History – Gitcoin DeSci Grants

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v1.4.0 · currentGitcoin forum re-read 10 Oct 2026: no GG25 yet; the founder's 1 Oct reboot update (gov.gitcoin.co/t/25394, signed as personal view) folds the QF funding platform into Buoy, a local-money pilot targeted for November, under the new Techne name, launch targeted mid-December, Allo Capital wind-down in final stages. Corrected 'newest thread' to the Dec 2025 Octant GG25 thread.–
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    Type Funding Platform Focus Q…ernance forum was re-read on 14 Septem0 October 2026 GG24 Distributed Ove…in.co (https://www.gitcoin.co)

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    Where the programme stands in …ernance forum was re-read on 14 Septem0 October 2026, and the newest thread about it was still the November 2025 one belownamed for it dated from December 2025. The reasons are on the recor…ic-goods/gitcoin-dao) page. Gitcoin's founder Kevin Owocki moved quadratic funding off the roadmap as a product of its own in his update of 1 October 2026 (https://gov.gitcoin.co/t/october-2026-gitcoin-reboot-update-techne-gets-a-name-a-pilot-and-a-launch-date/25394) , which he signs as his personal view rather than a decision of Gitcoin governance. The reboot now has a name, Techne, with its own brand alongside Gitcoin's. Of its two pilots, Beacon is a local events app and Buoy is a local-money app targeted for November; the funding platform becomes a feature of Buoy, on the reasoning that quadratic funding works best where donors know the projects. The same update says the wind-down of Allo Capital is in its final stages. Techne's launch is targeted for mid-December. The size of the pool and the s…is “no longer literally true”.

v1.3.1Sweep #417 (desci/ecosystem): Gitcoin forum re-read 14 Sep 2026 (still no GG25); added where Gitcoin's DeSci track went, from the forum's own DeSci sensemaking thread (Spark DeSci rounds on Artizen, the thread author's figures, attributed).–
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    Type Funding Platform Focus Q…itcoin's governance forum was re-read on 214 September 2026 GG24 Distribu…in.co (https://www.gitcoin.co)

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    DeSci Round Results & Trajecto…ki/daos/public-goods/giveth) . Where DeSci quadratic funding went instead is recorded in Gitcoin's own forum rather than its round calendar. The DeSci – Gitcoin 3.0 sensemaking report (https://gov.gitcoin.co/t/desci-gitcoin-3-0-sensemaking-report/22994) , opened on 15 August 2025, was still being added to in 2026, and its later posts describe the work moving off Gitcoin. In May 2026 the thread's author wrote that the focus had shifted to Spark, running a second DeSci funding round on Artizen with 40 projects and a matching pool of more than $30,000; a June post described Artizen's season 6 Spark round as supporting more than 50 early-stage projects; and a 2 July 2026 post announced an open data layer archiving that season's 49 projects, with a stated plan to add the data from five earlier Gitcoin Grants DeSci rounds. These are the author's own figures, posted to Gitcoin's forum, and are reproduced here as such. They fit the pattern this page describes: the mechanism outlived Gitcoin's calendar and moved to smaller platforms.

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    Where the programme stands in …itcoin's governance forum was re-read on 214 September 2026, and the newest thread about it was still the November 2025 one below. The reasons are on the recor…is “no longer literally true”.

v1.3.0Add the OSTP 'Science: A New Golden Age' (Jul 2026) passage naming quadratic funding, and separate the matching pool's balance ($10,189,330 at 23 Jul 2026) from what it can actually spend (Octant pilot yield only, ~$32k/quarter). Re-anchor the 'still the most recent round' claim to a dated reading.–
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    Type Funding Platform Focus Q…in 3.0; still the most recent as of Augustwhen Gitcoin's governance forum was read on 2 September 2026 GG24 Distributed Over $…in.co (https://www.gitcoin.co)

