EarthFund update 10/24
Getting closer and closer to a full platform launch 🚀
Get the inside scoop on another huge step towards launching a fully automated launchpad for DAOs that make a difference.
👋 We’re EarthFund, the decentralized platform using blockchain, DAOs, and crypto to revolutionize the giving economy and give you more of a voice in the shape of tomorrow.
This is post #17 in our new weekly update on everything that happens behind the scenes at EarthFund’s (distributed) HQ.
Happy Monday, Earthlings đź‘‹
It’s going to be a slightly shorter update today, but for good reason: we’re all head-down on getting the platform ready to go fully live in mid-November.
The testing is going well, last week’s beta DAO was a huge success and got more media coverage for the platform, 1Earth is having a bit of a reversal, we’ve had conversations with some more high-profile organizations about joining the platform, we’re building out a new website that really sells the product and what we’ve built, updating the handbook with the new functionality…
In short, we’re building some real momentum.
And with 3K DAOs on the waitlist, more calls with investors on the horizon, more hard work getting the platform working perfectly and getting our ducks in a row for a marketing push once the platform is live, we’re all really excited about the months ahead.
End-to-end testing is going well đź’Ş
As we mentioned last week, our first end-to-end test caught a few bugs and friction points in the UI that we fixed quickly.
And last week was no different: more back-end fixes and UX/UI tweaks for an even smoother, easier experience of launching and managing a DAO.
Here are a few things we tweaked and fixed last week:
🌍 Automatically adding all newly minted tokens to the Gnosis multi-sig wallet (before, this was a manual step)
🌍 Added helpful microcopy to the no-code landing page to help DAO founders make sure they’re appealing to users
🌍 Created cleaner, easier UI for setting DAO rewards
🌍 Created a more intuitive way to set your EarthFund and ENS domains
🌍 Fixed a blockchain bug that could have prevented Snapshots from auto-creating
🌍 Creating functionality to validate DAO names and prevent duplicates
🌍 Fixing a Firefox and Safari bug that threw the user back to the start of the process when they signed a transaction with their wallet.
This is why we’re testing thoroughly: to catch as many bugs and points of friction as possible so that the product that lands in mid-November can generate as much buzz and momentum as possible.
(We don’t want to be in a No Man’s Sky or Cyberpunk situation where all momentum is completely lost and a lot of bad sentiment occurs because the execution doesn’t live up to the promise. Then, by the time hotfixes and patches are live, you have to start from zero again.)
Two DAOs on the EarthFund platform hit fundraising goals 🙌
Both Deepak Chopra’s NeverAlone DAO and Megan Pormer’s Female Empowerment DAO hit fundraising goals last week.
🚀 The NeverAlone DAO hit its fundraising target of $30,000 plus $2100 in community rewards to help treat veterans with PTSD
🚀 The Female Empowerment DAO hit its fundraising target of $3380 to send women to a healing seminar
This is huge.
Even in beta, the EarthFund platform has raised over $135,000 in crypto donations to help projects that tackle some of the biggest global problems of today: climate change, mental health, and inequality.
And when the platform goes live, anybody around the world will be able to launch a DAO and raise money to help tackle the issues closest to their hearts. 🙌
Post-launch, we’ll be switching to monthly Medium updates
Once the platform is live, we’ll be getting to work on rolling out new features and functionality for Phase 2 (like NFT memberships, allowing users to import pre-minted tokens, multi-chain donations, etc…).
We’ll also be switching our focus from Build to Grow.
As such, we’ll be ramping up marketing efforts, doubling down on outreach and business development, adding new revenue streams, etc…
At this stage in a company’s growth cycle, the goals get bigger and things take a little longer, so it makes sense to give you substantial updates every month rather than granular updates every week.
(Don’t worry though, we’ll still be around on our usual channels if you have any questions.)
How can you help? Help us spread the word
- Leave a positive comment on KuCoin’s new comment functionality (something genuine rather than hype-y would be even better)
- Follow us on Twitter and give our posts a like/retweet → this would be huge for us. Our Twitter profile is key to spreading the word beyond crypto and into the kind of spaces where future DAO members (and maybe even founders) hang out.
- Join our Telegram community (if you’re not a member already)
- Talk about EarthFund in EarthFund-adjacent spaces (maybe mental health communities or carbon/climate change communities on Twitter)
- Tweet about EarthFund or interact with us on social media (got to feed those social media algorithms!)
- Ask us questions — we’re always available to answer questions in Telegram. (And if our community team doesn’t have the answers, we’ll get them for you.)
- Leave a positive comment and bullish rating on CoinMarketCap
- Like 1Earth on CoinGecko
Until next week, a massive thanks for being part of this journey with us!
Let’s build a better tomorrow, together.
New to EarthFund? Here’s everything you need to know 👇
Start a world-changing DAO with its own token.
Join a community of like-minded people.
Donate crypto to change the world.
All from one place.
EarthFund takes the power of centralized organizations like governments and global charities and gives it to communities dedicated to causes.
It allows everyday people like you to affect change. And using crypto and the blockchain, it lets you have a voice in decisions and fund the causes you believe in.
Powering it all is the 1Earth token, an ERC-20 token that can be staked in exchange for governance tokens that give you a voice on the platform.
By buying the token and joining the EarthFund DAO, anybody in the world will have a vote on how the EarthFund treasury is used to fund planet-saving projects around the world.
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