Gitcoin is restructuring to focus on grants for the Ethereum ecosystem

Gitcoin, an open-source software funding platform, has announced it will shift focus away from public goods funding and towards enhancing grants infrastructure designed for the Ethereum ecosystem.

Since its launch in May 2021, Gitcoin’s organizational hierarchy has been relatively flat, with no CEO calling the shots. Workstreams, or focused groups dedicated to specific tasks or projects within the organization, have always required budgets to be approved through community voting — an often time consuming process.

As the DAO has evolved, however, it morphed from an impact-focused organization to something more technology-centric. Gitcoin executive director Kyle Weiss told Blockworks…

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