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    Where the programme stands in … still the most recent round: as of August 2026 no GG25 has runno GG25 had run when Gitcoin's governance forum was read on 2 September 2026. The reasons are on the recor…blic-goods/gitcoin-dao) page. The size of the pool and the size of what it can spend have also come apart, which matters more to a research budget than the round number does. A founder's retrospective posted to the forum on 31 August 2026 (https://gov.gitcoin.co/t/social-contract-of-the-gitcoin-public-goods-treasury-2020-2026/25366) – written to make the matching pool's history legible to the DAO's incoming “Transition Stewards” – puts the pool at $10,189,330 as at 23 July 2026, against $6,897,677 in the DAO's operational treasury, and describes an arc from “checking account to endowment” that began when the assets were placed with a manager in December 2024. The Octant pilot (https://gov.gitcoin.co/t/passed-gitcoin-x-octant-yield-powered-matching-pilot/25065) makes the consequence explicit: $1M deployed from gitcoin.eth and matched by Octant to $2M, held in non-custodial ERC-4626 vaults from which only realised yield is routed to matching, principal never spent and withdrawable at any time. The proposal's own worked example is $32,000 per quarter at a 4.5% rate. So the eight-figure balance is not the figure to budget against; on that pilot roughly $128,000 a year of yield is, unless the DAO votes to spend principal. The same retrospective records one erosion in the other direction, and states it plainly: between $125,500 and $170,680 of the GG24 matching request went to round operations rather than to grantees, so “100% goes to the community” is “no longer literally true”.

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    Quadratic funding reaches the federal record In July 2026 the White House Office of Science and Technology Policy published Science: A New Golden Age (https://www.whitehouse.gov/wp-content/uploads/2026/07/Science-A-New-Golden-Age.pdf) , a report to the President by OSTP Director Michael Kratsios setting out a reform agenda for federally funded research. Its grantmaking chapter argues that consensus peer review “struggles to distinguish the exceptional from the merely good”, catalogues alternatives – golden tickets, individual-based funding, pull mechanisms, scouts, regranting – and then names the mechanism this page documents: More speculative mechanisms, such as quadratic funding, remain in early testing. … Quadratic funding reveals community preferences rather than gatekeeper preferences, and has shown promise in open-source software, though evidence of its application to science remains pending. Two things follow, and they point in opposite directions. The description is accurate and the framing is favourable: a report to the President treating quadratic funding as a live option for federal research money is a materially different position from where the mechanism sat when the GR15 DeSci round ran in 2022. But the caveat is the honest one. Evidence of its application to science remains pending – and the GR15 round documented above is one of the few data points that exists, four years old, single-round, with no control and no follow-up study of what the funded projects produced. The gap between “named in a report to the President” and “evidenced for science” is the gap a DeSci funder should read this page for, and closing it needs a round designed as an experiment rather than another round. How Caper approaches this Quad… else's round to be scheduled.

v1.2.0Repoint the dead grants.gitcoin.co GG24 link to the live gitcoin.co GG24 campaign page; the round explorer's host no longer resolves (last archived 9 June 2026).–
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    External Links - Gitcoin – Of…in Grants 24 (GG24) (https://grants.gitcoin.co/) itcoin.co/campaigns/gitcoin-grants-24-gg24) (the round explorer at grants.gitcoin.co stopped resolving in 2026) - GG24: The First Funding Ro…st-Grants-Lab operating model.

v1.1.0Refresh (run #233): correct GG24 figure ($1.8M is across six thematic DOMAINS, with the matching/partner/direct split), drop the unsupported 'distributes millions per year' trajectory claim, and add a verified 2026 status section (no GG25 as of Aug 2026; GG25 thread stalled 2026-03-31; $1,053,469 2026 budget; Aug-2026 local-first second tranche), sourced to gov.gitcoin.co.–
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    Type Funding Platform Focus Quadratic funding for public goods & DeSci Infrastructure Grants Stack, built on Allo Protocol First DeSci Round GR15 (2022) — $567k+ pool, 82 projects, 2,309 donors Latest Round GG24 — Oct 2025, first round of Gitcoin 3.0 GG24 Distributed ~$1.8M across six funding mechanisms Website gitcoin.co (https://www.gitcoin.co)

