GTC meaning in Cryptocurrency ?

Answer:

To find out even more about this project, check out our deep dive of Gitcoin.

What Is Gitcoin (GTC)?

Gitcoin describes itself as a community of builders, creators and protocols that have come together in order to develop the future of the open internet. Gitcoin creates a community that supports new infrastructure for Web3 — includingn tools, technologies and networks — to foster development in the open-source sphere.

GTC is Gitcoin’s governance token, launched in late May 2021. The token is needed for the creation and funding of the DAO that will govern Gitcoin.

Who Are the Founders of Gitcoin?

Gitcoin was founded by Keving Owocki and Scott moore. Owocki is CEO, Moore is technical growth lead and is director of research.

What Makes Gitcoin Unique?

Gitcoin is unique in that it is a platform that supports community building, specifically for open source projects. As of June 2021, over $20 million has been funded for open source projects through Gitcoin, there are over 160,000 active developers monthly and a little over 1,600 projects created.

Gitcoin aims to create a future vision called “Quadratic Lands” — a digital ecosystem with digital democracy and a strong emphasis on community building.

Related Pages:

Learn more about EFFORCE.

See more about Uniswap.

Learn more about DAOs.

Check out the CoinMarketCap blog.

How Many Gitcoin (GTC) Coins Are There in Circulation?

The total supply of GTC is 100,000,000 tokens. 15% is set aside for a retroactive airdrop, 50% is in the Gitcoin DAO and 35% is for existing stakeholders. The retroactive airdrop is for past users of Gitcoin, the DAO allocation is for governance purposes and the existing stakeholders include anyone who has contributed to building Gitcoin in the past or the future (with a vesting schedule of at least two years for Gitcoin team members).

For more information about GTC’s distribution, see here.

How Is the Gitcoin Network Secured?

GTC has no economic value, according to the token’s introductory blog post. Token is a fork of the COMP/UNI governance system, with a built-in delegation prompt in the retroactive claim process.

Where Can You Buy Gitcoin (GTC)?

Please write a couple of sentences to name some of the main exchanges where this asset is listed. Please also work in a link to our fiat on ramp url using generic anchor text such as “read more here” or “explained here” etc.

reference

Full Form	Category
Gateway To College	Academic & Science
Gran Telescopio Canario	Academic & Science
Good Til Cancelled	Accounts and Finance
Green Turtle	Airport Code
General Theming Contractors	Business
Global Telesat Corp	Business
Granby Telephone Company	Business
Georgia Theatre Company	Business
Graduate Teacher Certificate	Business
Graduate Teacher Certification	Business
Georgia Transmission Corporation	Business
Gaz Tech Corp	Business
Granite Tax Connect	Business
Global Trade Corporation	Business
General Transport Company	Business
General Telephone Company	Business
Grand Touring Coupe	Business
German Tank Corp	Business
Global Tobacco Company	Business
Gas Transportation Company	Business
Getech Group	Business
Grove Theater Center	Community
GPU Technology Conference	Community
Global Technology Conference	Community
Global Translator Community	Community
Ground Truth Church	Community
Global Trading Club	Community
Gardening The Community	Community
Gifted Talented And Creative	Community
Glacity Theatre Collective	Community
Green Theatre Collective	Community
General Teachers Council	Community
Giant Talking Cow	Community
Government Technology Conference	Community
Gumptious Technology Co	Computing
Global Technology Centres	Computing
Group Training Coordinator	Computing
Google Translate Community	Computing
Google Translation Center	Computing
Google Translate Client	Computing
Global Telco Consult	Computing
Game.com	Cryptocurrency
Gitcoin	Cryptocurrency
Gastrocoin	Cryptocurrency
Gateway Technical College	Educational Institute
Greenville Technical College	Educational Institute
Gwinnett Technical College	Educational Institute
Good Til Canceled	General
Gyrokinetic Toroidal Code	General
Ghost Town Crip	General
Game Time Card	General
Gran Telescopio Canarias	General
Generating Transformative Change	General
Generalized Tonic Clonic	General
Gavin The Champ	General
Greek Turkish Clarinet	General
Good Till Canceled	General
Guarantee Trust and Commitment	General
Gran Turismo Composite	General
Grand Tourismo Coupe	General
Global Tour Coin	General
Grand Tour Composite	General
Gran Turismo Coupe	General
Greening The Cleaning	General
Grasshopper To CEA	General
Grand Touring Car	General
Gran Turismo Competizione	General
Gt Convertible	General
Gran Turismo Crossover	General
Gran Turismo Corsa	General
Gran Turismo Compressore	General
Getrag Transmissions Corporation	General
Grand Touring Challenge	General
Gt Championship	General
German Touring Car	General
Gran Turismo Cup	General
Global Training Center	General
Gt Cabriolet	General
Grand Tourisme Confort	General
Grand Tourer Concept	General
Gt Club	General
Global Technical Center	General
Global Touring Cars	General
Guess The Car	General
Ginger Turnip Carrot	General
Golden Triangle Construction	General
General Terms Conditions	General
Gran Turismo Compact	General
Global Trance Community	General
Gran Touring Coupe	General
Gran Telescope Canaria	General
Gran Turismo Car	General
Graal Trading Cards	General
Gasification Technologies Council	Governmental
General Teaching Council	Governmental
Genesee Transportation Council	Governmental
Good Tyre Condition	Governmental
Great Trail Council	Governmental
Grand Theft Chicken	Governmental
Government Travel Card	Governmental
Georgia Tax Center	Income Tax
Gigatons of Carbon	Measurement Unit
Genomic Testing Cooperative	Medical
Greater Therapy Centers	Medical
Gas Treatment Centre	Medical
Gas Turbine Compressor	Military and Defence
Generic Token Card	Networking
Gulf Transport	Regional
Green Turtle, Bahamas	Regional
Glycol Trim Console	Space Science
Ground Test Conductor	Space Science
Gymnastics Training Center	Sports
Global Touring Challenge	Sports
Game Tool Chest	Sports
Good Until Cancelled	Stock Exchange
Georgia Technology Center	Technology
Group Technology Centre	Technology