Overview

Giveth is an open-source, radically transparent, user-friendly donation platform that supports verified public goods projects to raise crypto with zero added fees and no intermediaries. We build and advance novel fundraising mechanisms like quadratic funding, donor rewards, and decentralized project curation. ## Giveth supports P2P donations on Optimism and Base. Giveth has been live on Optimism since 2023, enabling projects to accept Optimism donations (approx. $330k USD raised on OP Mainnet as of June 5, 2024). Donations on Giveth are truly P2P without even contracts in the middle, so the donations we facilitate in the platform can't be included in our metrics in this application. Through our GIVbacks program, we reward donors to verified projects with GIV on Optimism, having distributed 6.64 million GIV on OP Mainnet (from launch to June 11, 2024). As an additional onboarding effort for high-trust community members, we have been offering 25 OP to each project on Giveth who passes our verification system requirements, and adds an Optimism recipient address (296 projects onboarded so far). To enhance these onboarding efforts, we have been running quadratic funding rounds that require verified projects to add an Optimism address, with matching pools on Optimism so far totaling approximately $83,000. ## 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 on OP Mainnet. This flips the script on tax-deductible donation, creating a decentralized and borderless way of incentivizing donations. * GIVpower - Users can lock their GIV tokens on OP Mainnet to earn a yield and get GIVpower. People can use GIVpower 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 3,400 projects have raised $2.8m from 58,600+ donations from over 16,600 donor addresses on Giveth. To understand how deep our link with the Optimism ecosystem is, if we consider only Optimism numbers, we have 799 projects, 4012 donors, 17,500+ donations, and $329k+. Projects that 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. 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. So far in 2024, we have made HUGE progress, running four quadratic funding rounds supporting donations on Optimism with the following results: Total in matching pools: $107,563 Individual donations: $65,500 Projects participating: 249 Unique donors: 1914 Donations: 1433 Giving Season Round (December 19, 2023 - January 2, 2024) https://forum.giveth.io/t/qf-giving-season-round-results-december-19-2023-january-2-2024/1305 MetaPool APAC Round (February 19-29, 2024) https://forum.giveth.io/t/meta-pool-apac-qf-round-results-feb-19-29-2024/1358 ENS Builders Round (March 25-April 8, 2024) https://forum.giveth.io/t/ens-builders-qf-round-march-25-april-8-2024/1410 Galactic Giving Round (May 2-16, 2024) https://forum.giveth.io/t/galactic-giving-round-results-may-2-16-2024/1445 We also launched loads of features including a custom donation widget, a project curation program, and streaming donations. We sincerely thank the Optimistic community for allowing us to participate and build in such a fantastic ecosystem.