Rank #357
7,382 people like this
gitcoin  (GTC)

Gitcoin (GTC)

$9.56 -4.6%
0.00020139 BTC -3.2%
0.00269462 ETH -4.1%
7,382 people like this
$9.56
24H Range
$10.35
Market Cap $136,076,257
24 Hour Trading Vol $25,676,385
Fully Diluted Valuation $957,503,755
Circulating Supply 14,211,563
Total Supply 100,000,000
Max Supply 100,000,000
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GTC
USD
USD
Gitcoin (GTC) Price Chart

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1h
24h
7d
14d
30d
1y
-2.6%
-4.6%
1.2%
-22.2%
5.3%

GTC Price and Market Stats

GTC Price $9.56
Market Cap $136,076,257
Market Cap Dominance 0.01%
Trading Volume $25,700,675
Volume / Market Cap 0.1888
24h Low / 24h High $9.58 / $10.35
7d Low / 7d High $8.46 / $10.25
Market Cap Rank #356
All-Time High $89.62 -89.3%
May 25, 2021 (4 months)
All-Time Low $2.92 227.9%
May 25, 2021 (4 months)

Gitcoin Price & Market Data

Gitcoin price today is $9.56 with a 24-hour trading volume of $25,676,385. GTC price is down -4.6% in the last 24 hours. It has a circulating supply of 14 Million GTC coins and a total supply of 100 Million. If you are looking to buy or sell Gitcoin, Coinbase Exchange is currently the most active exchange.

What is Gitcoin?

Gitcoin is a platform to fund builders looking for meaningful, open source work. Project owners can publish their projects such as codebase, git repository, podcast, and various initiatives on the platform. Donors can browse a list of projects and choose what they would like to fund. The platform has funded over $19.3 million to date to up to 160,000 developers. With the launch of GTC token, Gitcoin is moving to decentralizing their platform to be managed by the community.

What is the GTC token?

GTC is the governance token on Gitcoin. The objective is to build a DAO of DAOs which will manage funding through quadratic funding for the development of the open web. Grants, treasury management, and dispute resolutions will be decentralized and managed by the DAO.

What is Quadratic Funding?

Quadratic Funding (QF) is the mathematically optimal way to fund public goods in a democratic community because it prohibits whales and central power brokers from controlling the ecosystem. This distributes power back to each community member.

What is Quadratic Voting?

Quadratic Voting (QV) is an optimal mechanism for democratic governance. Implementing QV for governance is a proposed milestone on Gitcoin’s decentralization timeline.

Gitcoin News & Guides

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