EARTHFUND PLATFORM UPDATE | AUGUST 2023
Why we’re bullish on AI + decentralized fundraising communities
Plus an update on our progress towards our September launch date 🚀
👋 We’re EarthFund, the decentralized platform using blockchain, decentralization, AI, and crypto to revolutionize the giving economy and give you more of a voice in the shape of tomorrow.
This is our August 2023 update on the progress our product and development team are making on the launch of EarthFund 2.0 in September.
Happy August, Earthlings 🌍
If you’ve been following our Medium updates for the last few months, you’ll know that we’re making significant progress on the next evolution of the EarthFund platform.
In fact, we’re preparing to launch between September 7 and October 1.
Here’s a look at our internal timelines for tech deliverables for August:
Week commencing 08/08:
- Backend logging of all activity in the communities (for notifications, display on the homepage, etc…)
- Backend categorization of communities (so you can search and filter communities by climate change or mental health or green tech, etc…)
Week commencing 08/23
- Implementing geolocation restrictions
Why are we doing this?
Whether we like it or not, some national governments are going to place restrictions on cryptocurrency. (Just like Binance’s restriction on Russia last year.)
We want EarthFund to be a platform for good that is trusted not just by the Web3 community, but the world at large.
In order to do that, we need to build fail-safe mechanisms that allow us (and our communities) to react quickly to changing legislation or global events.
That’s why we’re incorporating geo-restrictions into our platform so that users can always stay compliant with local regulations, whatever they may be.
Week commencing 08/30
- Complete build-out of Discord infrastructure (automatically creating channels, token checks, KYC, etc…)
- Start donation token swap functionality (donate $X, get X tokens, etc…)
We’re getting very close to a testable, fully functional product now! 🙌
We’ll give you a specific launch date with marketing plans as we get closer, but we want to bake in time for QA-ing the platform, testing and making sure it’s 100% ready to launch philanthropic communities.
Missed our last update with more detail on the new features? Check it 👇
EarthFund 2.0 is so much more than a community launchpad 🚀
After 2.0 goes live, EarthFund won’t just be a place to launch a fundraising community, it’ll be an entire, living-and-breathing ecosystem of like-minded people working together to create a better tomorrow.
You’ll be able to join multiple communities, like their progress, follow and interact with fellow world-changers, join waitlists… a lot like a social network dedicated to change.
You’ll also be able to upvote communities that you think are worthy of attention and promotion on the EarthFund website and social media. That way, even if you can’t join a community, you can still boost their visibility and help them achieve their goals. (Think of it a bit like Product Hunt for philanthropy.)
We’ve also simplified the tokenomics of the communities. Now, the tokens are no longer tools for speculation, but pure governance tokens that give you a real voice in how you donations are used.
This is another huge step towards achieving our original vision of EarthFund. We never wanted communities to be full of people participating for the rewards. We wanted to reward people for really making a change. That’s why we’ve switched to a donate-to-join model that gives you a governance token for every $1 you donate to the community.
And, of course, we’re using AI to radically simplify launching decentralized giving communities.
That means that now, you’ll never have to:
- Search copyright-free images to use
- Struggle to write compelling content to entice members
- Think of catchy, attention-grabbing names for your community
- Design (or hire a designer to create) a token icon
- Figure out how many tokens to mint and what price to launch at
- Search high and low for projects to fund
- Find ways to promote your community
Instead, EarthFund’s built-in AI will be there to help you figure everything out, every step of the way.
You’ll be able to go from idea to community to launch in 5 minutes.
Plus, you’ll still benefit from all of the game-changing backend technology we built for EarthFund 1.0.
EarthFund 2.0 isn’t a complete overhaul of all the work we did to automate the creation of decentralized giving communities. It’s a new layer on top of all of the robust, game-changing tech we built in the first year.
That means that — as well as all the AI-powered support for launching a community — you still benefit from a system that automatically sets you up with:
- A community with Snapshot
- Your own ERC-20 token with its own smart contract
- Your own smart contract that automatically processes grants, votes and rewards
- Your own ENS domain and EarthFund domain
- A Safe (formerly Gnosis) multi-sig wallet
- A Coinshift treasury management
- Customizable tokenomics to reward your members
- Smooth onboarding for community members and co-founders
- KYC processes to grow a community safe from scammers
- Token limits to prevent whales from influencing votes and claiming all the rewards
- An automatic rewards process that rewards users in USDT
- A listing on the EarthFund ecosystem and discovery page alongside communities from Deepak Chopra and Megan Pormer
- Promotion from EarthFund on X (formerly Twitter) (with lots of blue-tick followers, like Mark Cuban and Ashton Kutcher) and in our press coverage
- Your own private Discord channel on the EarthFund server that’s reserved for your token holders and community members
- Your own no-code decentralized community homepage
- A quick and easy way to list your token on CoinMarketCap and Etherscan
- A quick and easy way to add team members as multi-sig signatories
TLDR: We’re incredibly bullish on EarthFund 2.0 🔥
This week, Arthur Hayes, co-founder of BitMEX, released an article in which he said that he believes AI-driven decentralized communities will revolutionize the global economy and propel Ethereum to new heights.
A lot of Haye’s musings focus on AI-powered communities working entirely autonomously and distributing profits to token holders which, while very interesting, doesn’t entirely apply to EarthFund.
(It’s still a fantastic read though, check it out.)
However, the core ideas in the article…
- That decentralized communities are the future
- That the AI-powered economy will be in the trillions of dollars within the decade
- That AI can do a lot of the heavy lifting and grunt work for decentralized community members and reduce the workload it takes to see a reward
- That decentralized communities can act faster than traditional organizations
… ring true for EarthFund too.
The difference for us is that we’re using AI to supercharge the world-changing potential of decentralized communities.
EarthFund has always wanted to give everyone a voice in the way we change the world, and AI now allows us to lower the barrier to entry even more.
Not great at marketing or writing? EarthFund will help you craft a kick-ass landing page that explains the problem you’re trying to tackle in clear, compelling language. Need a hand naming your community? It can help with that too.
Confused by tokenomics? EarthFund will help you create tokenomics that aren’t just fair, but help you achieve your fundraising total. (For example, suggesting you mint 5,000,000 at $1 each to donate $100,000 to 50 projects.) We’ll give you token name suggestions too.
Not a graphic designer? EarthFund will generate high-quality AI images for your community. We’ll design you a token too. Don’t like them? Give us new prompts, regenerate them, or upload your own. You’re always in control.
Struggling to find a project to fund? Ask EarthFund to find a project and AI will find a verified project that lines up with your community’s goals to propose to your fellow world-changers.
In every way, our AI integration enhances the experience without taking away any of your autonomy. You’re still free to propose projects, write your own content, design your own tokens…
But if you can’t do those things, they’re no longer a barrier to changing the world.
Phase 1 was about making it easy to launch a decentralized fundraising community from a technical perspective. Phase 2 is all about making it easy from a front-end and organizational perspective.
You bring your ideas.
You bring your vision of a better tomorrow.
And EarthFund will be here to help you make that vision a reality.
We can’t wait to get EarthFund 2.0 live! 🚀
Watch this space!
Help us spread the word
- Make some noise about our AI update on social media! 🔥
- Leave a positive comment on KuCoin’s new comment functionality
- Follow us on X and give our posts a like/retweet → this would be huge for us. Our X profile is key to spreading the word beyond crypto and into the kind of spaces where future community 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 community 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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