TallyCash, a Web3.0 wallet, joins the Gitcoin Aqueduct program and uses 2.5% of the total Token amount to develop rewards

Moving BlockBeats news, on February 18, Gitcoin announced that TallyCash, the Web3.0 wallet, has proposed to dedicate 2.5% of its total Token supply to Gitcoin Aqueduct, a project creator incentive scheme. In its proposal, 50 percent of the total TallyCash Token allocation would be used to support public goods through the Gitcoin Grants main pool and another 50 percent would be used to build the Tally Wallet ecosystem. Funds will be allocated through Gitcoin Grants in June 2022, subject to approval by the TallyCash DAO. Gitcoin Aqueduct allows projects like TallyCash to automate public goods financing and ecosystem building in a single line of code. Builders who help them develop and improve their products receive financial rewards from the community, distributed in a neutral way.