Our Blog
December 20, 2024

Reflecting on 2024: A Year of Growth, Innovation, and Community

2024 was a transformative year for Gitcoin, with $10.4M distributed through 105 grant rounds and innovative multi-mechanism tools like RetroPGF and Futarchy driving impact. Over 141.5K donors and 1,743 grantees united to fund public goods and empower builders worldwide. Discover how Gitcoin is shaping the future of decentralized funding and what’s ahead for 2025.

As 2024 comes to a close, we at Gitcoin are filled with immense gratitude for the builders, donors, partners, and governance participants who made this year truly transformative. Together, we’ve pushed boundaries, embraced innovation, and continued to fund public goods with unparalleled impact.

Here’s a look back at what we accomplished together—and a glimpse of the exciting future we’re building.

2024 in Numbers: A Shared Success

The numbers this year reflect the collective power of the Gitcoin community:

  • $10.4M Allo GMV, achieving 69.26% of our business goal.
  • 8.2M in matching funds distributed through 105 rounds.
  • 141.5K donors made 729.3K donations, contributing $2.1M in crowdfunding.
  • 64.64% grant approval rate, with 1,743 grantees supported.

These achievements highlight how decentralized funding can drive measurable change, powered by community collaboration.

Building the Future: Key Milestones

1. Multi-Mechanism Innovation

In 2024, Gitcoin expanded its funding tools to empower ecosystems with greater flexibility and precision:

  • Direct Grants: Tailored solutions for unique funding needs.
  • RetroPGF: Rewarding impactful work post-completion.
  • Futarchy and MACI QF: Leveraging predictive outcomes and private voting mechanisms.

These innovations set the stage for more effective, transparent funding in the years to come.

2. Amplifying Impact Through Partnerships

Gitcoin’s collaborations with Sei, Avalanche, and Zuzalu drove significant results this year. These partnerships demonstrated the power of aligning innovative tools with ecosystems eager to support public goods.

3. Builders and Donors at the Core

  • Builders: Gitcoin funded 1,743 grantees, enabling bold ideas and impactful projects to come to life.
  • Donors: With over 141.5K donors contributing to 729.3K individual donations, the Gitcoin community showed what’s possible when we come together to fund a shared vision.

Lessons and Aspirations for 2025

2024 wasn’t just about hitting milestones—it was about learning, growing, and setting the foundation for what’s next:

  • Scaling up to $30M in funding and $2M in revenue.
  • Deepening our focus on metrics-based funding, ensuring every dollar supports measurable outcomes.
  • Expanding multi-mechanism tools to support diverse ecosystems worldwide.

Our goals for 2025 are ambitious, but with the continued support of this incredible community, we know they’re within reach.

Thank You

To every builder, donor, and partner who contributed to Gitcoin’s success this year: thank you. Your creativity, generosity, and belief in the power of public goods drive everything we do.

As we step into 2025, we’re more committed than ever to building a decentralized future together. Join us in making the next year even more impactful.

Check how your 2024 went with Gitcoin 👇

Wrap up 2024 with a personalized recap of your impact and contributions!

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