Gitcoin grants. What are they?
One of the ways to offer leverage to the open source community to mold and encourage work is through Gitcoin. Gitcoin could be utilised by employers to add incentive in the growth of their projects by getting the necessary individuals work on the problems. Gitcoin Grants, a peculiar aspect initiated for the provision of recurring funding for the work in open source software is a fast and secure way. Being launched on the Ethereum blockchain as a bounty platform the previous year, has made an easy way out to get paid on resolving the Github issues.
The journey of the Gitcoin Grants so far
In the time of a year, Gitcoin Grants has been able to get $500K of bounties completed, 2,000 issues solved across 225 such open source projects.Some of the developers like MetaMask, uPort, MARKET Protocol and the Ethereum Foundation were ended up being hired for the full-time work for unique projects on doing excellently well on bounties.