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    Overview Gitcoin (https://www.gitcoin.co) is the longest-running quadratic funding platform in the Ethereum ecosystem. Its Grants Round 15 (GR15) featured the first-ever dedicated DeSci Round (https://web.archive.org/web/2023/https://www.gitcoin.co/blog/gr15-results) , applying quadratic funding to open science: reimagining the incentives, culture, and infrastructure for research using Web3 tools. Quadratic funding matches community donations using a formula that weights the number of contributors above the size of each contribution, so a project backed by many small donors receives proportionally more matching than one backed by a few large ones. This democratizes science funding (/wiki/desci/desci-funding) in ways a traditional grant committee cannot — and it is why the mechanism depends heavily on sybil resistance (/wiki/dao-governance/concepts/membership/sybil-resistance-in-daos) : without a way to tell real donors from sockpuppets, the many-small-donors signal can be gamed.

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    How the funding works: Allo Protocol & Grants Stack Gitcoin's funding runs on Allo Protocol (https://gitcoin.co/apps/allo-protocol) , an open, modular allocation standard, surfaced to grant operators through Grants Stack (https://gitcoin.co/apps/gitcoin-grants-stack) — the open-source platform that ran the Gitcoin Grants Program from 2023 through May 2025 and powered dozens of ecosystem partner rounds. Allo decouples who is eligible, how funds are allocated, and how they are distributed, so a round can swap in quadratic funding (https://gitcoin.co/mechanisms/quadratic-funding) , direct grants, or retroactive funding without rebuilding the plumbing. GG24 (https://gitcoin.co/case-studies/gg24-first-funding-round-of-gitcoin-3-0) (October 2025) — billed as the first funding round of "Gitcoin 3.0" — leaned into that modularity, running six allocation mechanisms in parallel: quadratic funding, deep funding, MACI private voting, conviction voting (/wiki/dao-governance/concepts/voting/proposal-lifecycle) , retroactive funding, and peer-reviewed hypercerts (/wiki/dao-governance/concepts/treasury/hypercerts) . It is the most mechanistically diverse Gitcoin round to date, and a useful live catalogue of the funding designs the broader DAO treasury (/wiki/dao-governance/concepts/treasury/dao-treasury-management) world is experimenting with.

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    DeSci Round Results & Trajectory The GR15 DeSci Round saw 2,309 donors crowdfund $67.9k across 82+ projects (https://web.archive.org/web/2023/https://www.gitcoin.co/blog/gr15-results) ; with matching partners the total pool exceeded $567k. Funded work built new incentives for open practice, out-of-university validation, and shared research infrastructure — an early proof that community-driven science funding was viable. DeSci was not carved out as a standalone domain in GG24, but the model GR15 established now shows up across the ecosystem: dedicated DeSci rounds on other platforms and the one-donor-one-signal (/wiki/dao-governance/concepts/voting/token-weighted-voting) logic that biotech DAO launchpads (/wiki/desci/ecosystem/molecule) borrow when they open community allocation. Gitcoin itself continues to distribute millions per year across open-source rounds, with dynamic quadratic funding adjusting eligibility and caps for fairer distribution.

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    How Caper approaches this Quadratic funding answers "how do you fund good work when a committee can't scale?" by matching against the breadth of small donors. Caper (/wiki/foundations/what-is-a-caper) answers the same question differently: instead of a periodic matching round, each caper raises continuously from its bonding curve (/wiki/markets/bonding-curve) , and its treasury deploys that capital through INVEST and PAYOUT proposals (/wiki/governance/proposals) that holders decide by participation-weighted voting (/wiki/governance/voting) . The shared instinct is the same — put allocation in the hands of the many who show up rather than a gatekept panel — but Caper trades the sybil-resistance overhead of a matching round for stake that has to be bought and held on the curve.

