Empowering
Communities

to Fund and Build What Matters
$60,000,000+
Towards Public Goods
4.2M
Unique Donations
170
Quadratic Funding Pools

FOREWORD

By Scott Moore

In 2018 Vitalik Buterin, Zoe Hitzig, and Glen Weyl introduced quadratic funding to the world. Building off of quadratic voting, they showed how any grassroots community could self-organize to democratically fund its shared needs. A month after A Flexible Design for Funding Public Goods was released, Gitcoin came across the paper and began working on implementing the model. Shortly after, it ran its first round to support its own local community: the Ethereum community.
    Now, five years later, Gitcoin has helped allocate over $50m to that ecosystem and helped ensure that projects like Optimism, Prysm, Uniswap, and WalletConnect were able to not only go on to reach sustainability, but even become matching funders themselves.
    Beyond just web3, quadratic funding has now been used to fund groundbreaking scientific research, to help fund organizations at the forefront of internet activism, and to push back against climate change. It’s been used to help organizations like UNICEF experiment and iterate on their approach to funding humanitarian projects.
    In the future, we hope that quadratic funding will help some of the largest philanthropic organizations understand the value of open, participatory, and decentralized approaches to creating real-world impact.
    To everyone who has been part of this journey so far: to all of the donors and grantees who have given us their time and attention, to the matching funders that have supported our ecosystem’s shared needs, and to the authors of the paper that brought Gitcoin Grants to life, thank you.

Public goods are good.

year by year

Growing Our Impact

Launched in 2019, Gitcoin Grants is a quarterly initiative that empowers people and collectives in web3 to allocate funding toward projects and causes they believe in.

While we started small, we’ve kept growing how much we fund public goods each year.

In 2022, the amount of funding we raised for public goods was 3000% higher than when we started in 2019.

raising on gitcoin

OUR IMPACT

Gitcoin By the Numbers

$28.2B

Grantee Market Cap
(All Time High)

270k

Unique Supporters

3715

Projects Funded

$3M+

Fraud Prevented

Gitcoin by the numbers

$3M+

Fraud Prevented

270k

Unique Supporters

3715

Projects Funded

$28.2B

Grantee Market Cap
(All Time High)

IN ACTION

Read our case studies

Optimism

A Rapid Transformation from a Research Firm to $2B+ in Impact

Learn More
EIP-1559

The Groundbreaking Change that Made Ethereum Ultra-Sound Money

Learn More
Shamba Network

Equipping Smallholder Farmers to Conserve Ecosystems

Learn More
Tornado Cash

Programming Financial Privacy

Learn More
Austin Griffith

The Quadratic Freelancer Onboarding Thousands of Developers

Learn More
Coin Center

Defending Our Rights in Washington D.C.

Learn More
Oakland Local Round

For the People, by the People

Learn More
1inch

The Unstoppable Journey from Hackathon Dream to Decentralized Exchange Powerhouse

Learn More

thank you

Our Matching Partners

None of this would be possible without them.

Momus
Ethereum Foundation
Yearn
Polygon
Coinbase
ENS
Badger
NounsDAO
Optimism
Protocol Labs
Uniswap
Vitalik
Momus
Ethereum Foundation
Yearn
Polygon
Coinbase
ENS
Badger
NounsDAO
Optimism
Protocol Labs
Uniswap
Vitalik
Chainlink
Balancer
Aragon
a16z
ForceDAO
Synthetix
Aurora
1inch
Ocelot
Loot Project
Mask
Kraken
Frax
EPNS
Kimbal Musk
Ocelot
Chainlink
Balancer
Aragon
a16z
ForceDAO
Synthetix
Aurora
1inch
Ocelot
Loot Project
Mask
Kraken
Frax
EPNS
Kimbal Musk
Ocelot
Schmidt Futures
OP Games
Celo
Binance
Anoma
Unlock Protocol
Stefan George
Stakefish
Zora
VitaDAO
The Graph
Starkware
Stakefish
Springer Nature
Rainbow Rolls
Mask
Harvest Finance
Game7
DefinanceCapital
CMS Holdings
Alchemix
Scroll
Regen Network
Aave Grants
Schmidt Futures
OP Games
Celo
Binance
Anoma
Unlock Protocol
Stefan George
Stakefish
Zora
VitaDAO
The Graph
Starkware
Stakefish
Springer
Rainbow Rolls
Mask
Harvest Finance
Game7
DefinanceCapital
CMS Holdings
Alchemix
Scroll
Regen Network
Aave Grants

impact

Impact Report Edition

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