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


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

Viola's New Hub For Fun
Foundation: Idaho Community Foundation

It took six years, but kids in Viola, Idaho, now have a place to play. The Moscow-Pullman Daily News reports on the recently completed playground at the Viola Community Center, a large, red...more

City Renews Talks To Fund Louisville Community Grocery
Foundation: Community Foundation of Louisville

A group of advocates in Louisville, Ky., has been selected to move forward with a plan to build a community grocery store, the Courier-Journal reports. The Louisville Alliance for Community...more

How To Donate To Victims Of The Highland Park Mass Shooting

The victims of the mass shooting at an Illinois Fourth of July parade are being helped in their time of need. The Highland Park Community Foundation has set up a fund to help victims and their...more

Palm Beach County Arts Organizations Look To Broaden Cultural Reach

"We are competing with beaches and palm trees," says Sofia Vollmer Maduro, the director of programs at the Society of the Four Arts in Palm Beach, Fla., after a "Shark Tank-like" event where cultural...more

The HUB For Community Innovation Is Filling The Gaps In Augusta

"This community has done something really amazing with these two buildings, and what we have in front of us is how we make these buildings come to life," Shell Berry, president of the Community...more

How Cities Are Creating The Conditions For Urban Innovation

Technology was not top of the agenda for European digitalisation leaders gathered in Barcelona. Instead, a focus was on laying the right foundations for cross-city innovation. BIT Habitat is a...more

Lincolnite Club Inc. Receives Grant From BBCF Community Awards
Foundation: Black Belt Community Foundation

During the most recent awards event hosted by the Black Belt Community Foundation on June 11, a total of 69 different community organizations were given financial assistance. The Lincolnite Club Inc....more

Groups Serving LGBTQ Oregonians Get A Boost From Foundation Grants
Foundation: Oregon Community Foundation

"These attacks are happening on our youth, here in Oregon and in local districts. And we're seeing the fight at the school board level. And now it's made it to the governor's race." So says Margot...more

Greene County Community Foundation Offers Help And Hope Now And For The Next 150 Years
Foundation: Greene County Community Foundation

Jefferson, Iowa, is celebrating its 150th anniversary this year, and the town's Bell Tower Festival, which runs from Friday to Sunday, is a big part of it. The Mahanay Bell Tower and the Festival...more

South Carolina Organizations Invited To Apply For Grants From A Community Thrives Program

864Pride is a clinical nonprofit that provides medical and mental health care to the LGBTQ+ community in South Carolina. The Center for Fathers and Families is a nonprofit that aims to break the...more






Russell James, a famed fashion photographer, started Nomad Two Worlds (N2W), an idea that stemmed from Russell’s Australian roots where he witnessed the culture clash between the Indigenous and non-Indigenous people in Australia.




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