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    External Links - Gitcoin — Official Website (https://www.gitcoin.co) - Gitcoin Grants 24 (GG24) (https://grants.gitcoin.co/) - GG24: The First Funding Round of Gitcoin 3.0 — Case Study (https://gitcoin.co/case-studies/gg24-first-funding-round-of-gitcoin-3-0) - Allo Protocol (https://gitcoin.co/apps/allo-protocol) · Grants Stack (https://gitcoin.co/apps/gitcoin-grants-stack) - GR15 Results & Recap — Gitcoin Blog (https://web.archive.org/web/2023/https://www.gitcoin.co/blog/gr15-results)

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    Type Funding Platform Focus Quadratic funding for public goods & DeSci Infrastructure Grants Stack, built on Allo Protocol Organization Gitcoin DAO (/wiki/daos/public-goods/gitcoin-dao) First DeSci Round GR15 (2022) – $567k+ pool, 82 projects, 2,309 donors Latest Round GG24 – Oct 2025, first round of Gitcoin 3.0; still the most recent as of August 2026 GG24 Distributed Over $1.8M across six thematic domains – $1.175M Gitcoin matching, ~$632.5K partner matching, $36,657 in direct donations Website gitcoin.co (https://www.gitcoin.co)

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    Overview Gitcoin (https://www.gitcoin.co) is the longest-running quadratic funding platform in the Ethereum ecosystem. Its Grants Round 15 (GR15) featured the first-ever dedicated DeSci Round (https://web.archive.org/web/2023/https://www.gitcoin.co/blog/gr15-results) , applying quadratic funding to open science: reimagining the incentives, culture, and infrastructure for research using Web3 tools. Quadratic funding matches community donations using a formula that weights the number of contributors above the size of each contribution, so a project backed by many small donors receives proportionally more matching than one backed by a few large ones. This democratizes science funding (/wiki/desci/desci-funding) in ways a traditional grant committee cannot – and it is why the mechanism depends heavily on sybil resistance (/wiki/dao-governance/concepts/membership/sybil-resistance-in-daos) : without a way to tell real donors from sockpuppets, the many-small-donors signal can be gamed.

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    How the funding works: Allo Protocol & Grants Stack Gitcoin's funding runs on Allo Protocol (https://gitcoin.co/apps/allo-protocol) , an open, modular allocation standard, surfaced to grant operators through Grants Stack (https://gitcoin.co/apps/gitcoin-grants-stack) – the open-source platform that ran the Gitcoin Grants Program from 2023 through May 2025 and powered dozens of ecosystem partner rounds. Allo decouples who is eligible, how funds are allocated, and how they are distributed, so a round can swap in quadratic funding (https://gitcoin.co/mechanisms/quadratic-funding) , direct grants, or retroactive funding without rebuilding the plumbing. GG24 (https://gitcoin.co/case-studies/gg24-first-funding-round-of-gitcoin-3-0) (donation phase 14–28 October 2025) – billed as the first funding round of "Gitcoin 3.0" – leaned into that modularity, running six allocation mechanisms in parallel: quadratic funding, deep funding, MACI private voting, conviction voting (/wiki/dao-governance/concepts/voting/proposal-lifecycle) , retroactive funding, and peer-reviewed hypercerts (/wiki/dao-governance/concepts/treasury/hypercerts) . It is the most mechanistically diverse Gitcoin round to date, and a useful live catalogue of the funding designs the broader DAO treasury (/wiki/dao-governance/concepts/treasury/dao-treasury-management) world is experimenting with.

