The Next Stage for Public Good Funding in Crypto

Companies
such
as
Uniswap,
Optimism,
Yearn,
Gnosis,
and
1Inch
are
examples
of
early
Gitcoin
grantees.
The
collective
market
caps
of
those
that
launched
tokens,
alongside
the
private
valuations
of
others
that
raised
capital
without
live
tokens,
far
exceed
the
amount
of
funding
initially
provided.
While
many
of
these
companies
have
given
back
to
the
ecosystem
by
donating
to
public
goods,
raising
new
funds
for
future
rounds
remains
a
challenge.
This
is
especially
true
during
bear
markets,
when
capital
is
scarce,
and
venture
funding
is
harder
to
secure.