Crypto currency in a charitable environment

solarion

hero member

Activity: 966

Merit: 513

Quote from: kcryptoinvest on August 18, 2018, 11:42:31 AM

Nowadays the main problem around the world that when you want to put some money in charity - you don't know for sure where your money will go.There are a lot of SCAM organizations that use your money wherever they need to. This is ridiculous.
A lot of people speak about cryptocurrency from financial side but I there is not so many information about using it in charity.

I found only few not bad links in google:

https://www.cafonline.org/about-us/caf-campaigns/campaigning-for-a-giving-world/future-good/blockchain

http://donationcoin.org/

I think is the perfect idea to create something that can help millions of people in the future.

What are you think about this idea ?

If you give the donation with the fiat cash also it is not a big deal to have the fund return taken and other things but if you believe on any crypto charity and looking to invest on the good project means it will not be nice idea for sure.

Many chance to get scammed with the crypto you do. I don't believe the person who indeed of money help people will not create a site and request for donations.

happy weblancer

full member

Activity: 518

Merit: 114

A separate project representing a charitable foundation or something like that will not raise enough funds for ICO. There were already such investors in my practice. But the project, which, in addition to the main idea, also supports the idea of charity on its platform, it is quite possible. Recently, such a project was recently completed by ICO (CryptAssisst).

CrimBit

hero member

Activity: 672

Merit: 500

I think blockchain will help charity because of its openness. But there is a problem of conscience, of course that will make us anxious because fear if our good intentions to help are not right on target, it is not clear whether a product will be created and implemented that will allow the work to be full of donations.

gunbars

jr. member

Activity: 114

Merit: 1

It is a good theme to talk about, charity is not the main problem, but this problem exists. And blockchain can really give us a solution. Blockchain is good because no one can hide transactions of known wallets.

cvpwy

newbie

Activity: 39

Merit: 0

After reading this I seem Donationcoin is a pretty good one. The thing I like most about it is that we can verify our donation in which charity it was given to. So there is no chance to lose our money to some scam organization.

a2zC

newbie

Activity: 44

Merit: 0

Doing charity is always a good thing. Even the purpose of the crypto market was to eliminate the rich poor gap. If we do engage in charity though crypto then it will be a good thing for the market as well as for the people because everyone wants to be a part of a good omen. But we need to look at these links first to see if these are authentic or not.

OneyZ

newbie

Activity: 56

Merit: 0

Charity in crypto is a rare sight in this market. But it will be a noble deed if these are done in crypto currency too. Also, since this links are not that familiar with the people, it will be better to see where these charity will be headed and also to check if this is authentic or not. Then, surely a lot of people will participate in it.

WindowsRepuX

newbie

Activity: 69

Merit: 0

Even though the cause is noble, we still need to verify these two links to see if these are authentic or not. Charity is a good thing, but we need to make sure our hard eraned coins are not getting into the hands of malicious people. It's betetr to be safe than sorry.

ShutterTeeth

newbie

Activity: 78

Merit: 0

Rather than directly donating cryptos to a charity which I have no idea on I would prefer to do it if a ICO comes up with a noble project like eradicating poverty or providing education to the third world country students. Though there are some scam ICOs like these but a lot of the ICOs working on noble projects are reliable too since they are backed up by renowned and famous organizations or NGOs.

loveinberlin

member

Activity: 336

Merit: 10

I have never heard about the fate of btc in the crypto currency environment. I think that charity is the most noble thing and we need to invest in btc not only having a wish to earn a living but to give to charity

CryptoSimmonds

newbie

Activity: 56

Merit: 0

I have been looking for charity sites or pages where I can make donation with cryptos but sadly I could not trust any of them after seeing the recent scams in the crypto industry. However, recently I invested in SET which was a good project focused on saving the earth. If there comes a charity project in the future I would definitely love to participate in that.

Beimere

newbie

Activity: 66

Merit: 0

You are right, we have no idea where our money will go. But with the passage of time and increasing awareness among the investors, the amount of scams will surely decrease a lot. I have heard about donation coin a lot and I think they are the most legit crypto for donation. Also before donating we should check the team working behind the project.

LuckyHarriet

newbie

Activity: 103

Merit: 0

In this modern world, one term is particularly associated with every organization “CSR” and the full form it is corporate social responsibility. If crypto market wants to make a positive name in the market then it should start donating coins like bitcoin for donations. But the donation must be in the accurate place.

GhostAltCoin

newbie

Activity: 69

Merit: 0

Crypto marketers should start some corporate social responsibility (CSR) in the field of donation for a positive name of crypto market. There are many donation sites like CAF and donation coin which are secure for donate coins and help the needy people.

BTCPair1000

newbie

Activity: 72

Merit: 0

All the organizations that are making money from the society have some responsibility toward society also. And crypto market should recognize this matter and start donating coins through websites like CAF and donationcoin which are very much secure for coin donations.

toygama

member

Activity: 280

Merit: 10

Quote from: FlamingFingers on August 21, 2018, 06:57:15 AM

This has been discussed before. The potentials of cryptocurrencies being used in charity are great. Just imagine a charity party/T.V. show using cryptocurrencies as a means to raise funds for a cause—no 3-5 days waiting time for funds to be delivered, no need for banks, no need for middle man, no cut or insane fees (all the money raised will be used for the cause), directly from the donator to the charity organisation. They can even use a cryptocuurency payment processor like bitcoin's BitPay to instantly exchange the amount of bitcoins to cash. However, I doubt anyone would do that as they are only focusing on cryptocurrencies, the bad.

As a matter of fact, this very signature I am wearing is aiming to help raising funds for good causes—youth, children, women, environment, food, water, education and many others. It is a step in the right direction for cryptocurrencies potential influence and impact on social life.

That's a good project introducing cryptocurrency as a charitable institution, it's make another good output of this community known to help in other outside from its main objectives as decentralized seytem.

FlamingFingers

sr. member

Activity: 1344

Merit: 288

This has been discussed before. The potentials of cryptocurrencies being used in charity are great. Just imagine a charity party/T.V. show using cryptocurrencies as a means to raise funds for a cause—no 3-5 days waiting time for funds to be delivered, no need for banks, no need for middle man, no cut or insane fees (all the money raised will be used for the cause), directly from the donator to the charity organisation. They can even use a cryptocuurency payment processor like bitcoin's BitPay to instantly exchange the amount of bitcoins to cash. However, I doubt anyone would do that as they are only focusing on cryptocurrencies, the bad.

As a matter of fact, this very signature I am wearing is aiming to help raising funds for good causes—youth, children, women, environment, food, water, education and many others. It is a step in the right direction for cryptocurrencies potential influence and impact on social life.

vlad230

sr. member

Activity: 616

Merit: 279

There still are a few projects based on this idea.

I think it's not a bad idea to have anything charity related in this world but I'm not sure if this will necessarily work for charities.

Some points against it would be high volatility and the possibility of some individuals to use for scamming.

Ria Sakurai

jr. member

Activity: 251

Merit: 6

Blockchain help donations published and no fraud. There is several charity projects but charity is only the extra subject. I hope to see a new project which only focus on charity.

Osakrita

newbie

Activity: 196

Merit: 0

Cryptocurrencies is already used to support many charity causes, I think it is even accepted by the UNICEF and similar agencies to send reliefs to those in need of it. It roast to make such donations, no need for banks intermediaries.

Topic: Crypto currency in a charitable environment (Read 162 times)