CanYa & Giveth – Official Partnership
Giveth – a favourite of the CanYa Team – are bringing community, transparency and accountability to charitable donations and strongly innovating in a much needed space.
Giveth is a platform founded by Griff Green that is backed by a driven and expanding team. Giveth looks to bring more legitimacy to charitable donations by using smart contracts and the Ethereum network to create accountability for charitable donations.
With a Giveth & CanYa partnership, users can donate directly to the people who work to make a difference. Using Giveth you can follow your donation all the way though it’s journey to see exactly where it’s going, to ensure they go to places you approve. Donations can even be dependent on milestones, using Giveth’s milestone payout structure.
Giveth’s vision is something the team at CanYa truly admires. With CanYa connecting consumers and providers with a 1% fee, it is only right to give people to option to pay it forward and Giveth is the perfect fit.
CanYa plans to fully integrate Giveth into the CanYa platform. This will allow both providers and customers the ability to directly contribute to a charitable campaign of their choosing, while knowing exactly how their donations are being used and the people using it. This will give an incentive for customers to choose providers that best suit their values and providers to contribute to charities as a marketing tool.
A provider could advertise that 5% of their bill goes to charity (or a user could choose to add 5% to their bill to donate to charity) transparently using Giveth.
In practice this feature will just look like another one of our payment options, meaning that users and service providers could select to be paid 50% in AUD, 30% in ETH, 15% in CAN token and have 5% donated to a chosen charity.
We believe this is a fantastic feature, as we want to put an incentive for users to pay it forward and it fits perfectly with the values of the CanYa team and wider CanYa Community.
CanYa Charity Pool
CanYa has also changed it’s Asset Contract so that 10% is allocated to the Charity Pool!
The CanYa Asset Contract escrows the CAN for disbursement to selected charities, of which Giveth is the first. This will mean our asset contract (Page 20 of CanYaCoin Whitepaper) now shows 30% of platform fees being sent to our rewards pool, 30% to CanYa and 30% of fees will be burnt forever.
This will ensure as user adoption increases Giveth will receive an increasing supply of CAN to help make the world a better place!
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