So here is our mailout email which is going out to all charities on our site and a lot more too. This one was just sent to Key of HopeHello Key of Hope,
We would like to welcome you to a new form of currency for the internet called Donationcoin.
What is Donationcoin?Online there are already many variants of Bitcoin which you may or may not of heard of such as Litecoin, Dogecoin, Reddcoin and many many more. Unlike the original "Internet Money" Bitcoin or other variants, Donationcoin is specifically molded around donating to charity and to help those less fortunate than ourselves. Spencer Lievens (Co-Creator/Lead Developer) and Muiz Rana (Co-Creator/Developer) have created this brand new "cryptocurrency" named Donationcoin (
http://www.donation-coin) to enable people worldwide to help people to live a better life. Currently we have 13,500,000 coins on reserve and from these Donationcoin we want to give Key of Hope 250,000 Donationcoin. In total 90,000,000 Donationcoin will slowly enter the internet over the course of 10 years. This is achieved by the Donationcoin community using their own computers to generate the Donationcoin and trade on the exchanges to further increase it's value.
Where's the Donationcoin stored and how are money transactions possible on across the networks?People simply download a software wallet for Donationcoin (Linux, Mac or Windows) which enables them to send and receive Donationcoin.
Wallet Downloads -
http://www.donation-coin.orgWhat is Donationcoin? And why should Key of Hope use them?Cryptocurrencies like Donationcoin are peer-to-peer networks which form a digital currency and transactions network. These networks are secured by cryptography. A decentralised network of nodes are responsible for creating new currency and validating transactions. Their supply is also controlled by particular nodes called miners. In general, cryptocurrencies are designed to have a limited supply in order to keep the currency scarce and valuable. To simplify slightly, the network are the software wallets which are all connected throughout the Internet.
Who produces Donationcoin?With Donationcoin new coins are rewarded to users known as miners. Miners use computing power to solve complex mathematical problems to sign transactions. Once a miner has found a solution to these problems, their node will broadcast a block of transactions to the network. Once the network has agreed the solution is valid, the block is added to the existing blockchain and the miner is rewarded new currency. The blockchain can be compared to a digital ledger which contains a record of all transactions made across the network. Overtime the reward for mining blocks is programmed to decrease and as more miners compete to produce the next new block the difficulty of doing so is increased.
How can our Charity sell Donationcoin to get FIAT ("real money")?Donationcoin will be entering the Swisscex exchange (
http://www.swisscex.com) within the next 2 weeks and at this point we will be commencing trades with Bitcoin purchasing Donationcoin at $1 per coin. This will raise the price of the Donationcoin and we're hoping with your support and the continued support of the community online the value and ROI will increase greatly over the course of the 10 year period of which it takes for the total 90,000,000 Donationcoin to be released into the Internet. Donationcoin will be able to be traded for other cryptocurrencies and FIAT ("real money") by simply trading for BTC and then for FIAT ("real money"). Bearing in mind because of the ROI of Donationcoin over the course of 10 years and onwards we recommend trading your 250,000 Donationcoin either "late in the game" or slowly in increments at your own discretion.
How do we accept Donationcoin and get the 250,000 Donationcoin?We recommend your Finance Department download the software wallet to a secure computer. We have Linux, Mac and Windows versions available here -
http://www.donation-coin.org and once downloaded and installed simply contact us with your receive address and we shall transfer the coins directly to your wallet. We will also send a Donationcoin banner/button with your receive address for people Internationally to donate to. If you have any issues with downloading the wallet or installing please email
[email protected]We have already listed your charity in our 'Supported Charities' section of our site and would like to add you to our 'Affiliated Charities' section once this process is complete. We are really excited to hear from you and hope to help a lot of people worldwide alongside Key of Hope.