Giveth
Crypto Overview
Purpose and Utility
Giveth is a blockchain-based platform designed to facilitate charitable giving and create a decentralized philanthropic ecosystem. The GIV token serves multiple purposes within the Giveth ecosystem: governance rights for protocol decisions, rewards for donors and project creators, and incentivizing community participation.
Platform Analysis
The platform operates on Ethereum and Gnosis Chain, allowing users to create charitable projects, donate cryptocurrency, and earn rewards through their GIVeconomy system. The platform maintains transparency through on-chain transactions and open-source code.
Current Usage
Giveth is actively used for charitable donations and community-driven philanthropy. The platform has processed numerous donations and hosts various charitable projects. The GIVeconomy includes staking mechanisms and governance participation, all aligned with charitable purposes.
Token Distribution
The GIV token has a transparent distribution model with allocations for community rewards, development, and ecosystem growth. A significant portion is dedicated to donor rewards and community initiatives rather than concentrated in founder holdings.
Development Activity
The project maintains active development with regular updates to their platform and documentation. The team consistently works on improving the donation platform and expanding their charitable ecosystem.
Crypto Impact
To assign a comfort level investing in Giveth from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Giveth.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.