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Quadratic Funding and How Gitcoin Raised $60M for Public Goods - Kevin Owocki
May 10, 2024
Kevin Owocki, Co-founder of Gitcoin, discusses quadratic funding and public goods funding models in Gitcoin, including the utility of Gitcoin Passport, sybil protection dilemma, capital allocation, GTC token utility, and decentralizing Allo Protocol. The episode covers new allocation models introduced by Gitcoin 2.0, the current landscape of DAOs, and the success of Gitcoin in raising over $60M towards public goods funding.
48:43
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Quick takeaways
- Gitcoin utilizes Quadratic Funding to decentralize capital allocation for ecosystem initiatives.
- Gnosis introduces Gnosis Pay, the first decentralized payment network for self-custody crypto spending.
Deep dives
Building the Ultimate Capital Allocation Engine
Gitcoin aims to create a robust capital allocation engine for ecosystems, enabling the distribution of tokenized treasuries to fund community initiatives.