Topic: ⚡⚡[ANN] [PRE-ICO] ⚡⚡ PHILANTHOR ❤️ Blockchain Philanthropy Foundation ⚡ LIVE ⚡ - page 2. (Read 22994 times)

We can't prevent or anticipate people's intention. We think that most donors and philanthropists don't like to mix profits with donations, as it takes away the altruistic motive. However if one wants to enjoy both worlds, we aren't here to judge or prevent it.

1. We have dedicated 50% of the pre-sale and crowd sale to donate to causes. That is the proof of concept.
2. We have vetter already over 100 recipients (charities and grant seekers) for that proof of concept purpose.
3. We have set asside over 60% of all tokens in circulation into funds/buckets that will go to philanthropy activities only - that for the future of the fund.

I request that you read our plan in the white-paper, or direct questions to us to understand the model. Beyond that, if you have constructive suggestions how to prove the proof of concept beyond what we are already doing, we are listening and welcoming such advise.

this is very difficult to understand, when a project that focuses on the field of charity means the project is looking for investors who do not expect profits because the result of the purchase of tokens is for charity, what will be like that? are there no benefits gained from this field? thank you

The plan in the white paper is one thing and execution the other. I would like to see a known organization come forward and confirm that you are serious about this. You are not the first project with a sound white paper asking for money to launch a philanthropic network. This is not against you. Experience just isn't the best when people claim to dedicate themselves to good causes.

1. We have dedicated 50% of the pre-sale and crowd sale to donate to causes. That is the proof of concept.
2. We have vetter already over 100 recipients (charities and grant seekers) for that proof of concept purpose.
3. We have set asside over 60% of all tokens in circulation into funds/buckets that will go to philanthropy activities only - that for the future of the fund.

I request that you read our plan in the white-paper, or direct questions to us to understand the model. Beyond that, if you have constructive suggestions how to prove the proof of concept beyond what we are already doing, we are listening and welcoming such advise.

Very well-said. That's why I'm too hesitant with projects like this - charity, philanthropic movement...Because most of the time, they just want to raise money for themselves. Why not provide us proofs first that you can deliver such mission? If you are really philanthropists, you don't need huge money to start with.

I think you should focus on some very specific causes in order to get the word out and show that you can make an impact. If you just distribute your tokens and call yourself a philanthropic project people may not believe you. I think you should focus on something to get started and demonstrate how it could work.

Thanks that's a good question:

a. Over a considerable period of time we have done quiet a lot of research, and had a discussion with dozens of future recipients who are happy to work with us, either as donations, grants or scholarships or aid.
b. Our team was specifically chosen to cover a wide scope of philanthropy topics, such as agriculture/agri-tech, energy, biotech, health tech, education (and a few more). Each one of our team members in involved in more than a handful of projects that are eager to work with us, so we have a growing lineup of exciting projects.
c. Charity is only a small part of our scope (about 10% of the reserve fund) but we can see already various blockchain based charities, coins, or charities that accept crypto as donations. So we believe the trend will grow from here forward.
d. We have seen a few other projects in this space, some are truly inspiring, but most of them are focused on building a platform for charity fund raising. Our focus is on the actual philanthropy work, specifically building an AI based Hive mind, that not only raises funds, and takes advise from the token holders, but then spends the funds for social good. You can think of it as a 360° holistic true philanthropy work, rather than just the fund raising platform.

I hope that gives an answer, and we'll be happy to discuss more in details.

 

There is a start up if I remember that correctly that presents specific research causes (for example like the Dengue fever) and then anybody can contribute to support research. Sure why not have more than one project going this way, but do you expect a lot of parties in this network to be rather interested in personal profits than in supporting good causes?

Token holders which we like to call Members, bring new perspectives. For example just for illustration, if enough members live in an area affected by Dengue fever, which takes thousands of casualties per year in Asia, a virus than most westerners never heard about, then enough "token holders" from those areas, can create a movement in Philanthor's swarm to support research for a cure.