gitcoin

8 Projects on Gitcoin You Should Consider Giving $1 To

Gitcoin is an Ethereum-based grant funding platform that exists to support open source projects and people developing public goods.

When you contribute to a project on Gitcoin

  • Every $1 you contribute can mean Gitcoin might give $10 or more to the project.
  • The more unique contributors, the more money the project will get from the Gitcoin grant fund.
  • Smaller donations from a lot of people are better than a big donation from one person.
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BitcoinMalaysia DAO’s Gitcoin Grant Page

By using smart contracts, every contribution is transparently recorded on the blockchain and efficiently used to calculate how much grant money each project would get at the end of the fund matching round.

This is the 5th time Gitcoin is doing this and there are $250,000 from various sponsors include Vitalik Buterin himself to be distributed to projects this round.

Divided into three categories: Tech, Media & Health (any new category specifically targeted for COVID-19 related projects), over 520 projects have applied for grant money.

And quite frankly, all of them are great!

Here are 8 projects I donated $1 to and perhaps you should too!

1/ Universal Basic Income for 10,000 Kenyans

As of writing, a donation of $1 from you will give them $120.
Link to page here.

Why this project?

  • Cryptocurrencies are most needed in countries where their legacy currencies have already failed.
  • I met Grassroot Economics at the United Nations two years ago.
  • They are equipping Kenyans with Ethereum wallets and giving them universal basic income.
  • Quite unheard of right? I think so too. If they are successful in their project, we might possibly be able to replicate that in Malaysia too.

2/ The Commons Stack

As of writing, a donation of $1 from you will give them $105.
Link to page here.

Why this project?

  • Common Stack is a library of tools you can freely use to create your own sustainable cause-focused communities.
  • They are building a How-to-DAO wiki for beginners.
  • I’m looking forward to the implementation of the Augmented Bonding Curve – a way to keep people accountable and a transparent way to exit for those who wish to retire from the project.

3/ The Commons Simulator

As of writing, a donation of $1 from you will give them $101.
Link to page here.

Why this project?

  • This is a game to make it easier for beginners learn the Common Stack.
  • I’m always a fan of people making things easier to learn.
  • They 80% through their MVP already.
  • Look at how they have very clear milestones and incentives structures in place. There is so much you, me, we can learn from them.

4/ Mess Adoption

As of writing, a donation of $1 from you will give them $41.
Link to page here.

Why this project?

  • Felipe Duarte who runs this podcast series makes it entertaining and easy to understand. This podcast also links you to some of the most brilliant minds at the forefront of this space.

5/ BrightID

As of writing, a donation of $1 from you will give them $47.
Link to page here

  • BrightID is your new digital birth certificate for the Internet.
  • Every person on Earth can only have one; and you can use it to prove you are you without giving your personal data away.
  • This might be a critical component so that monthly Universal Basic Income (UBI) can become a reality without a person cheating and claiming twice. If you want a chance for UBI, you’d want to see project successful.

6/ CuraDAI

As of writing, a donation of $1 from you will give them $16.
Link to page here

  • CuraDAI is a stablecoin 100% backed by DAI that serves as a (better) alternative to the local currency of Curaçao, a small Caribbean island just north of Venezuela.
  • If they are successful in their implementation, this would be a very good for use case for a non-fiat backed stablecoin for Malaysia as well.

7/ Open Source Covid Ventilators & Masks

As of writing, a donation of $1 from you will give them $91.
Link to page here

  • This team is 3D printing Covid Ventilators & Masks and making their designs for public use.
  • This is an example of a non-blockchain project using a blockchain-based funding platform to gain support.

8/ POAP

As of writing, a donation of $1 from you will give them $170.
Link to page here

  • POAP stands for ‘Proof of Attendance Protocol’.
  • They created and given out over 7,000 NFT badges at events such as Devcon V Osaka & ETHDenver so that you can take home a token to prove that you were there.
  • And they do it for free, rely on 100% volunteerism, own time and money. They deserve our support.

Summary

Gitcoin is not only a place to get grant funds. What it has done is also created a place where you can see some of the best projects people are developing in the space!

If you’re looking for a meaningful project to be part of, Gitcoin is a great place to start. If you wish to make a donation of $1 or 0.01 ETH or 1 DAI to any project above or others, you will need a Metamask wallet and Gitcoin account. I’ll write a full guide soon.

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