Happy Thanksgiving from the CureCoin Team!To better differentiate the CureCoin digital currency from the CureCoin llc Folding Pool, Cloud Folding Services and Charitable Giving; CureCoin llc has created an official 501(c)3 charitable division called "The CureCoin Project" using a fiscal sponsorship from Visions Made Viable:
https://www.curecoin.net/2-uncategorised/94-curecoin-fiscal-sponsorship-announcementPhase 1 of of the Fiscal Sponsorship is completed. Fiat donations can now help fund cloud folding at the Michigan facility. The resulting CURE can be invested back into the lab, donated to charities,
or burned to increase scarcity. Several key pieces of the cloud folding system were dontated by Ed Olkkola (the world's number one protein folder).
In the near-term, Phases 2 and 3 will allow CureCoin to accept tax deductable bitcoin and altcoin donations through Coinpayments.net to expand cloud folding, help with coin development and marketing, and in the case of donated CURE, allow curecoin holders an avenue to make their CURE donations tax deductible - funding CureCoin llc selected charities (including Pande Labs) in the process.
Visions Made Viable has given CureCoin llc exclusive use of their Amazon Smile channel for The CureCoin Project, so that when you add "Visions Made Viable" to your Amazon Smile account, Amazon retail division contributes a small percentage of your purchase price on YOUR behalf to support Cloud Folding on Folding@home - at no cost to you.We're very proud of this achievement. We've been working on it since late July - contacting about 250 sponsoring organizations, speaking with about 20 of those, submitting an extensive application and charitable giving plan - and finally deciding to go with "Visions Made Viable" charity incubator run by Prof. Roger Morton of California State University Long Beach. Special thanks go out to Mr. G. Camaj for bringing the possibilities of Fiscal Sponsorship to light.
Some other points:For Vorksholk's latest updates on blockchain developments, see:
https://bitcointalksearch.org/topic/m.16705626 Very interesting developments coming from his continued work.To answer the question about distribution of donated funds ... Not all donated CURE go to charities. We have used converted donated CURE (both through the website and through PS3EdOlkkola's account) to fund items like vps hosting, wallet updates, website migration to curecoin.info which includes an integrated Cloud Folding store (when you want to boost your output) and Spanish language install/configuration guides. We have a newly designated webmaster for the homepage transition username "drhimura"; our core team member from Spain.