Firms reminiscent of Uniswap, Optimism, Yearn, Gnosis, and 1Inch are examples of early Gitcoin grantees. The collective market caps of people who launched tokens, alongside the non-public valuations of others that raised capital with out stay tokens, far exceed the quantity of funding initially supplied. Whereas many of those firms have given again to the ecosystem by donating to public items, elevating new funds for future rounds stays a problem. That is very true throughout bear markets, when capital is scarce, and enterprise funding is more durable to safe.