decrypt.co
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The differences between Web 2.0 and Web 3.0
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Understanding the potential of Web 3.0
Gitcoin, a decentralized funding platform focused on open-source projects, is the latest in the crypto space to launch its own NFT project—albeit with a unique plan for how to spend the funds.
Earlier this week, Gitcoin founder Kevin Owocki and Gitcoin DAO Steward Austin Griffith announced Moonshot Bots, a limited-edition NFT collection with a maximum supply of just 303 pieces. An NFT acts like a deed of ownership to a digital item, including images, video files, and more—and in this case, it’s for a pixel-based robot avatar.
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Already, 196 of the Moonshot Bots NFTs have been sold, generating more than $1.88 million in the process. All funds will be added to the Gitcoin Grants matching pool, which is used to fund open-source Web3 projects designed for public good.
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Owocki said that he and Griffith were motivated by seeing the work of the builders in the Gitcoin DAO’s recently-launched Moonshot Collective, which is designed to rapidly prototype tools for DAOs
“Austin and I wanted to be in the trenches building along with the builders of Moonshot Collective, and we wanted to reward these builders for their participation with access to the bots as soon as they launched"
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