Gitcoin Grant is an experiment where people can fund their open source projects for public benefit with CLR matching contributions from Gitcoin’s CLR Fund sponsored by donors in the Ethereum ecosystem.

Gitcoin Grant is an experiment where people can fund their open source projects for public benefit with CLR matching contributions from Gitcoin’s CLR Fund sponsored by donors in the Ethereum ecosystem.

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We are providing the $25,000 match. We need you to tell us where to put the money!

* How do i maximize my gitcoin grants impact?

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* how do i maximize my gitcoin grants impact?

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the 1st step to make a great impact through your gitcoin grant is to convince as much people as you could, no matter how the contribution will be because the CLR mechanism is a proposal for turning your small donations into something much larger.

By donating with one to one matching, you increase the power of any single donation in direct proportion to the size of the donation, making people more likely to feel like their money is having an impact. This is the premise of “Donate $1, [Company X] will match $1” programs.

Crowdfund individual donations towards open source projects. A match from governments, grant programs, or private philanthropists

** Why should i contribute to grants?

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** why should i contribute to grants?

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By making an individual donation, you contribute to a public good. This funding is guaranteed to be met by matching funding, widening the reach of your donation. If 10 persons contribute by 1DAI (= 1 USD) the CLR matching will be higher than if only 1 person is contributing by 10DAI or 2 persons by 5DAI. So yeah your contribution is more valuable than you think. Your money is having an impact.

*** How does CLR work?

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***how does CLR work?

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the CLR mechanism is a concrete proposal for turning your small donations into something much larger. It requires a simple formula to achieve this goal.

1- Crowdfund individual donations towards open source projects (try to have the maximum of contributors, it's the number of participants that counts not the amount of contribution) . 2- A match from governments, grant programs, or private philanthropists ( offered by sponsors/donors for the grant's round fund).

**** Why is it powerful?

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****why is it powerful?

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the CLR matching is a tool to grow up & sustain the open source in a world where open-source code is rarely incentivized, One of the more powerful tools of Gitcoin is that of Gitcoin Grants with CLR matching, it allows anyone to fund any grant with as little as 1 DAI. Beyond the unique opportunity for crowd-sourced web 3 funding, Gitcoin Grants has a unique opportunity for funding any open source project since the number of individual contributors to any given grant that matters rather than the total amount of that grant.