How Givv is different than its competitors?

in givv •  last year  (edited)

Nobody does it quite like Givv. As a platform that gathers potentially millions of nodes and makes their collective computational power a service offered on the blockchain, Givv is entirely unique. But there is some competition in the field of harnessing the resources of the PCs already in existence.

Specifically, there are two types of competitors Givv faces:

  1. Monetary — Those who incentivize the public to mine/perform computational tasks so they can profit financially.

  2. Emotional — Those who incentivize the public to mine/perform computational tasks so they can give support.

Givv obviously falls into the second category, but projects with a monetary base can also be considered competition in vying for public attention and computational resources. Companies like Render, Golem, Sonm and Filecoin all want miners that essentially rent or sell off the resources that their personal devices have to offer.

While this concept does contribute to a more efficient use of existing computing power around the globe by creating marketplaces to buy and sell the extra oomph you might need for complex computations, they are limited by the motivation of money. Miners who want to make money can do so mining just about any cryptocurrency out there. Perhaps there are opportunities to make a little more through these services, but like a half-developed thought, they represent just one small step away from every other mining operation.

The Hope Page, Mine for Charity and Givv approach things a bit differently. We encourage the general population to make their computing power available in the name of worthy causes, taking those micro earnings that a typical PC can produce mining and giving them to charitable organizations or, in Givv’s case, anyone else you want to support.

In terms of motivation, this is a highly effective approach. Rather than offering users a potential business opportunity, members of the general public with no knowledge of blockchain whatsoever to use resources that would otherwise go to waste to support causes they care about with just a few clicks.

Givv also sets itself apart as a blockchain hosting network, meaning that in the long run, Givv could end up performing computational tasks for some of its competitors that need one. Givv is creating the world’s first blockchain hosting cloud and the biggest computing network ever created.

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