EarthFund Introduces DAO-as-a-Service Platform To Address Key Social Issues
New protocol allows crypto enthusiasts to seamlessly create decentralized autonomous entities (DAOs) for social impact
As Decentralized Autonomous Entities (DAOs) become an increasingly popular form of social and economic activity, a new platform is launched to boost critical initiatives with this web3 concept.
EarthFund’s DAO-as-a-Service platform launches June 15
According to the official announcement shared by the representatives of EarthFund platform, the turnkey solution for creating DAO will go live on June 15, 2022.
— EarthFund (@EarthFund_io) June 13, 2022
EarthFund’s DAO-as-a-Service platform allows anyone to set up their own DAOs, even without specific skills in blockchain development and cryptocurrency economics.
A custom-made DAO can be easily launched through an intuitive user interface. EarthFund’s DAO Launch Pad creates a secure technical platform for interaction between donors, founders, and DAO participants.
New Age icon Deepak Chopra coordinates EarthFund’s mental health initiatives. He emphasizes that the platform advocates a long-term approach:
We are seeing a shift in the crypto world from a focus on short-term gains to using it to build a better future for everyone. That’s why we partnered with EarthFund to launch our NeverAlone token and democratize and decentralize the way projects aimed at tackling the mental health crisis get the funding they need to make a difference. By launching causes like ours, the EarthFund platform will not only change the crypto space, but make the whole world a better, happier place.
Decentralization for more transparency in fundraising
Adam Boalt, co-founder of EarthFund, is excited about the blockchain concept as a perfect infrastructure for start-ups focused on social impact:
We think crypto has an unparalleled opportunity to be a huge force for good, but it hasn’t been fully adopted yet, mainly because of its usability. Until now, crypto indigenous people have spent their energies on often frivolous causes, such as trying to buy a piece of paper or a virtual monkey profile picture, but with EarthFund we focus on making crypto accessible so that everyone can use it. unlock their potential and help truly world-changing causes get the funding they deserve.
EarthFund’s platform allows the DAO founders to issue ERC-20 tokens, while DAO participants can vote on crucial referendums on the progress of the protocol.
Donors can also track the money they invest in DAOs to ensure their donations have the greatest possible impact.
Overall, using EarthFund’s DAO-as-a-Service tools will significantly reduce the “administrative costs” of environmental and wellness initiatives worldwide.