Coinshift is a leading treasury management Ethereum-based platform based in India. It offers DAOs and crypto enterprises to manage cash reserves and general financing. Today, Coinshift announced its partnership with Earthfund, a crypto-native crowdfunding platform, to manage its DAO’s treasuries.
Coinshift Joins Earthfund’s Mission
On 20th July, Earthfund announced its global carbon removal efforts to change the world by combating climate change. Thus, it formed decentralized autonomous organizations (DAOs), focused on world-changing issues and aimed at turning the cause into reality by supporting communities to “reclaim sovereignty of their land by funding nature-based carbon removal projects that put local livelihoods and environmental justice front and center.”
Through this partnership with Earthfund, Coinshift will manage the DAOs treasuries and secure them for all projects included in Earthfund’s carbon removal mission. In addition, every philanthropic community on the platform will use Coinshift V2 technology to manage their treasury, fund projects and payout DAO members that make the world a better place.
Tarun Gupta, CEO of Coinshift, said, “Web3 has the potential to deliver value and empowerment that benefits everyone more equally, and we’ve always believed in the transformative power of DAOs. By supporting DAOs dedicated to bettering the world, EarthFund is furthering that initiative. Coinshift’s intuitive V2 platform is designed to provide DAOs with simple, transparent and secure treasury monitoring and management services, enabling these ecosystems to focus on what truly matters and scale effectively. The philanthropic communities on EarthFund are dedicated to making the world a better place and we’re proud to play a role in helping these decentralized communities fund projects that can truly change the world.”
Earthfund Steps Up Its Philanthropic Efforts
EarthFund is a DAO-as-a-service platform, creating a smooth road for philanthropic causes to build decentralized communities without technical knowledge. It introduces participants to Web 3.0 in DAO initiatives, providing charitable causes access to a new sector of funding and support to heighten their impact on the world. In simple words, Earthfund allows worldwide communities to find world-changing initiatives and receive crypto donations. It also offers to cast votes on which carbon offset initiatives in different countries should be supported financially.
The main goal is to create a community that is welcoming and approachable. It should be united where individuals can join together to support sustainable community-led carbon removal programs and bring about genuine change. Adam Boalt, the co-founder of EarthFund, said, “As well as creating a platform that helps people make the world a better place, one of EarthFund’s core missions is to make crypto accessible and simple by placing a premium on user experience and usability. That’s something we immediately had in common with Coinshift, so we couldn’t be happier about this partnership. Every cause that launches on our platform is going to have clear, simple and intuitive treasury management thanks to Coinshift’s game-changing V2.”
Conclusion
EarthFund intends to fund a vast range of climate change mitigation efforts. These include repairing ecosystems, preserving carbon-rich habitats, regenerative agriculture, and testing innovative ways to remove carbon from the atmosphere. Additionally, every initiative will prioritize the local community’s needs first, ensuring that climate action does not jeopardize local jobs. Earthfund is expanding its ecosystem and efforts while adding more causes.
The first initiative launched on EarthFund was the Mental Health and Wellbeing group founded by Deepak Chopra, The Chopra Foundation and NeverAlone. It has already accumulated a crypto treasury of over $2M from its NeverAlone token and crypto donations, which will be used to make the world a better place to live in. By implementing Coinshift’s V2, management, monitoring, and controlling that treasury is made easy and transparent.