Gitcoin Price Data
Gitcoin (GTC)
currently has a price of
ā‚¬0.069
and is
up
1.99%
over the last 24 hours. The cryptocurrency is ranked
1478
with a market cap of
ā‚¬6M.
Over the last 24 hours, it saw
ā‚¬1.8M
of trading volume. The token has a circulating supply of
87.5M
tokens out of a total supply of
100M
tokens.
Gitcoin (GTC) is a cryptocurrency for supporting open source software development projects. It offers sustainable funding for developers to work on their chosen projects and compensates them for their contributions. Gitcoin operates on the Ethereum blockchain, utilizing smart contracts for funding and rewards distribution. It features a decentralized governance system where token holders can propose and vote on platform improvements. Gitcoin also uses quadratic funding to allocate resources efficiently and prevent concentration of power and funding. The GTC token plays a crucial role in facilitating the funding and governance processes on the platform.
