๐จAIRDROP Alert ๐จ Gitcoin Governance token (GTC) dont miss it | Summary and Q&A
TL;DR
Learn how to claim free Git Coin governance tokens through three missions: proof of knowledge, proof of views, and proof of receive.
Key Insights
- ๐ค Git Coin has introduced a governance token that users can claim by completing specific missions.
- ๐ The three missions include proving knowledge about Git Coin, proving views by watching a video, and proving receive through delegation.
- ๐คจ Git Coin is primarily focused on decentralized funding for crypto projects, allowing them to raise funds through proposals and donations.
- โ The Git Coin token has no inherent monetary value and is solely used for governance purposes within the platform.
- ๐ค Users can participate in Git Coin to receive a retrospective airdrop of tokens, which can potentially have value in the future.
- โ The token distribution consists of 50% to the Git Coin DAO, 35% to existing stakeholders, and 15% to the retroactive airdrop.
- ๐ซข Ethereum gas fees are applicable when claiming Git Coin tokens, but the tokens themselves are received for free.
Transcript
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Questions & Answers
Q: What can Git Coin tokens be used for?
Git Coin tokens can be used for governance purposes, allowing holders to vote on proposals and decisions within the platform.
Q: How can I claim Git Coin tokens?
To claim Git Coin tokens, users need to complete three missions: proof of knowledge, proof of views, and proof of receive. Each mission has specific tasks to be completed.
Q: Is Git Coin a valuable token?
Git Coin is primarily a governance token and its value is determined by its use within the decentralized autonomous organization (DAO). It is not designed to have monetary value.
Q: How does Git Coin work as a funding platform?
Git Coin acts as a decentralized funding platform, where crypto projects can propose ideas, request donations, and seek support from the community. It operates similar to a combination of Fiverr and GoFundMe, but specifically for crypto projects.
Summary & Key Takeaways
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Git Coin has launched its governance token and users can claim it by completing three missions.
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The missions include proving knowledge about Git Coin, proving views through watching a video, and proving receive by delegating tokens.
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Git Coin is a decentralized funding platform that allows crypto projects to raise funds through proposals and donations.