GG20 marked significant milestones, including a $1.6M matching pool, the election of a Community Council, a protocol upgrade, and a greater sybil resistance strategy.

Written by Lina Pauline Schrott and Manuel Olariu

The Regenerative Finance (ReFi) movement has come a long way since its nascent days, growing from foundational ideas laid in 2017 through a surge in popularity and investment in 2021. ReFi addresses a fundamental issue: the traditional financial system often prioritizes short-term gains for capital holders at the expense of nature and biodiversity. By shifting towards sustainable and inclusive models, ReFi focuses on the holistic wellbeing of people and the planet and stands as a symbol of hope and transformation. Emerging from the Regenerative Economics and DeFi movements, ReFi leverages Web3, DLT, AI, and dMRV technologies to achieve its goals.

"Since its inception, Gitcoin Grants has been committed to fostering project growth and sustainability while maintaining critical Ethereum infrastructure through novel funding mechanisms.

Based on the talk by Meg Lister, Product Lead, Gitcoin Grants Stack, at Funding the Commons, July 2023

By Cici, Art Director at Gitcoin

This report aims to demystify web3 grants programs, covering their evolution, types, and governance. It draws from both qualitative and quantitative data to provide a comprehensive view.