Round 71 GIVbacks and $nice Distribution

The GIVbacks team has an important announcement!

Beginning with the next distribution (Round 72), any donations under $5 USD value will be excluded from GIVbacks rewards. Please see this forum post for more details.

This change is being implemented to encourage more impactful donations to projects and to reduce the resources needed to review donation data.


Now… back to our regularly scheduled programming :point_down:

:giv: Here is the finalized list for the GIVbacks Round 71 distribution. This round’s distribution is affected by GIVpower ranking. I have included the average GIVfactor for each individual donor.

:nice: You will find the information for this round’s $nice token distribution at the bottom.


This forum post will remain in the forum for 48 hours (2 business days) for review and feedback before going up for voting in the nrGIV DAO.

Round 71 Dates: September 3rd 10am - September 17th 9:59:59 am Costa Rica Time (10am CST in local time (your timezone))
GIV value at the end of the round: 0.005608627909 USD
GIV Available 500000

:giv: GIVbacks Distribution on Gnosis Chain

:giv: GIVbacks Distribution on Optimism Network

:giv: GIVbacks Distribution on Polygon zkEVM Network

:nice: $nice Distribution

Excluded Donations

The following donations were found to be in violation of the GIVbacks policy.
Keep in mind that donations made from addresses owned by verified projects are not eligible for GIVbacks.

Please be aware that these donations will not receive GIVbacks and that any GIVbacks eligible projects which are found to be recirculating donations stand to lose their badge.

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Have you heard about the GIVbacks V2 experiment?

Starting with this round (71), we began experimenting with a new way of rewarding donors on Giveth. Each eligible donation that is made gives you a chance to win up to 250,000 GIV!

Join us for our biweekly X Spaces, where we announce the winners, share stories, and connect with our amazing community. To learn more about this experiment with GIVbacks, check out this blog post or join in the conversation on our forum.

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I deleted the previous message because I was reviewing it wrong. :joy:

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Can you help me understand the way in which these prizes are distributed, if it is on par with a round or will there be another forum for that?

Sure!

During the experimentation rounds (71-73), we have set aside 50% of the regular GIVbacks rewards pool to be used for raffle rewards. The other 50% is still being distributed in the regular fashion as you see here in this post. At the end of each of these rounds, we randomly choose 5 winners and announce them during a live X Space. The number of raffle entries that each person receives is based on the amount donated and the GIVpower rank of the project donated to.

You can read more about it in this blog post:

Let me know if you still have questions and I can help to clarify things.
Once we have completed the experiment, we will be publishing a summary and review of how everything went and have an advice process to decide whether we will fully switch to the raffle model or if we will need to find another solution to our issues with scaling GIVbacks in its original form.

You can also see the conversation in the forum around why we are conducting this experiment in the first place: GIVbacks V2 - Scaling the way we reward public goods donors

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ROUND 71 votes are up! :rocket:

Another round of rewards for those who give to projects, to society and to the world is up for signaling. If you hold voting tokens, please flex your Governator skills and be a part of making Giveth’s vision a reality!

These votes will only be up for 24 hours.

:giv: GIVbacks on Gnosis - Aragon

:giv: GIVbacks on Optimism - Aragon

:nice: $nice - Aragon
Aragon

The votes have passed and ROUND 71 GIVbacks have been distributed on Gnosis and Optimism! :rocket:

:giv: Claim GIVbacks! - GIVbacks: Get rewarded for donating to public goods
:givpower: Claim POAP! - GIVbacks Round 71
*donations must equal at least 10$ to be eligible for the POAP

:nice: If you donated DAI, WXDAI, XDAI, USDGLO or USDC to the Giveth Community of Makers this round, we will be sending your $nice tokens directly to your wallet.

Thank you so much for being a part of the Future of Giving with us!

Hey, I think I did not qualify for GIVbacks because I donated on Arbitrum. But when I was learning about qualifying assets arbitrum was actually on the list.