The S16 Gitcoin Product Collective Budget request has passed on Snapshot and this vote is to ratify those results on chain and to transfer the budget to them.

TL;DR 3 main takeaways:

1. GPC merged with the Moonshot Collective 3, consolidating the Gitcoin DAO’s software building teams into one workstream. The GPC Budget for S16 is relatively flat from S15 despite the merge and the inclusion of new talent from Moonshot, as the merge relieved GPC’s reliance on outside contracted resources.
2. GPC’s focus is now 100% on launching the Grants Protocol with the DAO’s recent commitment to replace GR16 2 with an alpha round on the protocol.
3. Gitcoin Passport is here, and it’s awesome. We will spend much of this season growing our list of integration partners and continue to refine & build out initial use cases to confirm product market fit.

The snapshot vote is here for review: https://snapshot.org/#/gitcoindao.eth/proposal/0x974724227df2dcd1659379651886364eee441c24ff96ed0e0b2ee6395712408d

The funds will go to a multisig controlled by GPC and will be distributed as described in the original proposal. The Gnosis safe that funds will be transferred to can be found at: https://app.safe.global/eth:0xd1f5d2A59Ef194aE00F27b2DA6599ce207ddE7cB/home

This vote does also include the GTC to replenish the workstream's reserves.