Decentralizing Project Verification

Hey, big fan of this initiative. It feels like the next logical step towards decentralization. As long as guideposts are put into place, and can be flexible for updates as Giveth learns more from the process, this is a great initiative.

Speaking from the lens of the owner of verified project Upe (an IRL community organization), one of our next objectives is onboarding other impact organizations in Guanacaste, Costa Rica. Since May, we have been deepening relationships with over a dozen local community organizations to determine who are the collaborators who show up and execute, who has the capacity to learn and manage crypto funds, and which of their projects would be a good fit for Giveth. It made me think about the workload we’d be putting on your existing verifiers if all of our projects showed up at once.

Decentralizing the verification process in theory should help alleviate bottlenecks as the platform continues to grow.

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