Litepaper
Version 1.0
DISCLAIMER
Give is a for-profit company that exists to help non-profit companies succeed, and to offer to donors who wish to use their cryptocurrencies in their charitable giving a smooth system by which to achieve their philanthropic goals. GIVE Rewards are not available for purchase from The Give Blockchain (“Give”). GIVE is a digital reward earned in exchange for charitable actions on the Give platform. GIVE rewards are designed for charitable gifts given on the blockchain to have utility on the Give platform for purchases of gives products and services. GIVE rewards is not an investment product and may never have any value outside of the Give platform. Give Node owners should not expect to recognize any value from GIVE other than its utility with Give. Give does not anticipate GIVE rewards value correlating with Gives business activities.
This Litepaper may contain forward-looking statements that involve substantial risks and uncertainties. Forward-looking statements discuss plans, strategies, prospects, and expectations concerning the business, operations, markets, risks, and other similar matters. There may be events in the future that we cannot accurately predict or control. Any forward-looking statement contained herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We do not plan to update or revise publicly any forward-looking statements except as may be required by law.
INTRODUCTION
Give believes we can be an agent for change by creating the most dynamic and efficient model for fundraising by using the blockchain in an unprecedented way. Give was created with a very specific purpose: we have designed a trusted platform where rewards are earned while enabling people to participate in one of our greatest human joys — giving.
The future will demand transparency. The Give platform delivers ease of use and accuracy while allowing you to see that your financial gifts are being used in ways that will have the greatest impact. We do this by using a decentralized blockchain to ensure that donations are received and distributed in a way that allows donors to know where their funding has been spent. Being on the blockchain makes certain that accountability is achieved. Give serves to create trust and maximize efficiency in the giving model. We believe that Give is the future of a powerful movement that informs the donor of what is being accomplished with the added benefit of receiving rewards. Give is the greatest Web3 platform for non-profits that empowers people to purposefully change the lives of others.
PROBLEMS
Problems for Nonprofits
- Ability to provide accountability and Transparency: Pressure to Show Results and Strategic Solutions
- Accepting Crypto Donations
- Nonprofit Management: Communicating tax deductibles and providing resources for their donors, Funds Distribution, Feedback
- High Pressure due to Understaffed
- Funding: Stable Income and Accurate Budgeting, Donor cultivation, acquisition, retention, communications
Problems for Donors
- Lack of Trust: Seeing where their money is going, Seeing the impact made or follow up on execution
- Ability to easily donate in Crypto
- Lack of Crypto Knowledge
- Finding Nonprofits all in one place
- Finding Organizations that match their values and desired impact
- Fees
- Loss of purpose: Lack of motivation towards impactful giving, People don’t know how to help, Compassion Fatigue
SOLUTIONS
Solutions for Nonprofits
- Deliver trust
- Easily accept Crypto Donations
- Task Automation: Providing tools to manage your organization
- A new way to incentivize nonprofit’s staff
- Community-powered fundraising
Solutions for Donors
- Donation Transparency
- Easily and securely donate in Crypto
- Education
- Nonprofit Marketplace
- No Fees
- Providing Purpose
PRODUCTS & SERVICES
Products & Services for Nonprofits
- Metrics
- Donation Management
- Crypto Courses
- Impact Tracking
- Crypto On and Off Ramp
- Fundraising Tools
- Automated Tax Receipts
- Feedback Tools
Products & Services for Donors
- Nonprofit Marketplace
- Crypto Wallet
- Impact Tracking
- Tax Deductions
- Crypto Courses
- Blockchain Access and Benefits
- Live Chat
- Events and Trips
- Feedback Tools
BLOCKCHAIN
Layer 1: Ethereum Blockchain
Give’s ecosystem is Ethereum, a public blockchain that enables the creation of smart contracts and the ERC- 20 GIVE Token.
Layer 2: Give Blockchain
Give Blockchain operates on the Ethereum blockchain and uses the Proof of Authority consensus mechanism. This layer is governed by the Node network DGF based on a charter voted on by Node Owners.
- The Give Blockchain will distribute GIVE digital rewards to node owners at low cost, and high speeds.
Layer 3: Give Ledger
The Give Ledger consults with the licensed software nodes that secure and validate transactions on the Give Blockchain. Actions of the nodes lead to points, which then lead to the Give Blockchain distribution of digital rewards. The accounting on the ledger is verified by the nodes and added to the Give Blockchain.
Layer 4: Give App
The Give App and dashboard are what allow you to interact with all of the layers listed above. They include a non- custodial wallet for managing digital blockchain assets, useful information about nodes and rewards, and tools for accountability and transparency.
NODES
Give Node Software licenses allow users the opportunity to confirm transactions and vote on the Give Blockchain.
Smart Node
- 100,000 max supply
- Access to confirm transactions on the Give Blockchain
- 1 vote
- Starting price at $2,000 with a price increase as more are sold
Lite Node
- 25,000,000 max supply
- Access to confirm transactions on the Give Blockchain
- Set price of $25
DIGITAL REWARDS
The purpose of digital rewards from the blockchain is to incentivize charitable and service actions for the Give blockchain.
Incentives
- Purchasing Give charitable Nodes
- Replace one-time giving with steady lifetime giving
- Purchase charitable NFTs
- Points and benefits