EarthFund launches DAO platform to boost decentralized funding for global causes

Funding for a worthy cause may now be easy for regular individuals and companies across the world, thanks to decentralized funding platform EarthFund’s DAO-as-Service product.

Set to launch on June 15, 2022, the platform will make it possible for people to create funding DAOs similar to ConstitutionDAO or UkraineDAO, two projects unveiled for real-world causes – albeit in different circumstances.

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It’s an opportunity for the crypto community to engage in more meaningful causes, said Adam Boalt, co-founder of EarthFund.

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, 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.”

Using the product, projects will be able to tap into more accountability, transparency and blockchain’s decentralization.

The platform’s launch will see pilot projects by Deepak Chopra (a ‘NeverAlone token for mental health initiatives) and Dr. Lucy Tweed (Carbon Removal).

Commenting on the launch, Chopra said:

By launching causes like ours, the EarthFund platform won’t just change the crypto space, but make the whole world a better, happier place.”

DAOs going mainstream

With EarthFund’s suite of tools, the global community will find setting up the infrastructure needed to launch a successful DAO a lot easier. As it stands, this has been a huge problem for the not-so-tech savvy, with mastery of the Solidity programming language key.

The new service offers users, donors and founders a way to create and benefit from the DAOs. Founders will have access to a plug-and-play product with which they can easily create and deploy ERC-20 tokens, and a DAO with zero-gas governance.

Users and donors will have a chance to vote or donate to projects with the best community impact, EarthFund said in a press release on Tuesday.