EarthFund Launches “DAO-as-a-Service” to Simplify Funding for World-Changing Causes
2022.06.15 16:41
EarthFund Launches “DAO-as-a-Service” to Simplify Funding for World-Changing Causes
- EarthFund has officially announced that it is launching on June 15, 2022.
- The team aims to solve issues that have disillusioned people from donating to worthwhile causes.
- “We think crypto has an unparalleled opportunity to be a massive force for good,” says Founder Adam Boalt.
EarthFund has announced its official launch date — June 15, 2022. EarthFund is a decentralized platform that allows anyone to set up DAOs to fund causes.
The EarthFund team claims that users can avail EarthFund’s intuitive UI to set up their funding DAO for a cause they care about, attract funds, and offer token holders a real say in the project and the incentive needed to turn the dream into reality.
The EarthFund toolkit is made for all three classes of participants in DAO initiatives. For founders, it offers an intuitive, plug-and-play platform that allows launching an ERC-20 token and DAO with gasless governance. For users, the platform brings rewards for using their voice and voting to advance the cause they committed to. For donors, EarthFund offers a place to donate crypto for people dedicated to vetting projects and making sure the money makes as large of an impact as possible.
The launch brings pilot initiatives by Deepak Chopra, who will focus on raising funds for mental health projects around the world, and Dr. Lucy Tweed, who will launch the Carbon Removal cause to support community-led carbon removal projects.
Describing the efforts, Deepak Chopra was quoted as saying:
We’re seeing a shift in the crypto space from a focus on short-term profits to using it to build a better future for everybody. That’s why we partnered with EarthFund to launch our NeverAlone token and democratize and decentralize the way that projects focused on tackling the mental health crisis get the funding they need to make a difference. By launching causes like ours, the EarthFund platform won’t just change the crypto space, but make the whole world a better, happier place.
EarthFund states that they aim to solve a number of issues that have disillusioned people from donating to worthwhile causes. Chief among them is the accountability of funds.
Adam Boalt, co-founder of EarthFund, believes that crypto has an unparalleled opportunity to be a massive force for good, but it hasn’t been fully adopted yet, mainly because of usability.
He further added: “So far, crypto native folks have spent their energy on often frivolous causes, such as trying to buy a piece of paper or a virtual monkey profile picture, but with EarthFund, we’re focused on making crypto accessible so everyone can harness its potential and help truly world-changing causes to get the funding they deserve.”
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