We are creating a game, a marketplace, a DAO, and an ERC-20 token.
This crowd fund is for the GiveVinny DAO and ERC-20 token $GIVI.
The information about “The game” or “marketplace” or “The Viniverse”, is purely to add an example for use cases of the $GIVI token. These are being developed whether the crowdfund is successful or not.
The DAO consists of two funds. The Community Fund and The Charity Fund.
The GiveVinny DAO will utilize $GIVI tokens for its Charity Fund and Community Fund.
The GiveVinny DAO will automatically transfer a percentage of its Charity Fund to the list of chosen charities on the 1st of each month forever.
The plan is to begin with 100,000,000 $GIVI to be distributed per this crowdfund’s explanation.
The GiveVinny crowdfund has a hard-cap of 12 ETH.
Backers can send ETH to the crowdfund in exchange for $FUNDGIVI tokens.
If the funding target is hit, GiveVinny will hire a talented Solidity developer(s) from the Ethereum community to implement the fully open-source smart contracts for the GiveVinny DAO and $GIVI ERC-20 token.
The final code will be deployed on mainnet.
Backers of the GiveVinny DAO will have a grace period to exchange their crowdfund token $FUNDGIVI for the new $GIVI token.
$GIVI tokens can be traded like any ERC-20 token, or redeemed for underlying ETH.
The codebase will be posted on Mirror as permanent, public data and mirrored on GitHub.
Participants in the crowdfund will be embedded in the code base forever as the supporters who made it possible.
The Charity Fund automatically donates a percentage of its total $GIVI to 4 charities on the 1st of every month. If the charity does not have an Ethereum address for funds to be directly sent, we will publicly help them set one up. The first Charity List to donate to are:
Every year on June 1st, the $GIVI holders can vote to change the charities that are on DAO’s Charity List.
Every year on January 1st, the GiveVinny DAO mints itself 10,000,000 $GIVI, split evenly into the Charity and Community funds.
Vinrata feels strongly about trying to end the abuse and trauma cycle that is happening in so many homes across the world. Donating to mental health and therapy related charities is our best way to accomplish this. The Joyful Heart Foundation and NAMI both have proved worthy of making the first charity list. As human beings, we all deserve the right to be healed.
Vinrata has been aware of Charity Water since 2014, they are building wells and helping so many people get access to clean water. As humans, we all deserve access to clean water.
The Rainforest Trust Organization is focused on preserving tropical land and species. The first three charities on the list are to help humans, this fourth charity helps the Earth and her beautiful wildlife.
We are in contact with each of these organizations about receiving an Ethereum address to add to the DAO’s starting charity list.
We are also in contact with more than just these organizations. We would like a wide variety of charities with verified Ethereum wallets for the community to vote on in June.
Similar to how the $ENS community can vote for changes within the DAO, we want the $GIVI holders to also have voting power.
The $GIVI community can vote for members of the community to represent them.
The $GIVI community can vote to replace a charity on the Charity List with a new one.
A percentage of the community fund could be voted to start a YouTube initiative to promote the coin and community. Celebrities like @MrBeast could be sent a percentage of the community fund to make fun and entertaining videos while also spreading awareness about the GiveVinny DAO. We specifically like @MrBeast as an example because his videos are entertaining, and he has raised millions of dollars for planting trees and cleaning the seas.
50% will be retained by the GiveVinnyDAO to start the Community Fund and Charity Fund.
20% will go to the developer(s).
30% will be distributed to crowdfund backers.
Once $GIVI and the GiveVinny DAO are deployed on mainnet, backers can claim their appropriate amount of $GIVI based on their funding amount.
(The crowdfund shows 70% is retained by Vinrata, that is the 50% + 20% for the DAO and developers respectively.)
One of the biggest strengths of the blockchain is it allows for complete transparency.
Charity donors have the right to see how their money is utilized by an organization.
We have these amazing new tokens like $ENS and $LOOKS. They have utility and reward their communities. We wish to do the same, while donating to charities.
