A small but good enough idea can even change the world at a certain value, PLDGR will probably be it!
But with the condition that you will actually use the money donated to the right purpose and object. I've seen a lot of charity donations but then most of the money and items donated did not reach those who really needed them. As for the amount and the item has gone, I think everyone can understand...
Hi there!
That is one of the areas PLDGR will address. The assurance to donors that their contribution were really used for their selected charity.
The final flow of the platform is, once the minimum amount of donation for a certain project is achieved, PLDGR will provide the option to convert the funds to fiat currency and turn it over to the charitable institution or convert the donation to any of the popular cryptocurrencies. The institution will then be required to provide documentation of how the funds were used in the project.
A certain percentage of the donated funds will be kept until the institution is able to provide their project report. If the minimum amount is not reached, the donated tokens will automatically revert back to the donors. This would be helpful so as not to produce fundraising campaigns that do not hit the target which will only create incomplete projects.
Being able to see the status of a certain project would also bolster donors’ motivation to take further action and complete the project.
For more about this, please view our whitepaper in our website:
https://www.pldgr.org
