Company
Date Published
Author
Chainlink
Word count
605
Language
English
Hacker News points
None

Summary

Chainlink has announced its participation as a matching partner in Gitcoin Grants Round 15, contributing to a $2.8 million main matching pool to support the development of Ethereum infrastructure, decentralized applications (dApps), and essential tooling. This initiative aligns with Chainlink's ongoing efforts to bolster blockchain and smart contract developers across the multi-chain ecosystem, including past involvement in Gitcoin Grant rounds and the Chainlink Community Grant Program. Gitcoin's quadratic funding model, which prioritizes projects with the most individual donors, ensures broad community input in determining funding allocations, supported by mechanisms to prevent manipulation. By backing open-source software and infrastructure development, Chainlink aims to advance the global Web3 economy, promoting a transparent, collaborative, and equitable future powered by cryptographic truth.