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    DeSci Round Results & Trajectory The GR15 DeSci Round saw 2,309 donors crowdfund $67.9k across 82+ projects (https://web.archive.org/web/2023/https://www.gitcoin.co/blog/gr15-results) ; with matching partners the total pool exceeded $567k. Funded work built new incentives for open practice, out-of-university validation, and shared research infrastructure – an early proof that community-driven science funding was viable. DeSci was not carved out as a standalone domain in GG24, but the model GR15 established now shows up across the ecosystem: dedicated DeSci rounds on other platforms and the one-donor-one-signal (/wiki/dao-governance/concepts/voting/token-weighted-voting) logic that biotech DAO launchpads (/wiki/desci/ecosystem/molecule) borrow when they open community allocation. GG24 itself distributed over $1.8 million across six thematic domains (https://gitcoin.co/case-studies/gg24-first-funding-round-of-gitcoin-3-0) – $1.175M of Gitcoin matching, roughly $632,500 from partner matching pools, and $36,657 in direct donations – with 78 open-source projects supported by about 1,300 unique donors in the two quadratic-funding rounds run on Giveth (/wiki/daos/public-goods/giveth) .

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    Where the programme stands in 2026 Anyone budgeting around a Gitcoin round should read the cadence rather than the archive. Gitcoin ran grants rounds roughly quarterly from GR1 in February 2019 onward (https://support.gitcoin.co/gitcoin-knowledge-base/gitcoin-grants/general-questions/when-is-the-next-grants-round) . GG24, in October 2025, is still the most recent round: as of August 2026 no GG25 has run. The reasons are on the record in Gitcoin's own forum. GG25 was opened for discussion by founder Kevin Owocki on 25 November 2025 under two stated constraints – "keep burn low" and "rebuild relevance and upside" (https://gov.gitcoin.co/t/early-thinking-on-gg25/24883) – proposing coalition-funded rounds in one or two frontier domains rather than a broad seasonal round. That thread's last reply is dated 31 March 2026. A companion proposal to fund GG25 matching from Octant's yield (https://gov.gitcoin.co/t/passed-gitcoin-x-octant-yield-powered-matching-pilot/25065) was withdrawn in December 2025 and re-passed in February 2026 as a pilot, decoupled from any specific round number. The organization behind the rounds shrank to match. Gitcoin dissolved its Grants Lab business unit mid-2025 and moved into what it calls the Gitcoin 3.0 era; its 2026 DAO budget request of $1,053,469 (https://gov.gitcoin.co/t/passed-gitcoin-dao-2026-budget-request/25075) describes a DAO that "deliberately hit the brakes in 2025 – spun down burn, shed organizational debt, and returned to a founder-stewarded, lean network." In August 2026 the DAO went further and put a second budget tranche (https://gov.gitcoin.co/t/proposal-gitcoin-dao-2026-budget-request-second-tranche-revised-and-expanded/25353) to the forum that redirects roughly $1M toward a "local-first platform" for AI-displaced professionals – funding what matters with Ethereum rather than for it. For DeSci projects, the practical read is that Gitcoin's matching pool is no longer a dependable seasonal line item, and the mechanism has outlived the cadence: quadratic funding now runs on Giveth (/wiki/daos/public-goods/giveth) , partner rounds, and forked Allo (https://gitcoin.co/apps/allo-protocol) deployments as much as on Gitcoin's own calendar. The organizational detail lives on the Gitcoin DAO (/wiki/daos/public-goods/gitcoin-dao) page.

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    How Caper approaches this Quadratic funding answers "how do you fund good work when a committee can't scale?" by matching against the breadth of small donors. Caper (/wiki/foundations/what-is-a-caper) answers the same question differently: instead of a periodic matching round, each caper raises continuously from its bonding curve (/wiki/markets/bonding-curve) , and its treasury deploys that capital through INVEST and PAYOUT proposals (/wiki/governance/proposals) that holders decide by participation-weighted voting (/wiki/governance/voting) . The shared instinct is the same – put allocation in the hands of the many who show up rather than a gatekept panel – but Caper trades the sybil-resistance overhead of a matching round for stake that has to be bought and held on the curve. It also removes the cadence risk visible above: a caper's treasury is always open to contribution, so a research group is never waiting on somebody else's round to be scheduled.

