Krakenrecentlyannounceditwillmatchupto$150,000indonationstoopen-sourceEthereumdevelopersastheleadsponsorofthelatestGitcoinfundingdrive.
ThismeansthatfromnowuntilDecember17,youcanjointheGitcoincommunityanddonatecryptocurrencytotheteamsandprojectsseekingfundingonitsplatform.
Wheneveraproject’sgoalsaremet,thesecontributionswillbematchedbyKrakenusingGitcoin’ssignaturequadraticfundingfeature–?aprocessbywhichfundsareprogrammaticallyallocatedusingsmartcontractsontheEthereumblockchainitself!
Ofcourse,sincethefundingisbeingdistributedontheblockchain,you’llneedcryptocurrencytoparticipate.YoucanmakedonationstotheprojectsusingDAI,astablecoinavailableonKraken.However,ETH,LINKandmanyotherKraken-listedcryptocurrenciesareacceptedaswell.?
Ifyouwouldliketocontributeinthisfundinground,firstpurchasecryptocurrencythroughKrakenandconnectoneofthefollowingwalletstoGitCoinaftersettingupyouraccount.
Fromthere,you’llwanttonavigatetotheGitCoinwebsiteandheadovertoits“InfraTech”pagewhereyou’llseepostsfordozensofgreatEthereumprojectsseekingfunding.(We’reonlyfundingprojectsandbuildersworkingonessentialinfrastructure.)
Youcanclickoneachprojecttoseewhattheirambitionis,whattheirfundinggoalsare,whoisamemberoftheteamandevenreadreal-timefeedbackfromotherdonors.?
Ifyou’dliketogive,simplyaddtheprojecttoyourcartandselectwhichtokenyou’dliketodonate(andhowmuchyouwishtocontribute).
Afteryoumakeyourdonationtooneoftheprojects,thesystemwillanalyzehowmuchandhowmanymembersofthecommunityarecontributingtotheproject,andtheKrakengrantwillmatchanamountproportionaltothecommunity’sresponse.
Remember,bycontributingyou’rehelpingfurtherKraken’smissionoffundinggreatopen-sourceblockchainprojectsanddevelopers.Formoreinformationaboutourgrantprogramandhowtoapply,youcanbookmarkKraken’sofficialgrantpage.?
AboutGitcoin?
Gitcoin’smissionistogrowopen-sourcecommunitiesbymaintainingafreeandfairmarketplacetomatchdevelopersanddonors.Ifyouhaveaprojectthatisseekingfunding,thereisstilltimetosubmitbynavigatingtotheGitcoinGrantspage.
Todate,ithasprovidedover$8.5millioninfundingandraisedover$1millionin2020.??
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