18th Jun 2024 Gemini 1.5 Pro
This episode focuses on guiding listeners through the process of donating to regenerative land projects during the Ma Earth Grants Round 1, powered by Gitcoin. The speaker provides a clear and concise walkthrough of the three key steps involved: setting up a crypto wallet, acquiring cryptocurrency, and making a donation.
The speaker begins by emphasizing the importance of having a crypto wallet to participate in the grants round. They recommend either Metamask (metamask.io) or Rabby (rabby.io) as reliable options. It's crucial to download these wallets from the official websites to avoid scams. The speaker also mentions the availability of helpful tutorials on maearth.com/grants for setting up these wallets.
"And make sure you're on the right website. Don't click any spammy looking links on emails or Twitter when you go to download these wallets. And we have tutorials on maearth.com/grants for getting set up on these wallets as well."
Next, the speaker explains the need for cryptocurrency to make donations. The Ma Earth Grants Round accepts three types of tokens: USDC (equivalent to US dollars), ETH (Ethereum tokens), and ARB (Arbitrum tokens). To acquire these tokens, individuals can use popular exchanges like Coinbase, Kraken, Binance, or Easy Crypto (particularly for those in Australia and New Zealand). The speaker also highlights the option of purchasing crypto directly through Metamask using a credit or debit card but cautions about potential transaction fees and identity verification steps.
Once you have crypto, it needs to be transferred to the Arbitrum network within your chosen wallet. The speaker explains this using Metamask as an example, guiding users to select "Arbitrum 1" as the network within the wallet interface. This step ensures that the donation can be processed correctly on the platform hosting the Ma Earth Grants Round.
With a funded wallet on the Arbitrum network, users can proceed to make their donations. This involves visiting maearth.com/grants and clicking on "donate." This will display a list of the 23 selected regenerative land projects participating in this round. Users are encouraged to explore the projects, which span various geographical locations. After selecting projects, the donation amount for each can be specified in the chosen cryptocurrency.
"In order to have your donation matched from the matching pool, it needs to be at least $5 equivalents. And we're doing this just to prevent any sort of kind of spam or what they call Sybil attacks on the system."
After confirming the donations, a pop-up from Metamask will appear, confirming the transaction fee (typically one cent on Arbitrum One). Clicking "confirm" completes the donation process. Finally, the speaker encourages sharing contributions on Twitter and exploring other community and open-source rounds within Gitcoin Grants 2020. They emphasize the inspirational nature of these projects and invite listeners to reach out with any questions via maearth.com/grants.
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