Decentralized DAO, EarthFund Launches To Promote Simple & Democratized Funding for World-Changing Causes

Launched today, EarthFund, a decentralized not-for-profit platform, aims to allow anyone to use blockchain technology to raise funds for causes that can promote good around the world. Blockchain technology and cryptocurrencies have a massive opportunity to better the world and become a massive force for good, but till now the technology has been used for short-term gains with very little impact being felt by those that need it. According to EarthFund co-founder, Adam Boalt, the technology “hasn’t been fully adopted yet mainly because of usability”, and that is what his company is trying to change. “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,” Boalt further shared. “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.” In the past, blockchain projects have favoured decentralized autonomous organizations (DAOs) as a transparent channel to raise donations, track them, and ensure every cent reaches those in need. Since the stories of ConstitutionDAO and UkraineDAO, the concept of creating DAOs to fund real-world causes has become mainstream. Despite showcasing the power of token incentives and crypto as a force of doing good, many of these charitable DAOs have ultimately proven not that impactful. Notwithst...