The two players at the center of the Givv ecosystem are average home computer owners and the causes they want to support, including NGOs or temporary disaster relief funds. Their interactions with Givv are pretty straight-forward.
Computer owners install the Givv client to make their spare computing resources available to the global network infrastructure built by Givv. The small amount of GIV tokens generated by those resources add up to a lot when they are given to selected causes. GIV tokens can then, of course, be exchanged for fiat currency or other cryptocurrencies, providing creators, influencers, and others with a substantial new form of income.
Where Do All The Resources Go?
Givv aims to create an on-demand service for computational resources by creating the world’s largest network of idle PCs. But where does this spare computing power go?
Many entities — businesses, organizations, and others — are hungry for computing resources. Computing power is required to run complex technologies that in turn drive further innovation. More and more entities want to experiment with resource-heavy technologies such as facial recognition or sentiment analysis.
The common practice today is to purchase expensive infrastructure to run these complex machines. But it’s a costly process and not everyone can afford that kind of investment.
There is so much idle computing power in the world. What if it can be rerouted to those who need it through an on-demand, pay-as-you-go service to drive growth for the future? Well, that’s what Givv is doing. There’s no need to invest in massive new machines when all the required computer resources can be purchased through Givv using the GIV token.
People can also benefit from Givv just by trading in the GIV token like you might any other currency. People can add their GIV tokens to the arbitrage pool and profit by trading across exchanges.
As we can see, there are several ways to interact with Givv and the GIV token. Opportunities abound! So if you like the concept of Givv, see what category you best fall into and get involved!