Gitcoin Program Beta Round Donation Event: Everything You Need to Know

On April 24th, according to official sources, Gitcoin is about to open the Gitcoin Program Beta Round donation event from April 25th to May 9th. The official reminds users to first check if the Gitcoin Passport is the latest version, and the official will reset the Passport every 90 days to ensure that their eligibility is the latest. In order to participate in the new Gitcoin donation event, users must collect stamps again before the event goes live on April 25th.

Gitcoin’s new round of donation activities will start on April 25th

Gitcoin, a decentralized platform for open source software development and funding, is about to launch its Gitcoin Program Beta Round donation event from April 25th to May 9th. But before you participate, make sure to check if your Gitcoin Passport is up-to-date, as the official will reset it every 90 days to ensure your eligibility.
So, what exactly is Gitcoin and how does the Beta Round donation event work? In this article, we’ll go over everything you need to know about this exciting event to help you make the most of the opportunity.

What is Gitcoin?

Gitcoin is a platform that connects decentralized projects with software developers, funding and growth opportunities. The platform uses blockchain technology to incentivize developers with cryptocurrencies for contributing to open source software projects.
The project aims to empower developers and build open, sustainable innovation worldwide. Gitcoin has already funded over 2,000 projects with more than $17 million in funding.

Gitcoin Program Beta Round Donation Event

The Gitcoin Program Beta Round donation event is a two-week event that allows users to contribute to the development of decentralized projects and get rewarded with cryptocurrencies. The event involves collecting stamps, which can be earned by completing various tasks on the platform.
In order to participate in the event, you need to ensure that your Gitcoin Passport is the latest version. If you haven’t updated it in the last 90 days, don’t worry, the official will reset it before the event starts to ensure your eligibility.

How Does It Work?

During the Gitcoin Program Beta Round donation event, users can collect stamps by completing tasks on the platform. These tasks can range from code contributions to content creation and social media engagement.
Once you have collected enough stamps, you can use them to donate to your favorite projects. The more stamps you collect, the more cryptocurrency rewards you can earn.
The cryptocurrency rewards for each project depend on the total amount of funding received during the event. The rewards are distributed based on the proportion of each user’s donations to the total amount raised by the project.

Tips for Participation

Participating in the Gitcoin Program Beta Round donation event can be a great way to contribute to decentralized projects while earning cryptocurrencies. Here are some tips to help you make the most of the opportunity:

Update Your Gitcoin Passport

Make sure to update your Gitcoin Passport to the latest version before the event starts. The official will reset it every 90 days, so double-check that you’re eligible to participate.

Choose Your Favorite Projects

Before the event starts, take the time to research the projects that will participate in the event. Choose the ones that interest you the most and that you would like to support.

Complete Tasks Early

To collect stamps and earn rewards, you need to complete tasks early in the event. The earlier you complete the tasks, the more time you have to collect stamps and earn more rewards.

Spread the Word

Share the event with other developers and enthusiasts to increase the visibility of the projects and help them reach their funding goals.

Conclusion

The Gitcoin Program Beta Round donation event is an exciting opportunity to contribute to decentralized projects while earning cryptocurrencies. By completing tasks and collecting stamps, you can donate to your favorite projects and earn rewards based on the total amount of funding received.
Make sure to check your Gitcoin Passport version and choose your favorite projects before the event starts to make the most of the opportunity. Together, we can build open, sustainable innovation worldwide.

FAQs

1. When is the Gitcoin Program Beta Round donation event?
The event runs from April 25th to May 9th.
2. How can I collect stamps during the event?
You can earn stamps by completing tasks on the platform, such as code contributions and social media engagement.
3. Can I earn cryptocurrencies for my donations?
Yes, the rewards are distributed based on the proportion of each user’s donations to the total amount raised by the project.