the platform's governance token, launched in 2021. Holders can participate in voting on grants, protocol changes, and other key decisions. Market Cap: $133 million (approx.) (as of March 28, 2024) Current Price: $2.01 (approx.) (as of March 28, 2024) Recent News: There isn't readily available news specific to Gitcoin, but the platform facilitates funding for various innovative projects in the open-source realm. You can check their social media or blog for recent updates on specific initiatives.
Disclaimer: I am not a financial advisor and this is not financial advice. Do your own research before making any investment decisions. Cryptocurrency is a volatile market and prices can fluctuate significantly.
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