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Topic: [ANN] [ICO] SUNLIGHT COIN - First charity ICO for orphans. - page 2. (Read 1065 times)

full member
Activity: 336
Merit: 100
Genesis Team™
I like the idea of people giving donations through cryptocurrency to certain causes. What kind of transparency will be offered for funds donated? What controls will be in place to make sure someone doesn't run off with the money?
newbie
Activity: 14
Merit: 0
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ICO Sunlight - is  completely open charity project, the purpose of which is to collect donations in the cryptocurrency for further assistance to children in orphanages in Ukraine.
Sunlight does not bear any financial, investment benefits and all contributions are donated to support orphanages on the territory of Ukraine. Our project takes responsibility to provide evidences that all the money invested and time spent helped those who need it.

▁ ▂ ▃ ▅ ▆ █ Project implementation █ ▆ ▅ ▃ ▂ ▁



After the ICO, first of all, the collected funds will cover the expenses of the most needy orphanages, as well as expenses from the lists of needs provided by the administrations of orphanages that we have already visited (the lists are available on our Twitter account). Also, we will visit another orphanages that we haven't visit yet, but it will depend on contributed funds. If the project is popular and will raise enough funds, we are ready to provide assistance to orphanages in other regions of the country.
The raised funds will be converted to fiat and the necessary goods and services will be provided:
  • medicines, clothing, office supplies, books, hygiene products, toys;
  • repair and construction work on the territory of orphanages (repair of premises, insulation, repair of sewerage, construction of a children's playground, etc.)
    Reports of performed work  (photos, videos and checks) will be regularly published on Twitter,  Telegram and Sunlight Coin website.

    ▁ ▂ ▃ ▅ ▆ █ Roadmap █ ▆ ▅ ▃ ▂ ▁


    17 September 2017 - Start of ICO ➟➟➟ 17 October 2017 - Finish of ICO ➟➟➟ October 2017 - January 2018 - Project implementation




    ▁ ▂ ▃ ▅ ▆ █ Token █ ▆ ▅ ▃ ▂ ▁

    Our project accept only Ethereum.

    The bonus system of the token is simple and has two main bonuses:

    For each 0.01 contributed Ethereum you get a bonus 1 SUN coin. So, if 0.1ETH was invested, 10 bonus tokens will be received. 1 ETH = 100 bonus SUN, etc. With each ETH collected, the smart contract will increase the issue by 50 tokens, therefore, the more tokens are purchased, the more SUN tokens will be generated. It will look like this:

    First ETH = 1100 SUN
    Second ETH = 1150 SUN
    Fifth ETH = 1300 SUN
    Fifteenth ETH = 1800 SUN and so on

    We plan to issue a token to the exchange, so our project will be able to thank those people who believed in the project and donated their money and time. But this will depend on the amount collected.
    Received funds will be transferred to different wallets for security purposes .
    All information regarding crowdsale you can find here: http://sunlightcoin.io/#crowd_sale


    ▁ ▂ ▃ ▅ ▆ █ The duration of the Sunlight Coin ICO █ ▆ ▅ ▃ ▂ ▁

    ICO will last for 30 days. There is no minimum cap, but as more donations will be collected, as many orphanages will be visited by our team and help will be provided. If the project can not collect in 30 days the amount to cover the needs of at least one orphanage, then the ICO will be extended for few more weeks.
    There is no minimum contributed limit in the project, every dollar and every cent will make a huge contribution.



    ▁ ▂ ▃ ▅ ▆ █ Collected Funds █ ▆ ▅ ▃ ▂ ▁

    Collected funds will be divided in the 80/20 ratio:
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