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    External Links - Gitcoin – Official Website (https://www.gitcoin.co) - Gitcoin Grants 24 (GG24) (https://grants.gitcoin.co/) - GG24: The First Funding Round of Gitcoin 3.0 – Case Study (https://gitcoin.co/case-studies/gg24-first-funding-round-of-gitcoin-3-0) - Allo Protocol (https://gitcoin.co/apps/allo-protocol) · Grants Stack (https://gitcoin.co/apps/gitcoin-grants-stack) - GR15 Results & Recap – Gitcoin Blog (https://web.archive.org/web/2023/https://www.gitcoin.co/blog/gr15-results) - Early thinking on GG25 (https://gov.gitcoin.co/t/early-thinking-on-gg25/24883) – Gitcoin governance forum, November 2025. - Gitcoin DAO 2026 Budget Request (passed) (https://gov.gitcoin.co/t/passed-gitcoin-dao-2026-budget-request/25075) – the post-Grants-Lab operating model.

v1.0.0Add inbound link to new Hypercerts (impact certificates) cornerstone page.–
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    Overview Gitcoin (https://www…n sybil resistance (/wiki/daos-governance/concepts/membership/sybil-res…ll-donors signal can be gamed.

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    How the funding works: Allo Pr… conviction voting (/wiki/daos-governance/concepts/voting/proposal-life…ve funding, and peer-reviewed hypercerts (/wiki/dao-governance/concepts/treasury/hypercerts) . It is the most mechanistical…oader DAO treasury (/wiki/daos-governance/concepts/treasury/dao-treasur… world is experimenting with.

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    DeSci Round Results & Trajecto…ne-donor-one-signal (/wiki/daos-governance/concepts/voting/token-weighte… caps for fairer distribution.

v1.0.0Repoint in-content DAO links to canonical typed taxonomy paths (2026-07-17 split carryover)–
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    Overview Gitcoin (https://www…n sybil resistance (/wiki/daos/concepts/membership/sybil-resistance-in-daos) : wi…ll-donors signal can be gamed.

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    How the funding works: Allo Pr… conviction voting (/wiki/daos/concepts/voting/proposal-lifecycle) , retroact…oader DAO treasury (/wiki/daos/concepts/treasury/dao-treasury-management) world is experimenting with.

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    DeSci Round Results & Trajecto…ne-donor-one-signal (/wiki/daos/concepts/voting/token-weighted-voting) logic … caps for fairer distribution.

v1.0.0Refresh: modernize GR15 -> Gitcoin 3.0/GG24 (Oct 2025, ~$1.8M, six mechanisms); add Allo Protocol/Grants Stack mechanism section; add sybil-resistance/treasury/proposal-lifecycle/token-weighted internal links; add honest How-Caper-approaches-this note (bonding curve + participation-weighted INVEST/PAYOUT vs QF matching); refresh external links with GG24/Allo/Grants Stack primaries.–
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    Type Funding Platform Focus Quadratic funding for public goods & DeSci Infrastructure Grants Stack, built on Allo Protocol First DeSci Round GR15 (2022) — $567k+ pool, 82 projects, 2,309 donors Latest Round GG24 — Oct 2025, first round of Gitcoin 3.0 GG24 Distributed ~$1.8M across six funding mechanisms Website gitcoin.co (https://www.gitcoin.co)

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    Overview Gitcoin (https://www.gitcoin.co) is the longest-running quadratic funding platform in the Ethereum ecosystem. Its Grants Round 15 (GR15) featured the first-ever dedicated DeSci Round (https://web.archive.org/web/2023/https://www.gitcoin.co/blog/gr15-results) , applying quadratic funding to open science: reimagining the incentives, culture, and infrastructure for research using Web3 tools. Quadratic funding matches community donations using a formula that weights the number of contributors above the size of each contribution, so a project backed by many small donors receives proportionally more matching than one backed by a few large ones. This democratizes science funding (/wiki/desci/desci-funding) in ways a traditional grant committee cannot — and it is why the mechanism depends heavily on sybil resistance (/wiki/dao/concepts/sybil-resistance-in-daos) : without a way to tell real donors from sockpuppets, the many-small-donors signal can be gamed.

