Announcing the decentralized future of Gitcoin Grants
On November 4, 2022, Gitcoin made an exciting announcement about the future of Gitcoin Grants. They are transitioning from a centralized grants platform to a decentralized protocol. This move signifies a significant shift in their approach to managing grant applications. Previously, they relied on manual review and management using platforms like Notion. However, they are now automating the process and turning Gitcoin into a protocol that behaves in a protocol-like manner. Gitcoin referred to their current platform as a "centralized grants (cGrants) platform" and announced their plans to move towards decentralization. It seems that buildbox will play a role in this transition by decentralizing the hackathon aspect of Gitcoin.