Crowdfunding platform that gives anyone with access to a computer, the opportunity to support a fundraising campaign of their choice, regardless of financial circumstances. Traditionally, people wishing to donate to a charity or fundraising campaign would make monetary payments based on what they could afford to contribute financially, which rules out those without the financial means to donate. Thanks to the power of Blockchain technology, Give Bytes allows people with compassion to donate the excess power produced by their computer to ‘mine’ cryptocurrency (a digital currency that can be converted into funds) at the click of a button. Essentially, people can exchange the processing power of their computer for a monetary reward.

Main sectors: IT & Telecommunications; Platform Economies & Service Sharing

Main applications: Data Marketplace/Data monetization; Software-as-a-Service; Economic Development

Established in: 2018

URL: https://givebytes.com

Organisation: Give Bytes Ltd

Organisation type: Companies (non-profit) – Startup

Founders: Jacob Piotrowski, Founder & CEO 
Marcin Dominas, CTO

Partners: N/A

Country: United Kingdom 

City: London

Stage of project: Pilot

Geographical reach: International

DLT / Blockchain: Public – Monero

Other technologies: 

Whitepaper: https://givebytes.com/faqs

Github: N/A

Twitter: https://twitter.com/givebytes

This project is part of the #DLT4Good Scanning. ‘#DLT4Good: Co-creating a European Ecosystem of Distributed Ledger Technologies for Social and Public Good’ is a forward-looking science for policy project supported by the European Parliament, and coordinated by the Joint Research Centre (JRC) in cooperation with the Directorate-General for Communications Networks, Content & Technology (DG CONNECT). Learn more about #DLT4Good.