Gitcoin Criticized as Pro-Ethereum Twitter Account Raises $11,000

A pro-Ethereum Twitter account managed to secure the third-largest Gitcoin grant to date, prompting debate in the community. Vitalik Buterin shares his position, highlighting issues with quadratic voting.

The latest Gitcoin Grants results were confirmed recently, with a funding pot worth $200,000 distributed among various projects and entities within the Ethereum ecosystem. Funding was distributed with a $125,000 matching pool going to tech projects and a further $75,000 pool dedicated to media projects.

However, the fact that a Twitter account managed to secure a grant worth over $11,000 has prompted heated debate in the Ethereum community, leading co-creator Vitalik Buterin to weigh-in.

Gitcoin exists as an Ethereum-based platform aimed at crowdfunding for open-source software projects. Gitcoin Grants set aside a dedicated pool of funds and allows anyone in the Ethereum community to participate in voting for their favorite projects to receive the funds, similar to donation…