Thread by @ZKValidator

We have prepared a small FAQs thread 🧵about the zkTech @gitcoin side round that is currently active for GR13 with our matching pool of $275K for open source ZK projects.

✏️Why should you fund open source ZK Projects?

📢 ZK tech pushes the industry forward by enabling blockchains to scale and opening the door to private use cases. Open source projects allow all organisations, regardless of their size, to put this tech to work. We all win! (1/n)

✏️What type of projects are you featuring?

📢 The round focuses on ZK tech that improve the ease of use of zk tech, tooling and applications implementing zk. (2/n)

✏️ If I support a project, will you match the amount?

📢 Not exactly, the amount distributed to each project is decided through a quadratic voting mechanism. The popularity of a project is more important than the amount of money pledged to it. (3.1/n)

We also have a 10% matching cap for this round to prevent excessive matched funds going to a single project. (3.2/n)

✏️Who are the other matching partners?

📢 We are joined by amazing partners such as @0xPARC, @gnosisdao, @ethereum, @anomanetwork, @0xPolygon, @MinaProtocol, @penumbrazone, @Scroll_ZKP, @geometrydao, @aztecnetwork and @AleoHQ. (4/n)

You can take a look at all the grants here 👇bit.ly/3w91gaW