Gitcoin, a platform that empowers communities to fund and build open-source projects, has announced a collaboration with Shell, a global energy company. The partnership aims to explore innovative ways to incentivize the adoption of renewable energy sources and provide transparency and verifiability for carbon markets.
Collaboration Details
The collaboration will encompass a donation to the Gitcoin matching fund for the next four Climate Solutions rounds in the Gitcoin Grants Program and a hackathon in Q4 of this year, focusing on blockchain-related energy use cases.
The Gitcoin Grants Program is a quarterly initiative that employs Quadratic Funding to distribute resources in alignment with community needs. This program has already distributed over $50 million to early-stage builders working on projects across DeFi, Climate, Open Source, and more.
Azeem Khan, Gitcoin’s Head of Impact, expressed the company’s enthusiasm for the…
