Giveth is onboarding real-world impact projects to web3 by empowering them with free access to novel fundraising mechanisms and new ecosystems of donors, while inspiring them to dive deeper down the blockchain rabbit hole.
We’ve been making HUGE progress so far in 2024:
Since August, we’ve ran 2 quadratic funding rounds (making it a total of 8 QF rounds this year,) brought our donation platform to support 11 chains and networks now, launched the first iteration of our decentralized project verification system (using Devouch), and announced the first cohort of the Quadratic Accelerator (q/acc). q/acc is the precursor to “Gurves” and is bringing us one step closer to the holy grail of the Giveth roadmap - making nonprofits profitable.
Giveth.io is an open source, radically transparent, user-friendly donation platform that allows anyone to open crypto funding portals by creating projects for positive impact, with zero added fees and no intermediaries. Donors are also rewarded for giving to a wide range of projects that cover the field of for-good ventures such as feeding the homeless, funding community currency projects, and promoting planetary well-being.
Currently Giveth is live on Ethereum Mainnet, Gnosis Chain, Polygon PoS, OP Mainnet, Base, Polygon zkEVM, Celo, Ethereum Classic, Solana, Stellar, and Arbitrum.
How it works
Giveth goes beyond “just donations” with the following features:
- GIVbacks - Donors who give to verified public goods projects get rewarded with GIV. This flips the script on tax-deductible donation, creating a decentralized and borderless way of incentivizing donations.
- GIVpower - Donors can lock their GIV tokens for GIVpower and use them to boost/curate projects on the platform. Projects with more GIVpower are ranked higher, and in turn, their donors are rewarded with more GIVbacks, similar to the veToken model. Top-boosted projects also appear higher on Giveth!
- Quadratic Funding - The democratic matching program popularized by Gitcoin is also available on Giveth! Projects and donors enjoy multi-chain donation rounds with an easy and streamlined user experience.
Who uses it
Currently, over 5,800 projects have raised donations from over 17,800 donor addresses on Giveth.
Projects who want to get to the next level can apply to be “Verified” as a public goods creator, providing information about their impact history and reputation at stake.
Updates
As we continue along into the final quarter of 2024, we are excited to announce some significant updates and future plans.
Major milestones achieved last quarter
- Ran 2 successful quadratic funding rounds start-to-finish, raising $100,000 for projects on Giveth through the matching pools of the GIV-ARB and the GIV-a-Palooza rounds, plus an additional $44,000 from donations!
- Closed a partnership with Endaoment and welcomed over 3,600 registered nonprofit projects into Giveth’s DApp.
- Launched Devouch - a decentralized vouching mechanism that lets people mint attestations and lend their reputation to projects they support.
- Launched phase 1 of our decentralized project verification system, leveraging Devouch to empower trusted community members to vouch for impact projects.
- Ran a “Recurring Donation Rally”, encouraging Giveth donors to set up donation streams.
- Added support for Coinbase and Trust Wallet on Mobile & Desktop
- Added stellar as an option for donating & fundraising in QF rounds and beyond.
- Brought the GIVeconony to Polygon zkEVM, adding support for GIV staking, GIVbacks and GIVpower.
Upcoming Goals - In Progress
The following is a list of products and features that we are currently working on building:
- Improving QF round matching estimations, making use of COCM, to more accurately convey the impact of a particular donation on the matching funds.
- Launch Season 3 of our Ambassador Program to empower a broader group of Giveth users.
- Iterate upon our GIVbacks donor rewards program using a raffle system designed to encourage larger donations to verified public goods projects.
- Expand our GIVeconomy dune dashboard to include Polygon zkEVM, offering useful stats and information regarding GIV.
- Create the MVP spec for Gurves (estimated to launch in 2025), to enable public goods projects to launch micro-economies backed by GIV.
- Run the 1st q/acc round with a cohort of projects building on Polygon, enabling them to launch new token economies through a novel mechanism that combines QF and augmented bonding curves.
Upcoming Goals - Under Research
The following is a list of new products, partnerships, and features that we are considering adding to our roadmap near and long term. Our ability to execute on these goals is dependent on fundraising and the success of our economy, so if you want to support the Future of Giving, please add us to your cart and donate!
- Bitcoin: Integrate Bitcoin to allow donors and projects to use Bitcoin for crowdfunding - enabling access to new audiences holding 56% of the total crypto market cap.
- Donation Handler Smart Contract: Build infrastructure so that all donations pass through smart contracts, enabling custom logic to be added on top of donations made on Giveth in an on-chain and transparent way.
- GIVeconomy UX: Improve the UX design of the GIVeconomy to make it easier for users to understand project curation & donor rewards.
- Recurring Donations UX: improve the design of recurring (streaming) donations to make it easier for donors to “set it and forget it”.
Giveth is a completely free donation platform that charges no fees from donors or projects to use our platform. Our sources of funding are predominantly public goods funding mechanisms like Gitcoin QF rounds, direct donations & grants. Please help sustain our community by adding us to your cart & donating!
Learn More
- Check out our site
- Join our Discord
- Explore our Newsletter
Giveth History
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accepted into Allo Builders Advancement Round 1 month ago.
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accepted into GG22 OSS - dApps and Apps 1 month ago.
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applied to the GG22 OSS - Web3 Infrastructure 1 month ago which was rejected
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applied to the Gitcoin Grants | Public Good in The Metaverse 3 months ago of which the application is still in a pending state
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applied to the Token Engineering the Superchain 3 months ago which was rejected
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applied to the Asia Round 3 months ago which was rejected
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accepted into GG21: Thriving Arbitrum Summer 3 months ago.
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accepted into CollabTech Round and Thresholds Experiment 3 months ago.
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accepted into Web3 Grants Ecosystem Advancement 3 months ago.