WTF is Gitcoin?
#Gitcoin suffers a $500,000 #loss after a transfer #mishap while allocating funds to merchandise, memes, and marketing. The #mistake occurred when the Gitcoin contract address was pasted into the recipient field, rendering the #tokens permanently unattainable. This incident highlights the common occurrence of irreversible transfer #errors in the #crypto industry, with potentially devastating consequences. #news
https://web3isgoinggreat.com/single/gitcoin-transfer-mistake
Discussion
A decentralized platform that incentivizes open-source software development through various funding mechanisms, including direct payments, hackathons, and grants, while also providing educational resources and a community for developers, with governance facilitated by a DAO using Gitcoin tokens.