Giveth is a donation platform built on Ethereum, rewarding and empowering those who give to projects, to society, and to the world. We are building a business model that provides value in the nonprofit sector and public goods. We were founded in 2016 and have a core team consisting of ~20 with 50+ regular Giveth contributors, including many well-known names in the space.
Our organization has incredible access to experts in the space. There are very few DAO experts with higher regard than our founder Griff Green, and because of our long history and connections to rescuing TheDAO, Parity Multisig, and various other at-risk funds in Ethereum, we have a wide network of smart contract experts and general web3 experts across all disciplines.
Below is a quick run-through of the major pieces of our ecosystem:
GIV - A transferable ERC-20 token that lies at the heart of the future of giving (native to Mainnet).
GIVbacks - The entry point to the GIVeconomy. Donors to verified public goods projects get GIV tokens in return. This flips the script on tax deductible donation, creating a decentralized and borderless way of incentivizing donations. Learn more about GIVbacks.
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.
We would like to add our donation application Giveth to Zcash so that every project on Giveth can raise funds with Zcash and bring the major GIVeconomy features (GIVbacks, GIVpower staking and governance) to the Zcash community.
That would mean each project will have a transparent Zcash address to receive donations to.
In order for the user to receive GIVbacks for their donation, the user must also have an Ethereum wallet (e.g. Metamask) since GIVbacks are paid to the donor’s Ethereum address.
How the scenario looks for the user:
ZEC holder chooses to donate with Zcash
They have the option of receiving GIVbacks or not
If they opt for GIVbacks, they must sign in with Ethereum
A QR code pops up alongside the text of the ZEC wallet address of the nonprofit
The ZEC holder sends funds to that address
We watch the wallet address for a set amount of time to calculate the GIVbacks for the ZEC holder
Note 1: Only donations associated with a user with Ethereum wallet address will be listed on our donation page
Note 2: If the user prefers to donate without connecting their Ethereum wallet, they will receive a ZEC address to send their donation to (we don’t track this kind of donation in our backend and won’t list them in the frontend).
Areas of Focus
- Onboarding projects and donors to Zcash for the long term
Giveth can bring hundreds of already verified public goods projects to the Zcash network.
We can enable projects on Giveth to raise funds on Zcash, and any donations to verified projects on Zcash would receive up to 80% of their donation back in GIV streamed over time through our GIVbacks program.
We would also like to incentivize verified projects to onboard Zcash by giving the first 500 verified projects that onboard 1 ZEC. This would take 500 ZEC, where 100% would be given to reputable projects making the world a better place.
Giveth enables anyone working to produce public goods to raise funds with crypto, hopefully soon that will also be with funds on Zcash!
These public goods tools are just the beginning. Giveth hopes to help projects evolve past donations and sacrifice. Public goods are not just a feel-good, heartwarming act of kindness; they are a [$35 trillion USD global industry, and in our estimation, the most overlooked web3 opportunity. We have the chance to favorably disrupt this sector with web3 tooling, and Giveth is positioned to lead the way. Check out this awesome video from Devcon where Griff describes this opportunity at length.
- Marketing and building awareness
We have a talented comms team who is managing and coordinating initiatives ranging from Twitter with +11k followers, blogs, podcasts and other channels. With this joint partnership we would engage in the following types of marketing:
- Digital & social media partner promotion (Twitter and wherever else applicable)
- Newsletter and/or email campaign announcing Zcash as a partner
- Engagement (Retweets, likes and quotes) to Giveth’s posts announcing Zcash partnership
- Announcement on Giveth and Zcash Discord (community Discord channel)
- Announcement on Zcash Telegram channel (if applicable)
- Partner listing, Zcash presence on Giveth website and vice versa
- Events organization (do a partnership) - Giveth is an active participant in multiple web3 events across the world, and we’d be eager to plan or organize joint events with our partners to raise awareness in donating to public goods and impact projects in the space
We’d like to ask for $35K USD for the development work for this project plus 500 ZEC to incentivize projects to onboard on Zcash.
Transparency and measurement
We will measure the success of this project by the number of projects onboarded on Zcash and by the creation of a new use case for ZEC, donations, which will be measured and presented during our weekly DAO calls as well as on our dashboards.
So far we have more than 1,800 projects registered on Giveth, over 14,500 donations with + 4,200 unique donors who are actively contributing on our platform.