Panvala is the donation matching fund for communities to share, and the Panvala League is the main way we share it. Last quarter, 29 communities shared Panvala’s treasury to match their donations at 7.57x on average, and eight more communities were admitted in February! Today, five more communities have been admitted to the League for the donation matching round that will distribute 1,266,700 PAN from this quarter’s inflation. Our quarterly fundraising drive ends March 25.
In addition, a fifth coalition has formed within the Panvala League. Panvala’s coalitions are like divisions in a sports league or departments in a university. Communities in a coalition work together to grow. They grow their own communities by adding more members, and they grow the coalition by adding similar communities. Each coalition shares an additional multisig wallet that is funded by the Panvala League with a 15% bonus on what the member communities have earned.
We believe that Panvala’s treasury gets stronger the more we share it. Today, there are 47 communities in the Panvala League, and we’re aiming for thousands. We want your community to join us! Apply to join as soon as possible, and your community will be considered for admission next quarter.
Welcome these five new communities to Panvala:
Gitcoin’s mission is to enable anyone to work on the open internet. We want to build a world in which everyone has the financial leverage to leave their job, and where it’s as easy to find work in software as it is for an Uber driver to find a ride today.
RaidGuild is the premier design and dev agency of the Web3 ecosystem. Our decentralized collective is deeply entrenched in the bleeding edge of DAOs, DeFi, dApps and everything else in between. Hailing from the MetaCartel network, our team consists of a diverse group of talent with over 9000 years of combined experience.
DAOhaus is a no-code platform for launching and running DAOs. Is it owned and operated by the community itself. Our mission is to foster a diverse, open economy of transparent collaboration.
Blockchain Education Network (BEN)
The Blockchain Education Network (BEN) is a seven-year-old 501©3 nonprofit network of blockchain clubs, students, professors, and alumni around the world. BEN provides free educational resources, conference tickets, travel scholarships, jobs and internship opportunities, and an online and offline community for all its members. BEN has had 2,350+ students go through its program across 1,000+ universities in 95+ countries.
DAOSquare originated from the most celebrated DAO community MetaCartel in the west and inspired by MetaCartel and MolochDAO. Since DAOSquare was founded on December 5th, 2019, it grew rapidly from a We-Media to the most influential DAO in China, or even in all Chinese-speaking areas. Different from other DAOs which focus on specific products or services, DAOSquare devotes itself to the construction of a global DAO.
Here are the five coalitions that have formed within the Panvala League, including the new Future of Work Coalition:
New: Future of Work Coalition (Leader: Yalor)
- Regenerative Commons Coalition (Leader: WhyldWanderer)
- Commons Stack
- Bloom Network
- Crypto Art Coalition (Leader: audsssy)
- Mol LeArt
- Women of Crypto Art
- Digital Identity Coalition (Leader: Petr Porobov)
- Handshake Development Fund
- future modern
- Women-Led Web3 Coalition * (Leader: Muskan Kalra)
- Meta Gamma Delta
- Women of Crypto Art
- * needs at least three members to qualify for the bonus coalition funding