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 April, we ran three quadratic funding rounds (making that eight QF rounds to date), brought our donation platform to now TEN chains and networks, and launched loads of features, including streaming donations and a decentralized attestation service. We also improved our QF infrastructure and sybil protection, integrating Passport’s model-based detection API and offering a dual verification system to streamline donor identity verification for the crypto experienced and crypto newbie alike, and adopting [Connection-Oriented Cluster Match QF] (https://forum.giveth.io/t/cluster-match-qf-announcement/1419) to improve democratic funds distribution.

Now we’re building the Quadratic Accelerator, growing our platform to attract more impact projects & new donors, and setting our sights on DAOifying nonprofits.

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, 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 5,300 projects have raised donations from over 17,200 donor addresses on Giveth.

Giveth is a permissionless platform that allows anyone to create a project and start raising funds, and anyone with a wallet can get started donating.

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.

Major updates

As we blaze into Q3 of 2024, we are delighted to announce some significant updates and future plans.

Major milestones achieved last quarter

• Quadratic Funding: Ran 3 successful quadratic funding rounds start-to-finish, raising ±$199k for projects on Giveth.
• QF Improvements: Improved our quadratic funding round UX with a dual identity verification system and COCM to make things easy to crypto experienced, and crypto newbies alike, and to more democratically distribute matching funds.
• Project Attestations: Built and launched a decentralized attestations program, Devouch.
• GIVeconomy Analytics Dashboard: Built & launched our GIV dune dashboard, showing stats related to GIV holders, liquidity, GIVpower staking, and more.
• OP Migration: Migrated out GIVbacks program to distribute most rewards on OP Mainnet, and launched a Gnosis < > OP Mainnet bridge for GIV.
• Base & Polygon zkEVM integration: Added Base & Polygon zkEVM as supported networks for donations on Giveth.

Upcoming Goals

The following is a list of new products, partnerships, and features that we have already begun building or are researching. 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!

In Progress

In Q3, we hope to continue running QF rounds on Giveth, creating a bigger impact for the public goods projects raising funds on our platform. In addition, we are actively working on the following improvements to our dApp and making steady progress:

Project Attestations: We are adapting Devouch and scoping out its use within Giveth to decentralize our project verification system. q/acc: Combining quadratic funding with augmented bonding curves, in a new accelerator program that helps projects launch regenerative microeconomies. Stellar Integration: Adding support for donations made to projects on Stellar, supporting projects & donors from this new ecosystem. QF Estimated Matching: Improving our QF estimating matching calculations to make use of the COCM algorithm. Ambassador Program Wave 3: focused on onboarding nonprofits and social impact organizations to the platform, as well as potential donors, & help to grow the community organically.

In the Pipeline & Under Research

• GIVbacks V2: With a growing need to evolve our GIVbacks program, we are scoping out and developing a “raffle” style approach to distributing donor rewards.
• Scale our Quadratic Funding team & processes to enable consecutive rounds and move towards scaling QF to run multiple QF rounds simultaneously.
• Integrate other L1s and L2s to allow projects more options for fundraising.
• Scope out a “cart” checkout feature to enable bulk transaction donating on Giveth.

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!

###CollabTech Threshold Experiment

Regarding this amazing experiment by RnDAO, our team decided that we want to incorporate Gitcoin into DeVouch for the next round. Giveth will cover a lot of the costs of this integration, but anything beyond $500 USD worth of crypto ("our threshold") would significantly support us to get it done.

Learn More

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