GIVV
Empowering Worldwide Giving
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TRANSFORMING THE VAST POTENTIAL VALUE OF BLOCKCHAIN HOSTING INTO FOLLOWERS MONETIZATION
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The Givv Network is a platform built on community support for real-world ‘causes’, a group of beneficiaries which includes charities, NGOs, social movements, disaster relief efforts and independent creators of all types.
Supporters donate their idle computing resources via the Givv PC application, a secure sandbox container that can host any dApp, miner, or worker for any blockchain out there.
Aggregating the unused processing capacity of millions of PCs will allow us to build a platform for blockchain and dApps hosting that is reliable, environment friendly, and socially responsible.
Supporters donate their idle computing resources via the Givv PC application, a secure sandbox container that can host any dApp, miner, or worker for any blockchain out there.
Aggregating the unused processing capacity of millions of PCs will allow us to build a platform for blockchain and dApps hosting that is reliable, environment friendly, and socially responsible.
GIVs are used to buy computing resources over the Givv network. GIV financial transactions are
executed over the Ethereum platform through a set of smart contracts. GIV implements the ERC20.
executed over the Ethereum platform through a set of smart contracts. GIV implements the ERC20.
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The Problems
The main challenges in developing a stable and widely distributed computing infrastructure revolve
around connecting the suppliers and the consumers, defined as follows:
● Nodes as suppliers of computing resources
● Consumers who use dApps
It follows that for a viable distributed computing platform to exist, the following main challenges must be
addressed:
● Finding a way to incentivize individuals to contribute their PCs as nodes participating in
distributed computing tasks, while addressing security concerns;
● Generating sufficient demand for computing resources; and
● Creating a robust dApp hosting platform, through which consumers of distributed computing
will be able to access the nodes participating in the platform.
The main challenges in developing a stable and widely distributed computing infrastructure revolve
around connecting the suppliers and the consumers, defined as follows:
● Nodes as suppliers of computing resources
● Consumers who use dApps
It follows that for a viable distributed computing platform to exist, the following main challenges must be
addressed:
● Finding a way to incentivize individuals to contribute their PCs as nodes participating in
distributed computing tasks, while addressing security concerns;
● Generating sufficient demand for computing resources; and
● Creating a robust dApp hosting platform, through which consumers of distributed computing
will be able to access the nodes participating in the platform.
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The Solution
It has become a fact of modern life that a single PC can generate micro-earnings by utilizing
blockchain technology. In its basic form, one can simply mine one of the main cryptocurrencies,
generating a fraction of a dollar per day on a modern PC (e.g. ETH mining at 10MH/sec for few hours a day).
Yet this is still only attractive for serious miners, data centers, and computing farms, as the revenues generated from a single GPU or CPU are negligible.
In fact, micro-earnings generated by a single PC are so small that most people would not be inclined to make the effort of collecting them, preferring to donate them to an individual or a cause they care about, knowing that their small contribution, together with the contributions of others, would add up to an amount that would make a real difference.
The Givv platform will be available to a practically infinite range of charities and creators who would reach out to their supporters and ask them to contribute the computing resources of their PCs to the causes that they care about. Givv will be the equivalent of Seti@home and Folding@home, only 100,000 times bigger!
This will both provide a compelling motive for the general public to make their PCs available to the platform, and serve as an efficient distribution channel for the Givv network. Without direct reach to a critical mass of motivated individuals, the economics of acquiring nodes simply would not work. Charities and digital creators would have a strong incentive to reach out to their supporters, asking them to contribute the processing power of their idle PCs, as for them it means recurring direct support and money in the bank.
The Solution
It has become a fact of modern life that a single PC can generate micro-earnings by utilizing
blockchain technology. In its basic form, one can simply mine one of the main cryptocurrencies,
generating a fraction of a dollar per day on a modern PC (e.g. ETH mining at 10MH/sec for few hours a day).
Yet this is still only attractive for serious miners, data centers, and computing farms, as the revenues generated from a single GPU or CPU are negligible.
In fact, micro-earnings generated by a single PC are so small that most people would not be inclined to make the effort of collecting them, preferring to donate them to an individual or a cause they care about, knowing that their small contribution, together with the contributions of others, would add up to an amount that would make a real difference.
The Givv platform will be available to a practically infinite range of charities and creators who would reach out to their supporters and ask them to contribute the computing resources of their PCs to the causes that they care about. Givv will be the equivalent of Seti@home and Folding@home, only 100,000 times bigger!
This will both provide a compelling motive for the general public to make their PCs available to the platform, and serve as an efficient distribution channel for the Givv network. Without direct reach to a critical mass of motivated individuals, the economics of acquiring nodes simply would not work. Charities and digital creators would have a strong incentive to reach out to their supporters, asking them to contribute the processing power of their idle PCs, as for them it means recurring direct support and money in the bank.
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Roadmap
1st Quarter 2019
● Givv Community: Causes can add content and communicate with Givvers
● Enabling of temporary Causes for major events e.g. natural disasters, fundraising drives, cryptotelethons,
etc.
2nd Quarter 2019
● Givv Nodes support contributing Storage beta version
● Givv Nodes support contributing Connectivity beta version
3rd Quarter
● Givv distributed Pool beta
● Givv Toolset for DApp packaging to enable developers to package dApp into a Givv container
4th Quarter
● Givv Hive™ 2.0 (connectivity, storage, distributed pools)
● Givv Container 2.0 (connectivity, storage, distributed pools)
● Givv Community: Causes can add content and communicate with Givvers
● Enabling of temporary Causes for major events e.g. natural disasters, fundraising drives, cryptotelethons,
etc.
2nd Quarter 2019
● Givv Nodes support contributing Storage beta version
● Givv Nodes support contributing Connectivity beta version
3rd Quarter
● Givv distributed Pool beta
● Givv Toolset for DApp packaging to enable developers to package dApp into a Givv container
4th Quarter
● Givv Hive™ 2.0 (connectivity, storage, distributed pools)
● Givv Container 2.0 (connectivity, storage, distributed pools)
GIVV’s total supply is 300M tokens. The ICO hard cap is $50M, and the soft cap $10M
.Website |Whitepaper-Coming Soon | Facebook | Twitter | Reddit | Telegram chat | Telegram ANN | Medium | Youtube
