Description
Giveth is a community-centric platform that fosters a giving economy by supporting social, environmental, and humanistic projects through blockchain technology. It features a zero-fee donation platform and a GIVbacks program that rewards donors with GIV tokens. The GIVeconomy, central to Giveth's tokenomics, incentivizes giving and supports decentralized governance through mechanisms like GIVgarden and Quadratic Funding. Giveth’s governance model emphasizes decentralization and community participation, allowing stakeholders to influence the platform's direction. Superchain Eco also has a donation profile on Giveth: https://giveth.io/project/superchain-eco?apcid=00679387a5f1382c1a9cf500
Value Proposition
Giveth is a community-driven initiative that aims to build a culture and economy that rewards and empowers those who give. It is an open, non-hierarchical global initiative that supports social, environmental, and humanistic impact projects with modern technologies.The platform is building a self-sustaining giving economy that encourages and rewards altruistic intention. Giveth is governed by an ever-expanding community of developers, designers, philanthropists, decentralists, visionaries, engineers, writers, and blockchain enthusiasts. One of the unique features of Giveth is its zero-fee, community-driven donation platform, which leverages the power of blockchain technology to connect on-the-ground projects with regenerative funding opportunities. Giveth launched the GIVeconomy. This ecosystem will thrive with the GIV token. This system is designed to reward and empower every contributor, fostering a culture of giving that is both beneficial and engaging. A standout feature of this model is GIVbacks, a mechanism where donors can receive up to 80% of their donations' dollar value back in GIV tokens.
Governance
Giveth's governance model embodies the principles of decentralization and community engagement. At its core, it utilizes decentralized governance mechanisms, allowing stakeholders to have a say in the direction and development of the platform. This approach ensures that decision-making power is not centralized but distributed among those actively involved in the ecosystem. The GIVgarden plays a pivotal role in this governance structure, providing a platform for GIV token holders to propose and vote on key decisions, including utilizing the community treasury.
Tokenomics
Giveth's tokenomics, centered around the GIV token, are innovatively designed to change funding for public goods. The GIVeconomy introduces the GIVbacks program, rewarding donors with GIV for their contributions to verified projects, thus incentivizing charitable giving in a decentralized manner. GIVgarden empowers token holders to participate in governance decisions on the community treasury, while GIVpower enhances project visibility through a staking mechanism. Furthermore, Quadratic Funding magnifies the impact of donations, and GIVfi creatively generates yield on idle funds for DAO funding and GIV buybacks. Additionally, GURVES, featuring bonding curves collateralized by GIV, enables projects to evolve into DAOs with their own economies, transforming donors and volunteers into investors and stakeholders.
Previous Funding
Giveth has never conducted a traditional venture round or private sale. Instead, it has been supported by various innovative funding mechanisms. This includes receiving 40,000 OP in Growth Experiment Cycle 11, with only 16k received so far, and substantial support through RetroPGF, with 129,814.43 OP from RetroPGF 2. Giveth also received from Gitcoin Rounds which contributed to around $120,000 USD. These funding methods align with Giveth's ethos of decentralization and community-driven development.
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