In a world where the fate of groundbreaking ideas often lies in the hands of powerful governments, charities, or billionaire-backed projects, EarthFund aims to disrupt the status quo. Using sophisticated blockchain technology, EarthFund is pioneering a decentralized platform that empowers global communities to fund transformative initiatives and support causes they deeply care about. Governed by the EarthFund DAO, every decision—from operational strategies to project selection—is made by the community, ensuring a democratically driven approach to shaping our collective future. Join us as we explore how EarthFund is redistributing power and fostering global collaboration for a better world.
The Vision Behind EarthFund
Right now, the fate and funding of potentially world-changing ideas are decided by governments, charities, or billionaires’ vanity projects. EarthFund seeks to decentralize that power and give our global community a real say in the shape of the future. By leveraging blockchain technology, EarthFund is building new ways for our global community to fund game-changing ideas, support causes they care about, and have a voice in our collective future.
EarthFund is built on the idea of taking the power, influence, and treasury of billionaire-run foundations and giving it to a global community of committed individuals to use to change the world. Everything we do is governed and decided by the EarthFund DAO (or the communities within the DAO), a decentralized governing body that has complete control over everything from what causes we support to how we operate.
Tokenomics and Market Data
Coin Statistics
- Current Price: $0.0037
- Market Cap: $268,908.19
- 24h Price Change: -3.47%
- 7d Price Change: -0.56%
- 30d Price Change: 126.62%
- 24h High: $0.0043
- 24h Low: $0.0037
- All-Time High: $0.4603 (2021-11-24)
- All-Time Low: $0.0008 (2022-11-21)
- Circulating Supply: 72,754,338.00
- Total Supply: 1,000,000,000.00
Purpose and Utility of the EarthFund Token
What Problem Does the EarthFund Token Aim to Solve?
The EarthFund crypto token, 1Earth, is designed to serve as a utility token within the EarthFund Decentralized Autonomous Organization (DAO). The primary purpose of this token is to provide users with a voice in the decision-making process and enable them to participate in the governance of the EarthFund platform.
EarthFund aims to create a completely autonomous and democratic platform where people can collaborate to address global issues and make a positive impact on the world. The token serves as the primary governance instrument within the DAO, allowing users to stake their tokens and participate in decision-making processes.
How Does the Token Function Within Its Ecosystem?
The 1Earth token serves as the primary governance instrument within the DAO, enabling users to participate in decision-making processes and influence the direction of the platform. Users can stake their 1Earth tokens to participate in governance, propose new initiatives, and vote on proposals submitted by others.
The token also provides value to users by giving them a voice in the EarthFund community. By holding and using 1Earth tokens, users can engage in discussions, propose ideas, and collaborate with others to create positive change in the world.
In addition to its governance functions, 1Earth tokens can be used to access various services and features within the EarthFund ecosystem, such as participating in community initiatives, supporting projects, and accessing exclusive content or events.
Unique Features and Benefits
The EarthFund crypto token, 1Earth, offers several unique features that set it apart from other tokens:
- Decentralization and Democracy: The EarthFund Token is based on a decentralized system, ensuring that no single entity has control over the platform. This democratic structure allows for a more inclusive and equitable decision-making process.
- Simplicity: The EarthFund platform manages the complexities of the blockchain, making it easy for anyone to participate in the creation and management of autonomous communities dedicated to positive change.
- Transparency: Blockchain technology ensures that all transactions and decisions are recorded in a transparent manner, fostering trust and accountability within the EarthFund community.
Tokenomics and Distribution Model
Total Token Supply and Distribution
The EarthFund crypto token, known as 1Earth, has a total token supply of 1 billion tokens at launch, with no additional tokens to be created or minted. The circulating supply is the number of tokens openly circulating in the crypto market, currently standing at 72,754,338 tokens.
Distribution Model
The token distribution model for EarthFund includes both paid and free-of-charge models:
- Paid Models: EarthFund has conducted a seed round, which accounts for 6% of the total token supply, with 7.5% of the seed tokens unlocked at the token generation event (TGE) and a 1-year lockup period.
- Free of Charge Models: EarthFund has allocated tokens for the founders, team, and advisors through token transfer and incentive schemes. Additionally, they have conducted token airdrops as a method of promoting the project and achieving a network effect. The airdrops are public campaigns for the free distribution of tokens from the community pool, where active members of the Web3 community are offered rewards in the form of tokens for completing tasks related to the project.
Vesting Periods, Lock-ups, and Release Schedules
- Vesting Schedule: The guide does not provide specific details on vesting schedules for EarthFund's token distribution.
- Platform and Cause Fees: Every EarthFund grant sent to a project is subject to a 5% fee, which goes to the EarthFund treasury. Each cause has the autonomy to decide its own fee percentage, which will be distributed out to the members of their community that vote and participate in the community.
- Projects Submitted for Funding: Projects are charged a KYC and review fee, which is distributed straight back to the community and the third-party KYC provider.
Mechanisms to Control Inflation
To control inflation, EarthFund uses a vesting schedule, which ensures long-term commitment from the team and advisors by defining when and how allocated tokens become available for sale, often after a 'cliff' period, followed by gradual release. Additionally, the EarthFund fee is fixed at 5% and goes to the EarthFund treasury to improve and grow the EarthFund platform, which can be seen as a form of token burning as the tokens are removed from circulation.
The Team Behind EarthFund
Core Team Members and Their Qualifications
The EarthFund crypto token is backed by a team of dedicated individuals committed to using blockchain technology to empower the global community and support game-changing ideas. While specific details about the team's backgrounds and expertise are not provided in the search results, we can gather some information from the available sources.
The EarthFund team is responsible for the development and management of the EarthFund DAO, a decentralized governing body that controls the project's direction and decision-making processes. The team's primary focus is