Vinrata originally got the idea for a “charity-coin” because of his frustration with online video games World of Warcraft and Runescape.
Every online multiplayer video game either has micro-transactions, or players can trade real world money for in-game items. Usually “Real-World-Trading” is against the game rules, but that doesn’t stop users from doing it.
Whether we would like to admit it or not, players that have more real world resources have an advantage in online games. Players can buy in-game currency or items. Players can even pay other people to play on their in-game character while they are sleeping or working.
There really is no way to avoid this. So we must work with it.
If some players are inevitably going to use their real world resources to their advantage, the currency used can at least donate to charity.
Vinrata quickly realized that this charity-coin could be applied to any marketplace, not just a singular video game. With the power of Ethereum, any shop, game, website, physical store, or app can be connected to the charity-coin.
We hope to create a trend among web3 games and marketplaces. The more dapps that accept $GIVI the more the DAO will help charities.
There is space for a coin that empowers holders and is hard coded to automatically donate to charities.
We hope to create a trend among web3 games and marketplaces.
The more dapps that accept $GIVI the more the DAO will help charities.
We believe that through games, marketplaces, celebrities etc accepting a charity coin like $GIVI, the world will be positively impacted.
Staking $GIVI is an investment and a perpetual donation.
Watching how LooksRare implemented $LOOKS with staking and rewards has inspired us.
Staking $GIVI earns you rewards, while empowering the GiveVinny DAO.
A video game could implement a negligible $GIVI tax on certain digital assets or activities if the user is using a non-premium account.
A marketplace could offer users a discounted price for digital assets if the user pays with $GIVI.
A celebrity that feels strongly about The GiveVinny DAO’s mission can offer a discounted price for their products and services if the user pays with $GIVI.
A new NFT mint may offer presale if users pay with $GIVI.
Accepting $GIVI as a form of payment on your next entrepreneur venture.
All of these different use cases create demand for $GIVI and give strength to the $GIVI community and to charities.
This crowdfund is for the GiveVinny DAO and the $GIVI token, but some information about the game is shared here.
We hope to give strength to $GIVI by accepting it for transactions in our game and marketplace.
The founder, Vinrata has played retro games his entire life and is passionate about creating a game. He loves the concepts of MMORPG’s like World of Warcraft and Runescape. Single player games he likes are Animal Crossing, Pokémon, and Oblivion.
Video games are growing every year. As a 27 year old lifelong gamer, currently in 2022, there are hardly any fun video games.
There needs to be a game that can easily be played daily, and feels rewarding to a variety of users.
Players need to be able to experience both casual and competitive gameplay.
Players need customizable rooms, furniture, clothes, among many other things.
Players need to be able to buy, sell, and trade their unique items.
Players need to be able to discover new recipes and inventions, and get rewarded for it.
Players need to be able to meet new friends and share social experiences together.
Players need to play in a living, breathing world, full of NPC’s carrying out their daily tasks.
Players need to have a rewarding experience on their mobile devices while standing in line for coffee doing small activities that take less than a minute.
Players need to have rewarding experiences at home on their desktops doing solo and group activities that range from 5 to 45 minutes in length.
Follow along with my other blog posts here on Mirror.xyz for more details about the game!
The lore about $GIVI or “The GV Coin'' is connected to The Viniverse. In the story’s universe, there is an actual moon-sized coin floating in space. The coin is of mysterious origins and it cannot be damaged or manipulated. The characters in The Viniverse are still uncovering the mysteries of the GV Coin. Besides being a moon-sized coin floating in space, the other notable phenomenon that has been witnessed is the coin “materializing smaller coins and shooting them deep into space.” They assume the coin is “rewarding or paying” beings across the universe. For what these rewards are for, is still a mystery.
To connect this back to the real life $GIVI ERC-20 token, one way users receive rewards is by staking.
There is more hidden lore yet to be discovered.