Vitalik Buterin-backed Gitcoin Boosts Longevity with Quadratic Funding!
Channel: Lifespan News
Date: 2021-12-02

Gitcoin Grants Round 12 has kicked off, and they have over $2 million dollars committed in matching funds for projects! Check out and support our longevity-focused projects here: https://gitcoin.co/grants/explorer?page=1&limit=12&me=false&sort_option=weighted_shuffle&collection_id=18790&network=mainnet&state=active&profile=false&sub_round_slug=false&collections_page=1&grant_regions=&grant_types=&grant_tags=&tenants=&idle=true&featured=false&round_type=false

Instructions for donating can be found here - https://www.lifespan.io/news/gitcoin-launches-crypto-funding-round-for-longevity/

Gitcoin is a platform dedicated to supporting and growing the open-source software that will likely serve as the foundation of Web3. The Gitcoin crypto platform launched in 2017 to foster collaboration on open-source initiatives by incentivizing developers to take on projects with payments and grants. Gitcoin focuses on funding “public goods” projects intended to benefit everyone.

What really sets Gitcoin apart is their use of Quadratic Funding, which Gitcoin describes as the mathematically optimal way to fund public goods in a democratic community. Essentially, a matching pool of funds is raised, and then a crowdfund campaign is matched according to the Quadratic Funding algorithm. The algorithm weights the number of contributors more than the amount funded, which rewards the projects with the most community support. This elevates the power of smaller contributors and creates a sense of camaraderie between them and the larger contributors.

According to Ethereum co-founder and noted longevity mega-supporter Vitalik Buterin, “Gitcoin grants quadratic funding is not just for funds allocation, it's also a great signaling tool! For the last few rounds, going to https://gitcoin.co/grants/ (sort by top match) has led me to discover a lot of really cool Ethereum projects I previously did not know about.”

Gitcoin Grants Round 12 features 3 different Cause Rounds, focused on Climate, Advocacy, and Longevity. There’s currently 21 projects, called “grants”, seeking funding within the longevity category which have been curated by the VitaDAO community.

For example, you can support lifespan advocacy video content by funding the Life Noggin project, a YouTube channel which reaches millions of people with educational videos. We have Lifespan News/Life Noggin collaborations planned for the future, so dollars in this category support our work as well.

Or, you can support Lifespan.io’s transition from Web2, which we’ve built our success on, to Web3, which will take our life extension advocacy and research to a whole new level - including blockchain-facilitated crowdfunding of decentralized human clinical trials.

Another project is focused on “Stopping Alzheimer's with Light and Sound”, and is led by Lifespan.io’s Dr. Oliver Medvedik. This project aims to crowdsource the development of promising safe & non pharmacological therapies for Alzheimer's, bypassing the slow and costly clinical trials associated with drug-based models, to get meaningful results in the hands of the public as fast as possible.

You can also help fund the creation of Tim Maupin’s longevity-focused feature film “The Last Generation to Die”, because as David Sinclair says in his book,  Lifespan, "Nothing begins with science. It all begins with stories."

Brent is even more involved in another Gitcoin project called Longevity Plan where he serves as a co-founder and CEO. Longevity Plan’s mission is to show you the value of a longer and healthier lifespan, and to help you get there. You can go to LongevityPlan.com to learn more. 

Let us know in the comments which project or projects you’re considering supporting and why. It’s important that we all work to grow and fund the longevity community, because it will ultimately benefit all of humanity. 

SOURCES AND FURTHER READING
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https://gitcoin.co/grants/

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PRODUCTION CREDITS
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Host - Brent Nally
Producer, Writer, & Editor - Ryan O’Shea
Art - Mattijs Vonk
Executive Producer - Keith Comito

#Gitcoin #Web3 #Ethereum

The opinions of the hosts and subjects of this video do not necessarily reflect the view of lifespan.io.