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  1. Home
  2. /Glossary
  3. /Gitcoin
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cryptocurrency

Gitcoin

A platform that funds open-source projects through quadratic funding, where small donations from many people get amplified by a matching pool.

Definition

A platform that funds open-source projects through quadratic funding, where small donations from many people get amplified by a matching pool. It's been a major funding mechanism for Ethereum public goods. Gitcoin Passport also serves as a sybil resistance tool that verifies unique humans for airdrops.

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Related Terms

DAO (Decentralized Autonomous Organization)

An organization run by code and governed by token holders instead of a traditional management structure.

Web3

The vision of a decentralized internet built on blockchain technology where users own their data and assets.

Governance

The process of making decisions about a protocol's development and direction.

Address Poisoning

A scam where attackers send tiny transactions from addresses that look similar to ones you've interacted with, hoping you'll accidentally copy the wrong address from your transaction history.

AI x Crypto

The intersection of artificial intelligence and blockchain technology.

Airdrop

A marketing strategy where crypto projects distribute free tokens to wallet addresses.

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