Blockchain in Aid & Philanthropy: State of affairs
At PositiveBlockchain on of the key things we do is spreading the word about all the innovative and inspiring projects coming up and working in the broad #blockchain4socialgood space. So in talks we give we presented some sector mapping slides of the projects that we see in the different categories like financial services, energy, supply chain.
Just the other day I ran into a slide we prepared in 2018 to present projects in the aid&philanthropy category (we talked about just “fundraising” these days). The selection on the slide might be a bit random at the time, although major players we saw then were there.
So I wondered: Which of the projects active in 2018 were still online and working these days, in 2020?
In 2018 we had 26 projects represented by their logos. After my research it turns out, 12 projects are still up and running, one project re-branded (Giftcoin to Promise), one changed the design (Pinkcoin).
So more than half of the projects we mentioned 2018 left the space.
Just to get the tone right here: Building applications based on blockchain (or Distributed Ledger Technology — DLT) is a highly innovative and dynamic field. We have to praise every team taking up a challenge and set up a project to tackle the challenges in the sector utilizing DLT for that! If it turns out — for whatever reason — that this will not fly, that adds to the overall experience and is essential to go forward.
My takeaways from this exercise:
- In 2018 many projects planed to launch as an ICO, many of them are not active anymore. Aidcoin and PinkCoin are exception.
- A lot of the projects do crowd-funding in various flavors, like Bitgive/GiveTrack, topl, Little Phil, GiveCrypto.org, HelperBit, Alice.si, Giveth, ComGo/StopCOVID.io
- Some projects focus on specific groups: GiveNation to inspire kids for donating for good causes, GiveCrypto.org on donations from crypto entrepreneurs.
- Most of the crowd-funding platforms attract relatively small funds, exception seems to be GiveCrypto.org
- While most of the start-ups seem to focus on consolidating their operations, innovation is sought in projects like Alice.si or Giveth, which currently start developing Giveth 2.0.
So as DLT definitely has a disruptive potential, projects currently still work very much within the traditional value chains, using the technology to make gradual improvements in transparency and efficiency. These approaches still have to make their way into the mainstream to generate a strong impact in the industry in general.
And obviously the projects mentioned are a snapshot only of the broad spectrum of projects active in the aid & philanthropy space. It is worth looking into PositiveBlockchain’s open-source database to get an idea!
Want to get more info on the projects mentioned?
At PositiveBlockchain.io you can browse a curated open-source database of hundreds of positive blockchain projects. These projects use distributed ledger technologies to generate positive social impact and solve some of our world’s burning problems.
More info on the projects mentioned above you can find here:
- https://positiveblockchain.io/database/aidcoin/
- https://positiveblockchain.io/database/alice-si/
- https://positiveblockchain.io/database/comgo/
- https://positiveblockchain.io/database/givecrypto/
- https://positiveblockchain.io/database/giveth/
- https://positiveblockchain.io/database/givetrack/
- https://positiveblockchain.io/database/give-nation/
- https://positiveblockchain.io/database/helperbit/
- https://positiveblockchain.io/database/little-phil/
- https://positiveblockchain.io/database/pinkcoin/
- https://positiveblockchain.io/database/promise/
- https://positiveblockchain.io/database/topl/
