Hello everyone! Thank you all for your thoughtful comments. We’re going to be moving forward VERY SOON → 
on a first version of Decentralized Verification.
This first version is simpler and allows us to quickly test the waters on how Decentralized Verification will work in practice and get people playing with DeVouch
What does the first version of Decentralized Verification look like?
Here’s the main points of how project verification will change momentarily, as a first iteration:
- There will be only 1 type of Giveth Verifier, instead of 3
- 1 vouch from a Verifier = 1 point
- There will be two separate statuses of projects: “Vouched” and GIVbacks Eligible (like Verification levels 1 & 2)
- Projects need 3 points to become “Vouched”, letting them get boosted with GIVpower
- Vouched Projects do not yield GIVbacks to their donors
- To become GIVbacks eligible, projects must still apply through the current project verification form and be approved by the core verification team
- GIVbacks eligible projects also have access to GIVpower
- Project pages on Giveth now have a link to their corresponding page on DeVouch. Vouching happens on the DeVouch website, for now.
We’re looking at launching the first version of this within the next 7 days. Projects that are currently Verified will automatically become GIVbacks Eligible, no action required from project owners.
Giveth Verifiers can vouch for Giveth projects RIGHT NOW and projects will gain those points once we launch the first version of Decentralized Verification.
This will provide a new opportunity for projects that are not yet verified and might not normally pass our project verification standards to still gain some benefits from the Giveth platform if they appear to be legitimate and valuable.
Stay tuned to more news via both the Giveth and DeVouch twitter accounts.