CryptoWorld News, March 11 — Ethereum founder Vitalik Buterin posted on X that Gitcoin Grants’ “deep funding” is still ongoing and recently completed a major round of funding. Vitalik suggested to developer Devansh Mehta that the model should continue to be improved (including its prediction market version), but the design details and funding sources need to be adapted to the demands of a “chaotic era.” He pointed out that the deep funding model currently has two advantages: it can reflect the principle of selecting the best, avoiding excessive egalitarianism; and it can benefit from artificial intelligence while maintaining human dominance. However, in terms of adapting to the needs of a “chaotic era,” the mechanism still bears a clear “stable era” character — attempting to build a large tool embodying justice principles and gaining societal consensus for funding. Vitalik believes it is necessary to consider how this mechanism can function in a world where such a mode of operation no longer applies.
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