Official Grace Token Sale Bounty Program:
https://medium.com/@GraceOrg/official-grace-token-sale-bounty-campaign-2fb55d7d0828
Corresponding thread:
https://bitcointalksearch.org/topic/bounty-grace-charity-donations-platform-with-economic-incentive-mechanism-2087271
Topic: [ANN][ICO LIVE 🔥] Grace: Donations Platform with Economic Incentive Mechanism - page 4. (Read 3539 times)
August 13, 2017, 10:21:00 PM
August 13, 2017, 08:59:09 PM
August 13, 2017, 08:58:20 PM
Grace is a secure fundraising platform built on the Ethereum blockchain, with a unique reward mechanism to organically incentivize charity campaign advocates.
The current state of charity fundraising is broken. Regardless of scale, most charities suffer from numerous problems such as fraud, corruption, difficulties in talent retention, and tacit social stigma in resource allocation. The purpose of Grace is to provide a decentralized solution to some of the most pressing inefficiencies.
The current state of charity fundraising is broken. Regardless of scale, most charities suffer from numerous problems such as fraud, corruption, difficulties in talent retention, and tacit social stigma in resource allocation. The purpose of Grace is to provide a decentralized solution to some of the most pressing inefficiencies.
Infographic: Grace vs Traditional Fundraising
Grace Manifesto - Revolutionizing Charity Fundraising
Maximize exposure through economically incentivized efforts.
Maximize value output from every unit of charity contribution.
WEBSITE · WHITEPAPER · TWITTER · SLACK
How Grace Works
Core Concepts
Mitigation of Fraud and Corruption
All donations on Grace are securely recorded on the blockchain, which are immutable and open to everyone to audit. This reduces the risks of fraud and corruption, and ensures that the much-needed donations go directly to the right hands.
Advocate Incentive Mechanism
With its Advocate Incentive Mechanism, Grace leverages the power of passionate individuals and economic incentives to deliver the greatest possible social impact. The interest of the Advocates is aligned with the interest of social good.
Utilizing social marketing this way, the promotional efforts of charities can scale limitlessly, without incurring marketing costs up front.
Freeing Up Resources for Charities, Improving Operating Efficiency
Grace allows organizations to delegate promotional work to incentivized Advocates. This frees up time and funds otherwise allocated to recruiting and training marketing talents, so that the charities can focus their limited resources on other important areas.
Financially Sustainable Efforts for Contributors
Around the world, we have observed a steady decline in volunteering rate as well as the number of hours of volunteer work done. For many people who are passionate about contributing, time is often a limiting constraint and there is only so much sacrifice one can make before having to succumb to the unforgiving reality of daily affairs and commitments.
Grace tackles this long-standing problem by establishing a stream of income for Advocates to continue their charitable work in a financially sustainable way. In some cases, Advocates may earn enough from Grace rewards to justify doing good full-time. A truly profound outcome.
For more information about GRCE token usage, as well as Grace roadmap, take a look at our whitepaper.
Token Sale Details
A total of 120,000,000 GRCE tokens will be issued. The supply is permanently fixed, making it intrinsically deflationary. 20% of all GRCE tokens issued is withheld and 80% is sold in the token sale.
GRCE tokens are sold at an exchange rate of 1 ETH : 3000 GRCE.
GRCE Pre-Sale
During the pre-sale, purchases are rewarded with 20% extra tokens until the pre-sale period closes or the pre-sale reaches its cap of 20 million tokens.
Starts: August 28, 2017 00:00am GMT
Ends: September 3, 2017 11:59pm GMT
GRCE Sale
Starts: November 1, 2017 00:00am GMT
Ends: December 15, 2017 11:59pm GMT
Blog Posts & Content
Reasons why you should rethink how charity works
The Game Changer - Advocate Incentive Mechanism (AIM) to Power Charity Fundraising
Infographic: Grace vs Traditional Fundraising
Grace Token Empowers the Nonprofit Sector With Individual Incentives (The Merkle)
Bounty Campaigns
https://bitcointalksearch.org/topic/bounty-grace-charity-donations-platform-with-economic-incentive-mechanism-2087271
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