Gitcoin is a platform hosted on the Solana Blockchain that describes itself as a community of builders, creators and protocols designed to develop the future of the internet. Gitcoin has a community that supports new infrastructure for Web3 – the supposed decentralised future of the internet. The platform is designed to foster development in an open-source sphere through technologies and networks. As of June 2021, Gitcoin has over 160,000 active developers and over 1,600 projects having already been created.
GTC is the governance token of the Gitcoin platform. This token is primarily needed for creating and funding the DAO that governs Gitcoin.
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