Gitcoin Faces Backlash Over Shell Partnership Amid Growing Pains for Crypto
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Gitcoin supports open-source development through quadratic funding and fosters community growth. The partnership with Shell aimed to fund climate initiatives but received backlash.
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Gitcoin Passport verifies identity to prevent gaming of grants rounds. It has potential uses in airdrops, NFTs, crypto gambling, DeFi, and more.
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The crypto market outlook is positive with stabilizing inflation, regulatory clarity, potential for a Bitcoin ETF, upcoming halving, and growing adoption.
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Crypto technology and user experience need improvement. The industry may mirror early days of big tech in 5 years.
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Regulation will play a key role in crypto's future, but the technology itself needs maturing and a killer app to reach full potential.