Giveth Unveils New Quadratic Funding Round on Celo Network: The GIV-Earth Round
As a leader in the Regenerative Finance (ReFi) ecosystem, Celo provides an ideal background for Giveth's QF rounds, with its vibrant community of Regens and builders in general.
Giveth, the pioneering Web3 donation platform, is setting the stage for its latest Quadratic Funding (QF) round, continuing its mission to support the public goods ecosystem continuously. At Giveth, donations are peer-to-peer, the platform simplifies giving, and donors are rewarded with up to 60% of their donations.
This innovative approach is now taking a significant leap forward, announcing an upcoming $25,000 quadratic funding round running on Celo.
What is Quadratic Funding?
Quadratic Funding is the most mathematically fair way to allocate resources among competing projects based on community support. By allowing individuals to contribute small or large amounts, each donation acts as a vote, amplifying the impact based on the breadth of community backing rather than the depth of pockets. This method ensures that the projects receiving funds are those with the widest appeal and impact potential, democratizing funding in true Web3 fashion.
ReFi <> Public Goods
While Giveth is one of the leading platforms supporting public goods in Web3, Celo stands out with its commitment to addressing real-world problems like inequality and environmental sustainability, aligning with the United Nations Social Development Goals.
As a leader in the Regenerative Finance (ReFi) ecosystem, Celo provides an ideal background for Giveth's QF rounds, with its vibrant community of Regens and builders in general.
The GIV-Earth Round: A Call to Action
The upcoming GIV-Earth round, starting mid-june 2024 and running for two weeks, is dedicated to projects that address critical environmental and social issues—be it climate solutions, circular economy, microloans, renewable energy, recycling, water cleanup, or permaculture, etc.
With a matching pool of over $25,000, this round offers substantial financial support and a chance to amplify your project’s visibility and impact.
How to Participate?
Participation is straightforward: your project must be a verified public good on Giveth with a Celo address and align with the environmental focus of the GIV-Earth round. Interested projects can apply through the dedicated Giveth application form.
Remember, acceptance is on a first-come, first-served basis (for projects that meet the eligibility criteria), so early application is crucial.
For more details, visit the GIV-Earth Round Guide
Engage and Grow in the Celo Ecosystem
We at CeLatam will ensure that Latam builders have a special place to showcase their impact and coordinate. Participants in this QF round can connect with like-minded projects and stakeholders within the Celo ecosystem, fostering collaboration and innovation.
But ensure you’re following Giveth Twitter so you don’t lose chances to shill your project!
This is an exciting opportunity for builders to expand their reach, learn from others, and contribute to a global movement of regenerative finance.
Stay tuned for more updates, and prepare to make a difference with Giveth and Celo!