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    How the funding works: Allo Protocol & Grants Stack Gitcoin's funding runs on Allo Protocol (https://gitcoin.co/apps/allo-protocol) , an open, modular allocation standard, surfaced to grant operators through Grants Stack (https://gitcoin.co/apps/gitcoin-grants-stack) — the open-source platform that ran the Gitcoin Grants Program from 2023 through May 2025 and powered dozens of ecosystem partner rounds. Allo decouples who is eligible, how funds are allocated, and how they are distributed, so a round can swap in quadratic funding (https://gitcoin.co/mechanisms/quadratic-funding) , direct grants, or retroactive funding without rebuilding the plumbing. GG24 (https://gitcoin.co/case-studies/gg24-first-funding-round-of-gitcoin-3-0) (October 2025) — billed as the first funding round of "Gitcoin 3.0" — leaned into that modularity, running six allocation mechanisms in parallel: quadratic funding, deep funding, MACI private voting, conviction voting (/wiki/dao/concepts/proposal-lifecycle) , retroactive funding, and peer-reviewed hypercerts. It is the most mechanistically diverse Gitcoin round to date, and a useful live catalogue of the funding designs the broader DAO treasury (/wiki/dao/concepts/dao-treasury-management) world is experimenting with.

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    DeSci Round Results & Trajectory The GR15 DeSci Round saw 2,309 donors crowdfund $67.9k across 82+ projects (https://web.archive.org/web/2023/https://www.gitcoin.co/blog/gr15-results) ; with matching partners the total pool exceeded $567k. Funded work built new incentives for open practice, out-of-university validation, and shared research infrastructure — an early proof that community-driven science funding was viable. DeSci was not carved out as a standalone domain in GG24, but the model GR15 established now shows up across the ecosystem: dedicated DeSci rounds on other platforms and the one-donor-one-signal (/wiki/dao/concepts/token-weighted-voting) logic that biotech DAO launchpads (/wiki/desci/ecosystem/molecule) borrow when they open community allocation. Gitcoin itself continues to distribute millions per year across open-source rounds, with dynamic quadratic funding adjusting eligibility and caps for fairer distribution.

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    How Caper approaches this Quadratic funding answers "how do you fund good work when a committee can't scale?" by matching against the breadth of small donors. Caper (/wiki/foundations/what-is-a-caper) answers the same question differently: instead of a periodic matching round, each caper raises continuously from its bonding curve (/wiki/markets/bonding-curve) , and its treasury deploys that capital through INVEST and PAYOUT proposals (/wiki/governance/proposals) that holders decide by participation-weighted voting (/wiki/governance/voting) . The shared instinct is the same — put allocation in the hands of the many who show up rather than a gatekept panel — but Caper trades the sybil-resistance overhead of a matching round for stake that has to be bought and held on the curve.

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    External Links - Gitcoin — Official Website (https://www.gitcoin.co) - Gitcoin Grants 24 (GG24) (https://grants.gitcoin.co/) - GG24: The First Funding Round of Gitcoin 3.0 — Case Study (https://gitcoin.co/case-studies/gg24-first-funding-round-of-gitcoin-3-0) - Allo Protocol (https://gitcoin.co/apps/allo-protocol) · Grants Stack (https://gitcoin.co/apps/gitcoin-grants-stack) - GR15 Results & Recap — Gitcoin Blog (https://web.archive.org/web/2023/https://www.gitcoin.co/blog/gr15-results)