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While the web3 dream may be to one day evolve past needing donations, right now over $500 BILLION is donated every year, in just the US. This is a huge market and web3 has only scratched the surface at addressing this market. Web3 can bring transparency and accountability to the donation space, it’s very nature can transcend borders and banks to bring direct cash injections to places in need. However, accessibility, off-ramping and many technical challenges are preventing many nonprofits and donors from entering the space. Several projects and protocols exist and can be built upon to help web3 better address the opportunity in this space. - Giveth - Gitcoin - The Giving Block - Radicle Drips - MolochV3 - And many more! This bounty will be awarded to the project that would be likely to have the greatest impact on bringing more donations on-chain.
Acceptance Criteria 🏁
Make donations great again!
Selling NFTs and simply donating the proceeds as many projects do, is not enough to qualify for this bounty, the winner will innovate in the web3 donation space.
Nice to have
Build on top of other protocols in the space.
Build upon a variety of coordination mechanisms
Reward Pool 💸
USDC 1500
The text was updated successfully, but these errors were encountered:
Description 📃
While the web3 dream may be to one day evolve past needing donations, right now over $500 BILLION is donated every year, in just the US. This is a huge market and web3 has only scratched the surface at addressing this market. Web3 can bring transparency and accountability to the donation space, it’s very nature can transcend borders and banks to bring direct cash injections to places in need. However, accessibility, off-ramping and many technical challenges are preventing many nonprofits and donors from entering the space. Several projects and protocols exist and can be built upon to help web3 better address the opportunity in this space. - Giveth - Gitcoin - The Giving Block - Radicle Drips - MolochV3 - And many more! This bounty will be awarded to the project that would be likely to have the greatest impact on bringing more donations on-chain.
Acceptance Criteria 🏁
Make donations great again!
Nice to have
Reward Pool 💸
USDC 1500
The text was updated successfully, but these errors were encountered: