What Is Gitcoin (GTC)?

To find out even more about this project, check out our deep dive of [Gitcoin](https://coinmarketcap.com/alexandria/article/what-is-gitcoin-gtc).

## What Is Gitcoin (GTC)?

Gitcoin creates technologies and opportunities that empower communities to fund, build, and protect what matters. 

Through the Gitcoin Grants Program, there has been over $54 million distributed to early-stage builders that champion public goods initiatives in decentralized finance (DeFi), climate, open sourcing, and beyond. 

Core products include Gitcoin Grants Stack, the end-to-end grants management solution, Allo Protocol, an open-source funding protocol, and Gitcoin Passport, an all-encompassing decentralized identity management tool. 

GTC is Gitcoin’s governance token, launched in late May 2021. The token is needed for the creation and funding of the DAO that will govern Gitcoin.


### Who Are the Founders of Gitcoin?

Gitcoin was founded by Keving Owocki and Scott moore. Since then, Gitcoin underwent shift from a monolithic platform to a suite of modular protocols and embraces a spectrum of mechanisms like Quadratic Voting, Direct Grants and Retroactive Public Goods Funding.

#### What Makes Gitcoin Unique?

Gitcoin inspires a world shaped by community-led positive change and has helped create more than $29 billion in global financial impact..

Gitcoin cultivates and nutures the “Quadratic Lands” — a  ecosystem with digital democracy and a strong emphasis on community building. 

#### Related Pages:

Learn more about [EFFORCE](https://coinmarketcap.com/currencies/efforce/).

See more about [Uniswap](https://coinmarketcap.com/exchanges/uniswap-v2/).

Learn more about [DAOs](https://coinmarketcap.com/alexandria/glossary/decentralized-autonomous-organizations-dao).

Check out the CoinMarketCap [blog](https://coinmarketcap.com/alexandria/categories/blog).


#### How Many Gitcoin (GTC) Coins Are There in Circulation?

The total supply of GTC is 100,000,000 tokens. 15% is set aside for a retroactive airdrop, 50% is in the Gitcoin DAO and 35% is for existing stakeholders. The retroactive airdrop is for past users of Gitcoin, the DAO allocation is for governance purposes and the existing stakeholders include anyone who has contributed to building Gitcoin in the past or the future (with a vesting schedule of at least two years for Gitcoin team members).

For more information about GTC’s distribution, see [here](https://gitcoin.co/blog/introducing-gtc-gitcoins-governance-token/).


### How Is the Gitcoin Network Secured?

GTC has no economic value, according to the token’s introductory [blog post](https://gitcoin.co/blog/introducing-gtc-gitcoins-governance-token/). Gitcoin is a fork of the COMP/UNI governance system, with a built-in delegation prompt in the retroactive claim process. 


### Where Can You Buy Gitcoin (GTC)?

You can buy Gitcoin on Binance, Coinbase, Kucoin and other exchanges. Check out our market pairs tab for more information.

Gitcoin

Trust Wallet

MetaMask

Empowering communities to fund, build, & protect what matters 🌱

Ethereum

Shiba Inu

Chainlink

UNUS SED LEO

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MyNeighborAlice

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SIDUS

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X2Y2

Inu Inu

Kelp Earned Points

Oracle AI

dogwifhat

Omni Network

BookOfPussyCats

Bitcoin

Ondo

Niza Global

MAGA VP

BlackCardCoin

Solana Kit

Waves

Minu

aelf

1INTRO

VPS AI

Brett

Ansem's Cat

SLERF

Gaimin

Solana

Metal DAO

Wrapped Bitcoin

Big Time - CDP LHS1 (Desktop Only) 2024

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eToro Search Bar

ChainGPT CDP Community

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