How Web3 Could Democratize Donations


credit:

Decentralized autonomous organizations (DAO) and nonfungible token creators fundraise and contribute cryptocurrency to charity. DAOs are systems of token-powered self-governance. Successfully establishing a community foundation based on a DAO would make nonprofit administration, grant distribution, and even fundraising transparent. Tokenomics and governance should be as basic as feasible. People who make a significant contribution to the DAO's operations and objectives should get the token as compensation.

A limit on the total amount of tokens that will ever be in circulation will be imposed, and members will get rewards based on the size of the user base. Voting tokens may be used to reward certain forms of involvement among participants in the whole ecosystem. DAO members can also vote on the administration of the entire organization. Platform use fees might be utilized to: (1) recompense active ecosystem players; and award funds to charitable organizations. Read the Entire Article


Selected Grant News Headlines

A customized collection of grant news from foundations and the federal government from around the Web.

Plasticfri, Swedish Eco-Friendly Startup Wins S'Pore Biz Competition

When Max and Allen Low were kids, their parents would ask them to spend a few minutes picking up garbage. "This became a habit which continued into adulthood, and we still make time for that...more

Glacier Bank, Federal Home Loan Bank Award $190K to Montana Nonprofits
Foundation: Whitefish Community Foundation

"Through our collective efforts, we're not just providing financial support, but we're investing in Montana's vitality and resilience." That from Mike Smith, president of Glacier Bank, which...more

The Our Fund Foundation and Community Foundation of Broward'S 2024 Lgbtq+ Social ...
Foundation: Community Foundation of Broward

Ten nonprofit organizations in South Florida are getting a total of $300,000 in grants thanks to a new fund meant to fight discrimination in the LGBTQ community. The Our Fund Foundation and the...more

Senate Bill Encouraging Mental and Physical Health Education in Schools Works Its Way ...

"It's more than just food and water and shelter, we now know that as a society, we now know that as a society." That's what an Alaska school board member has to say about a bill that would...more

Challenges of Hinterland Tourism

If you're looking for a getaway from the city that never sleeps, India's Goa is the place for you. But if you're looking for a getaway from the city that never sleeps, Goa is the place for...more

During Nysc, I Sacrificed Pleasure, Became Stingy to Grow My Food Business

When Gladys Markus graduated from her accounting course at Nigeria's Plateau State University last year, she had one thing on her mind: Starting a food business. The then-22-year-old had been...more

Australian Entrepreneur Hailed for Cleaning Philippines' Trash-Strewn River €“ but Will It Last?

"People used to go swimming in it, and then how grateful [they] are for the work that we're doing in conjunction with the government and other organizations," Mike Smith tells This Week in...more

Penticton Prospera Branch Donates $5K to Local Breakfast Program for Kids

"A nutritious breakfast isn't just about filing empty stomachs; it's about nourishing young minds." That's what Vicki Cutler, a branch manager at Prospera Credit Union in British Columbia, had to...more

Devin Booker Starting 5 2023-24 Grant Recipients Announced

Devin Booker is making good on his promise to give $2.5 million to Arizona nonprofits over the next five years. The NBA player and the Phoenix Suns have announced the recipients of the 2023-24...more

Springboard to Stardom: The Bruce Montgomery Foundation for the Arts Announces ...

"Don't be afraid to be magnificent." That's the advice of the late Bruce Montgomery, who founded the Bruce Montgomery Foundation for the Arts in Philadelphia more than 50 years ago. Now, an...more






Social Entrepreneurship
Spotlight



A Bar That Saves Children’s Lives


Ryan Devlin, Todd Grinnell and Ravi Patel have traveled to Africa on a humanitarian trip a few years back, encountering children suffering from severe malnutrition get healthy through Plumpy’Nut®.



Federal Government Grant and Assistance Programs


Integrated Regional Water Plan for the Central Valley of California | ARRA Strategic Health IT Advanced Research Projects (SHARP) | Disabilities Prevention | Veterinary Medicine Loan Repayment Program | Healthy Urban Food Enterprise Development Center (HUFED) | Mortgage Insurance_Hospitals | Foreign Assistance to American Schools and Hospitals Abroad (ASHA) | PRIME Technical Assistance | | Site Style by YAML | Grants.gov | Grants | Grants News | Sitemap | Privacy Policy

Edited by: Michael Saunders

© 2008-2024 Copyright Michael Saunders