## GTC Coin: Short Fundamentals, Recent News, and Disclaimer
**Disclaimer:** I am not a financial advisor and this is not financial advice. Please do your own research before making any investment decisions.
**Fundamentals:**
* **Purpose:** GTC is the native token of the Gitcoin platform, which facilitates funding for open-source projects and public goods through a mechanism called quadratic funding. This means individual donations are matched proportionally, amplifying the impact of smaller contributions.
* **Supply:** There are 100 million GTC tokens in total, with 66.29 million currently circulating. There is no maximum supply.
* **Market Cap:** As of February 14, 2024, the market cap of GTC is around $87.6 million USD.
* **Token Utility:** GTC can be used for:
* Voting on grants within the Gitcoin ecosystem.
* Participating in quadratic funding rounds.
* Paying fees on the Gitcoin platform.
* Accessing exclusive features and benefits within the Gitcoin community.
**Recent News:**
* Gitcoin and Metalabel collaborated to release a limited edition collection of NFTs commemorating the paper "Liberal Radicalism," which introduced the concept of quadratic funding.
* The Gitcoin Grants Round 14 is currently ongoing, with over $8.8 million USD pledged to various open-source projects.
* Gitcoin partnered with NEAR Protocol to launch a quadratic funding grant program specific to the NEAR ecosystem.
**Disclaimer:**
* The crypto market is highly volatile and speculative. The value of your GTC tokens could fluctuate significantly over time.
* Quadratic funding is a complex mechanism with its own risks and limitations.
* Before investing in GTC, please carefully consider your own financial situation and risk tolerance.
**Additional Resources:**
* Gitcoin Website: (gitcoin.co/)
* Gitcoin Blog: (blog.gitcoin.co/)
* CoinMarketCap: (coinmarketcap.com/currencies/gitcoin/)
* CoinGecko: (www.coingecko.com/en/coins/gitcoin)
I hope this information is helpful. Please let me know if you have any other questions.
**Disclaimer:** I am not a financial advisor and this is not financial advice. Please do your own research before making any investment decisions.
**Fundamentals:**
* **Purpose:** GTC is the native token of the Gitcoin platform, which facilitates funding for open-source projects and public goods through a mechanism called quadratic funding. This means individual donations are matched proportionally, amplifying the impact of smaller contributions.
* **Supply:** There are 100 million GTC tokens in total, with 66.29 million currently circulating. There is no maximum supply.
* **Market Cap:** As of February 14, 2024, the market cap of GTC is around $87.6 million USD.
* **Token Utility:** GTC can be used for:
* Voting on grants within the Gitcoin ecosystem.
* Participating in quadratic funding rounds.
* Paying fees on the Gitcoin platform.
* Accessing exclusive features and benefits within the Gitcoin community.
**Recent News:**
* Gitcoin and Metalabel collaborated to release a limited edition collection of NFTs commemorating the paper "Liberal Radicalism," which introduced the concept of quadratic funding.
* The Gitcoin Grants Round 14 is currently ongoing, with over $8.8 million USD pledged to various open-source projects.
* Gitcoin partnered with NEAR Protocol to launch a quadratic funding grant program specific to the NEAR ecosystem.
**Disclaimer:**
* The crypto market is highly volatile and speculative. The value of your GTC tokens could fluctuate significantly over time.
* Quadratic funding is a complex mechanism with its own risks and limitations.
* Before investing in GTC, please carefully consider your own financial situation and risk tolerance.
**Additional Resources:**
* Gitcoin Website: (gitcoin.co/)
* Gitcoin Blog: (blog.gitcoin.co/)
* CoinMarketCap: (coinmarketcap.com/currencies/gitcoin/)
* CoinGecko: (www.coingecko.com/en/coins/gitcoin)
I hope this information is helpful. Please let me know if you have any other questions.
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