Gitcoin will hold the first round of the GG23 grant program on April 2.

Gitcoin announces the start of applications for participation in GG23. The first round will take place from April 2 to April 17.

For more detailed information, you can check the official GTC tweet:

Information about GTC

Gitcoin is a platform created for open-source application developers who need funding and support. The goal of the project is to stimulate the creation and development of open-source software.

The platform offers a range of tools, including bounty campaigns, virtual hackathons, a rewards system for contributions to specific projects, and quadratic funding grants.

Quadratic funding grants are a system in which the amount of funds allocated to a grant depends not only on the total amount of donations but also on the number of participants who have made donations. This provides a more democratic and fair way of distributing funds.

GTC is the native token of the Gitcoin platform. Holders of the GTC token can use it to participate in votes on proposals regarding how to allocate the platform's funds, which projects to support, and what changes to make to the platform. Additionally, GTC is used as a means of rewarding community members who contribute to the Gitcoin ecosystem.